CLEARWATER, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RICHARD PEARSON MINISTRIES INC, founded in 1995, is a small nonprofit in the Religion sector that reported $393K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $530K exceeded revenue, resulting in a 35% operating deficit.
PROCLAIM THE GOSPEL OF JESUS CHRIST
RICHARD PEARSON MINISTRIES, INC. PROVIDES A WEEKLY TV BIBLE TEACHING PROGRAM ON OVER 120 TV STATIONS IN THE USA REACHING APPROXIMATELY 120,000 - 150,000 VIEWERS AT A COST OF $300,000 ANNUALLY. OUR...
RICHARD PEARSON MINISTRIES, INC. PROVIDES A WEEKLY TV BIBLE TEACHING PROGRAM ON OVER 120 TV STATIONS IN THE USA REACHING APPROXIMATELY 120,000 - 150,000 VIEWERS AT A COST OF $300,000 ANNUALLY. OUR MANDATE IS TO UNVEIL AMERICA'S ROLE IN BIBLE PROPHECY, HOW IT RELATES TO CURRENT PROPHETIC EVENTS, AND WHAT WE BELIEVE IS COMING TO THE NATION AND TO THE WORLD AS INTERPRETED BY SCRIPTURE. ADDITIONAL PODCAST TEACHING IS DONE ON YOUTUBE WHICH HAS REACHED OVER 1,000,000 VIEWS AT NO CHARGE. OUR MOBILE APP, OUTSOURCED THROUGH LIGHTCAST HAS REACHED AN ADDITIONAL 700,000 VIEWERS AT A COST OF $15,000 ANNUALLY. LIGHTCAST PROVIDES MOBILE VIEWERSHIP ON ROKU, IOS, APPLE TV AND RUMBLE. VIDEOS ARE ALSO AVAILABLE ON OUR WEB SITE FREE OF CHARGE. WE HAVE SELF-PUBLISHED FOUR BOOKS WHICH ARE AVAILABLE ON AMAZON AND ON OUR WEBSITE VIA SALE OR DONATION.OUR MINISTRY RESPONDS TO QUESTIONS VIA DIRECT MAIL, SOCIAL MEDIA EMAIL, FACEBOOK, INSTAGRAM, X(TWITTER), AND RUMBLE. THE HOST AND FOUNDER OF RICHARD PEARSON MINISTRIES WRITES ALL SCRIPTS AND HOSTS THE TV PROGRAM WHICH IS PRODUCED MOSTLY IN CANADA. KAREN PEARSON CO-HOSTS THE TV AND PODCAST PROGRAMS AND DOES PARTNER CORRESPONDENCE VIA EMAIL AND DIRECT MAIL. NEITHER RICHARD NOR KAREN DRAWS ANY SALARY FOR THEIR WORK. THERE ARE NO OTHER FULLTIME US EMPLOYEES INVOLVED WITH THE MINISTRY, BUT WE DO HAVE PART-TIME CONSULTANTS WHO CONSULT US ON MINISTRY TASKS. OUR CANADIAN MINISTRY, WHICH IS A SEPARATE REGISTERED CHARITY IN CANADA, HAS ONE FULLTIME TECHNICAL ENGINEER AND TWO PART-TIME BOOKKEEPERS. THESE EMPLOYEES ARE PAID DIRECTLY FROM OUR CANADIAN CHARITY, BUT THEIR SKILLS ARE UTILIZED BY THE US CHARITY AT NO CHARGE.
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 | $393,190 | $643,891 | -0.4% |
| Expenses | $529,882 | $522,398 | +0.0% |
| Net Income | $-136,692 | $121,493 | -2.1% |
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 PEARSON | PRESIDENT | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN PEARSON | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| PHILIP DERSTINE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $393,190 | $529,882 | $1,054,297 | $-136,692 |
| 2022 | $643,891 | $522,398 | $158,225 | $121,493 |
| 2021 | $430,784 | $395,867 | $36,731 | $34,917 |
Compare RICHARD PEARSON MINISTRIES INC with other nonprofits in Florida and across the country.