NEBO, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMON GARMENTS MINISTRY INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $450K in total revenue in fiscal year 2024. Revenue surged 133% from the prior year, signaling strong growth momentum. Expenses of $497K exceeded revenue, resulting in a 10% operating deficit.
WE HAVE BEEN CHOSEN AS SERVANTS OF THE LORD TO SHARE THE GOOD NEWS OF JESUS CHRIST TO THE WORLD AND TO HELP MEET THE MATERIAL NEEDS OF OUR COMMUNITY, NATION, AND WORLD SO THAT THEY MIGHT COME TO KNOW JESUS CHRIST AND HE BE GLORIFIED. OUR GOALS ARE: 1. TO BUILD A RELATIONSHIP, IN LINE WITH GOD'S WILL, WITH OUR CUSTOMERS SO THAT THEY WILL TRUST AND CONFIDE IN US. 2. TO HELP WITH MATERIAL NEEDS SUCH AS CLOTHING, FURNITURE, APPLIANCES AND HOUSEHOLD ITEMS, THEREFORE OPENING DOORS SO THAT THE GOSPEL CAN BE SHARED AND ACCEPTED. 3. TO SERVICE OUR COMMUNITY, SURROUNDING AREAS AND THE WORLD WITH THE SERVICES AND CALLING THAT GOD HAS LAID UPON OUR HEARTS.
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 | $450,451 | $193,142 | +1.3% |
| Expenses | $496,681 | $181,201 | +1.7% |
| Net Income | $-46,230 | $11,941 | -4.9% |
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 |
|---|---|---|---|---|---|---|
| RICHARD A REYNOLDS | PRESIDENT | 40.00 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| HOWARD CROWE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JONATHON PARISH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN TINGLEY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CAROL WATKINS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER WILHITE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CASEY REYNOLDS | SECRETARY | 10.00 |
Officer
|
$0 | $0 | $0 |
| BECKY WILSON | TREASURER | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $450,451 | $496,681 | $311,307 | $-46,230 |
| 2023 | $193,142 | $181,201 | $483,229 | $11,941 |
| 2022 | $267,775 | $266,316 | $473,282 | $1,459 |
| 2021 | $199,451 | $209,044 | $479,242 | $-9,593 |
| 2020 | $130,258 | $128,118 | $496,700 | $2,140 |
| 2019 | $211,498 | $214,219 | $501,766 | $-2,721 |
| 2018 | $199,683 | $206,972 | $514,048 | $-7,289 |
Compare COMMON GARMENTS MINISTRY INC with other nonprofits in Kentucky and across the country.