KYLE, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CORE MINISTRIES INC, founded in 2016, is a small nonprofit in the Religion sector that reported $245K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $210K left a modest 14% surplus.
CORE EXISTS TO SERVE AND EQUIP THOSE WHO ARE PASSIONATE ABOUT SEEING MEN EMBRACE THEIR TRUE IDENTITY AND PURPOSE. THROUGH STRATEGIC PARTNERSHIPS WE DEVELOP TOOLS AND RESOURCES FOR LEADERS TO DEEPEN THEIR IMPACT ON CULTURE.
CORE'S DESIRE IS FOR MEN TO SEE GOD WORK THROUGH THEIR OWN BROKEN STORIES, TO BRING BEAUTY AND FLOURISHING TO A BROKEN WORLD. WE SEE THE POWER OF THE GOSPEL COMBATING THE PERFORMANCE-BASED CULTURAL...
CORE'S DESIRE IS FOR MEN TO SEE GOD WORK THROUGH THEIR OWN BROKEN STORIES, TO BRING BEAUTY AND FLOURISHING TO A BROKEN WORLD. WE SEE THE POWER OF THE GOSPEL COMBATING THE PERFORMANCE-BASED CULTURAL NARRATIVES AND MOVING MEN TOWARD THE GRACE, MERCY AND REDEMPTION THAT IS OFFERED THROUGH JESUS. WE ARE POSITIONED TO IMPACT ORGANIZATIONS WITH THE DEVELOPMENT OF SIGNATURE, HIGH QUALITY RESOURCES AND CONSULT WITH THEM ON INITIATIVES AND EVENTS THAT HELP CATALYZE THEIR OWN VISION AND MISSION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $245,025 | $188,888 | +0.3% |
| Expenses | $209,822 | $212,107 | 0.0% |
| Net Income | $35,203 | $-23,219 | -2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RANDY RT PHILLIPS | PRESIDENT | 50.00 |
Officer
Director
|
$77,400 | $0 | $77,400 |
| KEN CANFIELD | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID GONZALES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEN HARRISON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAY HIRAMINE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RANDY PHILLIPS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $245,025 | $209,822 | $57,407 | $35,203 |
| 2022 | $228,643 | $192,008 | $33,786 | $36,635 |
| 2021 | $282,215 | $260,334 | $14,178 | $21,881 |
| 2020 | $94,384 | $118,550 | $9,411 | $-24,166 |
| 2019 | $233,370 | $233,285 | $14,775 | $85 |
| 2018 | $321,534 | $392,818 | $14,941 | $-71,284 |
Compare CORE MINISTRIES INC with other nonprofits in Texas and across the country.