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.
EQUIP CHRISTIAN CONGREGATIONS TO MINISTER WITH ADULTS WITH INTELLECTUAL DISABILITIES.
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.