LAKELAND, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARKER STREET MINISTRIES INC AND SUBSIDIARIES, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $7.5M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.8M, a strong 78% operating margin.
PARKER STREET MINISTRIES IS A CHRIST-CENTERED ORGANIZATION COMMITTED TO INDIVIDUAL, FAMILY AND COMMUNITY RESTORATION, RECONCILIATION AND REVITALIZATION BEGINNING IN LAKELAND'S PARKER STREET COMMUNITY.
VOLUNTEERS ARE VITAL RESOURCES FOR DELIVERING PROGRAMS. IN 2024, 677 UNDUPLICATED VOLUNTEERS LOGGED MORE THAN 3,600 HOURS THROUGH PSM AND 28 OF THOSE VOLUNTEERS WERE NEIGHBORHOOD RESIDENTS. THE...
VOLUNTEERS ARE VITAL RESOURCES FOR DELIVERING PROGRAMS. IN 2024, 677 UNDUPLICATED VOLUNTEERS LOGGED MORE THAN 3,600 HOURS THROUGH PSM AND 28 OF THOSE VOLUNTEERS WERE NEIGHBORHOOD RESIDENTS. THE IN-KIND VALUE OF VOLUNTEER HOURS IN 2024 WAS 121,023.15 (INDEPENDENT SECTOR). THE ORGANIZATION'S CURRENT LONG-RANGE PLAN (2023-27) FEATURES FOUR FOCUS AREAS. FOSTERING SPIRITUAL GROWTH: ENCOURAGING SPIRITUAL GROWTH BY MAKING CHRIST AND HIS GOSPEL CENTRAL THROUGH THE PRACTICE OF SPIRITUAL DISCIPLINES. THIS EQUIPS PARKER STREET AND NORTH LAKE WIRE NEIGHBORHOOD RESIDENTS TO INTEGRATE THESE PRACTICES INTO THEIR LIVES, NO MATTER WHERE THEY LIVE. SUPPORTING LIFETIME LEARNERS: OFFERING YEAR-ROUND EDUCATIONAL OPPORTUNITIES, INCLUDING ACADEMIC ENRICHMENT FOR K-12 STUDENTS. A SUMMER WORKFORCE PROGRAM TEACHES YOUNG HIGH SCHOOLERS ESSENTIAL JOB SKILLS, PROVIDES STIPENDS, AND EMPHASIZES THE IMPORTANCE OF SAVING. STABILIZING THE NEIGHBORHOOD: ENHANCING THE QUALITY AND AVAILABILITY OF HOUSING BY LEVERAGING VOLUNTEERS AND PARTNERSHIPS WITH LANDLORDS AND AGENCIES. ACTIVITIES SUCH AS NEIGHBORHOOD CLEANUPS, LANDSCAPING, HOME REPAIRS, AND THE CONSTRUCTION OF HOMES FOR THOSE UNDERHOUSED AND COST- BURDENED TO STABILIZE FAMILIES AND CONTRIBUTE TO A VIBRANT, MIXED-INCOME COMMUNITY. CULTIVATING CONNECTIONS: BRIDGING GAPS IN RELATIONSHIPS AND SERVICES THROUGH ACTIVITIES LIKE THE NEIGHBORHOOD CHRISTMAS STORE AND COMMUNITY GATHERINGS. STRENGTHENING MINISTRY CONNECTIONS WITH PARKER STREET AND NORTH LAKE WIRE FAMILIES FOSTERS A DIVERSE COMMUNITY THAT LEARNS FROM AND CARES FOR ONE ANOTHER. MEASURES, PROGRAM INFORMATION, AND FINANCIAL DOCUMENTS CAN BE FOUND AT PSMLAKELAND.ORG OR AT CANDID.ORG.
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 | $7,472,354 | $3,936,447 | +0.9% |
| Expenses | $1,628,008 | $1,395,052 | +0.2% |
| Net Income | $5,844,346 | $2,541,395 | +1.3% |
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 |
|---|---|---|---|---|---|---|
| TIMOTHY MITCHELL | EXECUTIVE DI | 40.00 |
Officer
|
$102,030 | $0 | $102,030 |
| SCOTT MACDONALD | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| LANCE SCHMIDT CPA | TREASURER | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| TERESA BRAY | IMMEDIATE PA | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| HOWARD BAYLESS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| KAY COCHRAN | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| MONTY DAVIS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| MARC PRESNELL | CHAIR | 0.25 |
Director
|
$0 | $0 | $0 |
| TERRI PRESNELL | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| LYNNE SIMPKINS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| TARA JESSUP | SECRETARY | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| SAM STRAWBRIDGE | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| ROBBIE PEARCE | VICE CHAIR | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,472,354 | $1,628,008 | $11,496,969 | $5,844,346 |
| 2023 | $3,936,447 | $1,395,052 | $5,638,296 | $2,541,395 |
| 2022 | $1,383,216 | $1,077,340 | $3,074,950 | $305,876 |
| 2021 | $1,680,707 | $988,515 | $2,803,538 | $692,192 |
| 2020 | $918,280 | $819,449 | $2,359,441 | $98,831 |
| 2019 | $904,117 | $918,861 | $2,157,845 | $-14,744 |
| 2018 | $833,583 | $845,707 | $2,150,331 | $-12,124 |
Compare PARKER STREET MINISTRIES INC AND SUBSIDIARIES with other nonprofits in Florida and across the country.