Colleyville, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)European Initiative, founded in 2006, is a small nonprofit in the Religion sector that reported $1000K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring.
European Initiative exists to ignite a spiritual awakening in Europe. EI mobilizes teams of Christians to partner with European churches and ministries on a variety of short-term mission trips. We serve as a spiritual bridge between continents, and facilitate trips that thrust believers from around the world to the spiritual frontlines of Europe. EI teams focus on one or more of our 5 initiatives: evangelism, humanitarian aid, equipping the church, prayer & worship, and blessing the Jewish people. We believe that as the Body of Christ unites and the Gospel is shared from city to city, a spiritual awakening will take place.
In 2023, European Initiative continued its efforts to proclaim the gospel of Jesus Christ throughout Europe. We mobilized our staff and more than 425 volunteers, both Europeans and Americans, to 20...
In 2023, European Initiative continued its efforts to proclaim the gospel of Jesus Christ throughout Europe. We mobilized our staff and more than 425 volunteers, both Europeans and Americans, to 20 nations. Approximately 60,000 Europeans were reached and more than 550 made decisions for Christ. Most of the volunteers came from 19 different American church and Bible school groups whom EI mobilized to Europe. Additionally, we continued our mission to equip and inspire Europeans partner churches to evangelize and impact their nations.Beginning in January and continuing through the spring, EI staff and volunteers drove cargo vans into Ukraine, delivering tens of thousands of dollars of humanitarian aid, bringing hope to the war-torn nation. Commencing from our base in Budapest, Hungary, we focused much of support in delivering generators to help with Ukraine's compromised power grid. The generators were used to supply electricity and heat in a public school, a foster care facility, and other public use buildings. EI staff and volunteers made multiple trips to Romania, delivering several thousand dollars in food supplies to assist the indigent Roma people. Additionally, from March-April, EI staff and volunteers went into Eastern Turkey several times to serve the survivors in the earthquake zone. In all, EI gave more than $50,000 in humanitarian aid and served more than 5,000 people in the 3 nations.
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 | $999,764 | $1,407,443 | -0.3% |
| Expenses | $1,072,492 | $1,394,293 | -0.2% |
| Net Income | $-72,728 | $13,150 | -6.5% |
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 |
|---|---|---|---|---|---|---|
| Jeffrey Serio | Chairman | 40.00 |
Officer
Director
|
$51,760 | $66,840 | $118,600 |
| Olen Griffing | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Matthew Lankenau | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Knight | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $999,764 | $1,072,492 | $403,055 | $-72,728 |
| 2022 | $1,407,443 | $1,394,293 | $505,329 | $13,150 |
| 2021 | $1,006,745 | $889,582 | $431,025 | $117,163 |
| 2020 | $749,040 | $789,874 | $413,160 | $-40,834 |
| 2019 | $959,356 | $971,056 | $362,159 | $-11,700 |
| 2018 | $749,032 | $789,290 | $383,303 | $-40,258 |
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