AMARILLO, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIFE CHALLENGE OF AMARILLO INC, founded in 1980, is a small nonprofit that reported $651K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $800K exceeded revenue, resulting in a 23% operating deficit.
TO PROVIDE A PROGRAM FOR THOSE WHO ARE HURTING WITH LIFE-CONTROLLING PROBLEMS. TO SUPPORT, CONDUCT, MAINTAIN, AND ENCOURAGE SELF-DESCIPLINE IN A CHRISTIAN ENVRIONMENT.
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 | $650,750 | $927,122 | -0.3% |
| Expenses | $800,485 | $708,530 | +0.1% |
| Net Income | $-149,735 | $218,592 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| DAVID RUSSELL | PRESIDENT | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENT WOMBLE | SECRETARY | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| GARLAND SELL | TREASURER | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| JERRY DOWNS | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| LONNIE FERRIL | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CORKY HOLLAND | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TY JONES | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| BRET WOMBLE | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TRAVIS BENNETT | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CHRIS BRUCKNER | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| PHIL CORBIN | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| DANIEL SPITLER | EXEC. DIRECTOR | 70.00 |
Officer
Director
|
$55,000 | $0 | $55,000 |
| TRACY SPITLER | DIRECTOR | 50.00 |
Officer
Director
|
$27,000 | $0 | $27,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $650,750 | $800,485 | $1,247,143 | $-149,735 |
| 2022 | $927,122 | $708,530 | $1,418,377 | $218,592 |
| 2021 | $777,478 | $606,858 | $1,234,977 | $170,620 |
| 2020 | $660,756 | $541,494 | $1,094,315 | $119,262 |
| 2019 | $654,019 | $529,763 | $979,537 | $124,256 |
| 2018 | $655,254 | $411,776 | $839,359 | $243,478 |
Compare LIFE CHALLENGE OF AMARILLO INC with other nonprofits in Texas and across the country.