Marshall, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Beacon of Hope Services Inc, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $948K left a modest 6% surplus.
Beacon of Hope Services Mission: Connecting and Empowering our Community Through Food.
Food Pantry Programs: Beacon of Hopes Food Pantry provides weekly food assistance to roughly 1,200 low-income familites each month in Madison and surrounding counties. In 2023, Beacon distributed...
Food Pantry Programs: Beacon of Hopes Food Pantry provides weekly food assistance to roughly 1,200 low-income familites each month in Madison and surrounding counties. In 2023, Beacon distributed 324,927 pounds of food to those in need in our community. Through our Commodity Supplemental Food Program, we provide an additional 144 food packages each month to qualifying seniors, over the age of 60.
Healthy Opportunities Pilot Program (HOP): Beacon of Hope is an HSO (Health Service Organization) within the Healthy Opportunities Pilot Program which is funded through Medicaid. At year-end, Beacons...
Healthy Opportunities Pilot Program (HOP): Beacon of Hope is an HSO (Health Service Organization) within the Healthy Opportunities Pilot Program which is funded through Medicaid. At year-end, Beacons HOP program had grown from serving 3 families to providing weekly groceries to 26 families.
Thrift Store: Aside from offering a low-cost retail alternative to our community, Beacons Thrift Store also offers assistance with clothing, household items, and more. In 2023, our store distributed...
Thrift Store: Aside from offering a low-cost retail alternative to our community, Beacons Thrift Store also offers assistance with clothing, household items, and more. In 2023, our store distributed 191 vouchers and provided $9,440 worth of assistance through our voucher program.
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 | $1,004,858 | $1,342,942 | -0.3% |
| Expenses | $947,671 | $1,257,199 | -0.2% |
| Net Income | $57,187 | $85,743 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Jessi Koontz | Executive Director | 40.00 |
Officer
Director
|
$44,583 | $0 | $44,583 |
| Robert A Clifford | Board Chairman | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Janet Spivey | Secretary | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| Carrie Lee Hoffman | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,004,858 | $947,671 | $1,059,325 | $57,187 |
| 2022 | $1,342,942 | $1,257,199 | $494,935 | $85,743 |
| 2021 | $1,018,774 | $906,872 | $408,709 | $111,902 |
| 2020 | $694,614 | $592,358 | $297,668 | $102,256 |
| 2019 | $919,896 | $884,374 | $195,538 | $35,522 |
| 2018 | $804,366 | $761,156 | $150,328 | $43,210 |
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