Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RESTORATION WORD MINISTRIES INC, founded in 1998, is a community nonprofit in the Religion sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 10% surplus.
PRIMARY EXEMPT PURPOSE - THE MISSION OF RESTORATION WORD MINISTRIES IS TO TEACH AND TRAIN CHRISTIANS WORLDWIDE WHO THEY ARE IN THE BODY OF CHRIST, HOW THEY LIVE IN VICTORY, HOW THEY WALK IN DIVINE HEALTH AND HOW TO PROSPER AS THE CHILDREN OF GOD. WE TRAIN FELLOW BELIEVERS TO BE WHO GOD HAS CALLED THEM TO BE IN THE END-TIME HARVEST OF SOULS FOR THE SURE AND IMMINENT RETURN OF OUR LORD AND SAVIOR JESUS CHRIST. IT IS ALSO THE MISSION OF RESTORATION WORD MINISTRIES TO SUPPORT MISSIONS AND ASSIST THE POOR.
VOLUNTEERS JOIN US AT the Charlotte Mecklenburg Dream Center TO PREPARE OUR WORLD FAMOUS CHILI CHEESE DOGS THAT OUR STREET MINISTRY TEAM WILL DISTRIBUTE THROUGH UPTOWN. VOLUNTEERS MEET US AT KING'S...
VOLUNTEERS JOIN US AT the Charlotte Mecklenburg Dream Center TO PREPARE OUR WORLD FAMOUS CHILI CHEESE DOGS THAT OUR STREET MINISTRY TEAM WILL DISTRIBUTE THROUGH UPTOWN. VOLUNTEERS MEET US AT KING'S KITCHEN BEGINNING AT 7:30 P.M. FOR A TIME OF PRAYER BEFORE TAKING TO THE STREETS OF UPTOWN, IN GROUPS, TO DISTRIBUTE FOOD, AND MOST IMPORTANTLY, ENCOURAGEMENT. OUR VOLUNTEERS SPEND TIME HEARING THE STORIES OF OUR HOMELESS NEIGHBORS, PRAYING FOR THEM, AND CONNECTING WITH THEM ON A PERSONAL LEVEL. BIBLE STUDY EACH WEEKDAY WE INVITE FOLKS FROM THE STREETS OF CHARLOTTE & THOSE LIVING IN POVERTY TO JOIN US FOR BIBLE STUDY. MONDAY, WEDNESDAY & FRIDAY WE SERVE A MEAL FOR THOSE ATTENDING OUR BIBLE STUDIES. DISCIPLESHIP PROGRAM CMDC OFFERS A 1 YEAR DISCIPLESHIP PROGRAM THROUGH OUR PARTNERSHIP WITH KING'S KITCHEN. DISCIPLESHIP PROGRAM MEMBERS RECEIVE A PAID INTERNSHIP TO KING'S KITCHEN. ADDITIONALLY, EACH MEMBER RECEIVES TRAINING IN LIFE SKILLS, RECEIVES CHRISTIAN DISCIPLESHIP, SERVES IN THE CHARLOTTE COMMUNITY, ATTENDS CHURCH SERVICES & BIBLE STUDIES, AND WORKS ONE-ON-ONE WITH A CASE WORKER TO IDENTIFY AND ACHIEVE SPECIFIC GOALS. CHILDREN'S MINISTRY CMDC'S CHILDREN'S MINISTRY WORKS WITH CHILDREN LIVING IN POVERTY FROM THE NEIGHBORHOODS SERVED THROUGH OUR OTHER MINISTRIES. WE FOCUS ON BUILDING RELATIONSHIPS WITH CHILDREN TO THEN DISCIPLE THEM FROM A CHRISTIAN PERSPECTIVE. TRANSITION HOUSE THE DREAM CENTER PROVIDES TRANSITIONAL HOUSING FOR MEN IN THE DREAM CENTER DISCIPLESHIP PROGRAM. THE MEN ARE HOUSED IN A 3 BEDROOM HOUSE AND SPLIT THE RENT ($1200/MO.) & UTILITIES EQUALLY. YOUTH TUESDAY LIVE EVERY TUESDAY VOLUNTEERS ENGAGE THE YOUTH OF THE ADOPT-A-BLOCK PROGRAM NEIGHBORHOODS THROUGH GAMES, FOOD & FELLOWSHIP. THE PROGRAMMING CHANGES EACH WEEK BUT THE GOAL IS FOR VOLUNTEERS TO MENTOR & DISCIPLE THE YOUTH FROM THE COMMUNITY. MOBILE FOOD PANTRY EVERY OTHER THURSDAY THE DREAM CENTER PROVIDES A PROTEIN, VEGETABLES, MILK & BREAD TO RESIDENTS IN THE JT WILLIAMS AND THOMASBORO COMMUNITIES FREE OF CHARGE. TUTORING VOLUNTEERS HELP KIDS WITH HOMEWORK AND HELPING TO BRING THE STUDENTS UP TO GRADE LEVEL UTILIZING IREADY READING SOFTWARE.
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 | $1,746,462 | $798,738 | +1.2% |
| Expenses | $1,566,968 | $1,068,648 | +0.5% |
| Net Income | $179,494 | $-269,910 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| N/A | Treasurer | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Secretary | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | President | 25.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Board Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Executive Director | 40.0 |
Officer
|
$69,808 | $0 | $69,808 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,746,462 | $1,566,968 | $663,677 | $179,494 |
| 2022 | $798,738 | $1,068,648 | $457,713 | $-269,910 |
| 2021 | $742,710 | $803,686 | $746,850 | $-60,976 |
| 2020 | $1,464,299 | $811,782 | $784,622 | $652,517 |
| 2019 | $367,834 | $329,968 | $155,787 | $37,866 |
| 2018 | $245,316 | $225,433 | $101,478 | $19,883 |
Compare RESTORATION WORD MINISTRIES INC with other nonprofits in North Carolina and across the country.