Friendswood, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Watch Therefore Ministries Inc, founded in 2002, is a community nonprofit in the Religion sector that reported $1.2M in total revenue in fiscal year 2023.
This ministry is committed to reaching the unchurched in our society and around the world. We are training individuals around the world to spread the Gospel of Jesus Christ in their communities. Benevolence is provided in poor communites to demonstrate Gods love.
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 | $1,249,849 | N/A | N/A |
| Expenses | $1,262,427 | N/A | N/A |
| Net Income | $-12,578 | N/A | N/A |
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 |
|---|---|---|---|---|---|---|
| John McTernan | board member | 8.00 |
Director
|
$0 | $0 | $0 |
| David E Halbert | board member | 1.00 |
Director
|
$0 | $0 | $0 |
| Don Schwarz | Executive Director | 40.00 |
Officer
Director
Highest
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,249,849 | $1,262,427 | $151,539 | $-12,578 |
| 2022 | $1,175,025 | $1,265,327 | $164,342 | $-90,302 |
| 2021 | $1,151,988 | $1,154,540 | $254,389 | $-2,552 |
| 2020 | $1,076,827 | $1,040,129 | $257,389 | $36,698 |
| 2019 | $791,955 | $838,138 | $220,431 | $-46,183 |
| 2018 | $836,018 | $755,783 | $266,044 | $80,235 |
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