Elizabeth City, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MARITIME MINISTRIES INC, founded in 1991, is a small nonprofit in the Religion sector that reported $213K in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $73K, a strong 34% operating margin.
We serve the local church by facilitating adventure and discipleship through use of sailboats on the waterways, rivers and seas. We serve the cruising community in practical and tangible ways, being "salt and light". We share the Gospel with all that we come in contact with. We use our boats as conversation openers and as a methodology to make new friends who may share our passion for the sea.
This past year we have mentored and coached a new launch ministry whose focus is on women and their walk with Christ. We provided them with a 36' sailing vessel, and vessel repair, and vessel...
This past year we have mentored and coached a new launch ministry whose focus is on women and their walk with Christ. We provided them with a 36' sailing vessel, and vessel repair, and vessel management training. Our level of transient guest services have earned our docks the highest rating of any free dock on the US East Coast as per results in the Garmin Active Captain app.
Our guest house ministry has had over 50 guest couples using the home and the vessel Renewal this past year. These weeks of vacation and informal counseling/prayer have recharged and refocused local...
Our guest house ministry has had over 50 guest couples using the home and the vessel Renewal this past year. These weeks of vacation and informal counseling/prayer have recharged and refocused local pastors, missionaries and missionary staff employees from Africa, Asia, South and Central America, the US and Canada.
Our "flagship" Selah was returned into service after a year plus long renewal of her interior and decks. At this writing she and her crew are visiting local churches in the Bahamas to renew and...
Our "flagship" Selah was returned into service after a year plus long renewal of her interior and decks. At this writing she and her crew are visiting local churches in the Bahamas to renew and reestablish our partnerships with the Bahamian local churches.
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 | $212,780 | $96,337 | +1.2% |
| Expenses | $140,126 | $112,771 | +0.2% |
| Net Income | $72,654 | $-16,434 | -5.4% |
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 |
|---|---|---|---|---|---|---|
| Patrick Whipple | Treasurer | 5 |
Officer
Director
|
$15,439 | $0 | $15,439 |
| Dan Smith | President | 40 |
Officer
Director
|
$0 | $0 | $0 |
| Daniel Bowers | Board Member | 3 |
Director
|
$0 | $0 | $0 |
| Dave Stadler | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Chester Sink | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $212,780 | $140,126 | $188,947 | $72,654 |
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