INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CONNECTION MINISTRIES INC, founded in 2015, is a small nonprofit in the Religion sector that reported $120K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $167K exceeded revenue, resulting in a 39% operating deficit.
TO EQUIP CHRISTIAN CONGREGATIONS TO MINISTER WITH ADULTS WITH INTELLECTUAL DISABILITIES.
SUMMER FRIENDSHIP GATHERINGS (A SIGNIFICANT PROGRAM SERVICE - A 3-EVENING EVENT) WERE HOSTED IN 9 CHURCHES SERVING 14 OF OUR NETWORK FRIENDSHIP PROGRAMS. THIS PROGRAM ACTIVITY IS CAPTURED UNDER THE...
SUMMER FRIENDSHIP GATHERINGS (A SIGNIFICANT PROGRAM SERVICE - A 3-EVENING EVENT) WERE HOSTED IN 9 CHURCHES SERVING 14 OF OUR NETWORK FRIENDSHIP PROGRAMS. THIS PROGRAM ACTIVITY IS CAPTURED UNDER THE OVERALL PROGRAM EXPENSE ALLOCATION OF TOTAL EXPENSES. IN 2024 CONNECTION MINISTRIES CONSULTED WITH 20 CHURCHES WITH EXISTING PROGRAMS; 14 OF THESE CHURCHES ARE CONSIDERED NETWORK CONGREGATIONS WHILE WE SUPPORTED 6 ADDITIONAL CONGREGATIONS. NO REGISTRATION FEES ARE COLLECTED FOR ANY OF THE CM PROGRAMS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $120,365 | $160,875 | -0.3% |
| Expenses | $166,796 | $163,366 | +0.0% |
| Net Income | $-46,431 | $-2,491 | +17.6% |
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 |
|---|---|---|---|---|---|---|
| BRUCE MADINGER | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD FOLEY | PRESIDENT (THRU 01/25) | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID RUMP | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL E KERNS | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONALD BODEN | SECRETARY | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROGER BRUNKOW | SECRETARY (THRU 01/25) | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JONI BORGMAN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| KRIS QUANDT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| TRACEY CORNFORTH | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$52,500 | $1,262 | $53,762 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $120,365 | $166,796 | $114,111 | $-46,431 |
| 2024 | $160,875 | $163,366 | $160,475 | $-2,491 |
| 2023 | $222,663 | $132,543 | $162,822 | $90,120 |
| 2022 | $144,748 | $120,966 | $72,702 | $23,782 |
| 2021 | $158,547 | $131,906 | $48,920 | $26,641 |
Compare CONNECTION MINISTRIES INC with other nonprofits in Indiana and across the country.