Gainesville, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)POWER AND AUTHORITY MINISTRIES, founded in 2017, is a small nonprofit in the Religion sector that reported $204K in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year.
Ephesians 4:11-13: 11 So Christ himself gave the apostles, the prophets, the evangelists, the pastors and teachers, 12 to equip his people for works of service, so that the body of Christ may be built up 13 until we all reach unity in the faith and in the knowledge of the Son of God and become mature, attaining to the whole measure of the fullness of Christ. Our purpose is to educate, assist and equip believers in Jesus Christ so that they would become more mature in their faith. We currently meet in small groups to fulfill this calling and plan to advance to a larger scale once exempt status is obtained. We are currently holding small group education classes open to all Christian believers. Some examples of our available classes are: "The Fruit of the Spirit", "Knowing Who You Are in Christ", "Signs and Wonders", "Healing", "Walking in Love", "Affecting the Marketplace", "The Power of Prayer". Our vision is to continue to do all of this and more but on a much larger scale
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $203,591 | $219,896 | -0.1% |
| Expenses | $218,145 | $191,162 | +0.1% |
| Net Income | $-14,554 | $28,734 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Connie Lancaster | Secretary | 10.00 |
Officer
|
$13,279 | $0 | $13,279 |
| Michael Barker | Director | 5.00 |
Director
|
$1,000 | $0 | $1,000 |
| Pastor Eric Johnson | President | 40.00 |
Officer
Director
Highest
|
$48,816 | $0 | $48,816 |
| William Whitney | Treasurer | 5.00 |
Director
|
$1,000 | $0 | $1,000 |
| John Lancaster | Director | 10.00 |
Director
|
$1,000 | $0 | $1,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $203,591 | $218,145 | $3,729 | $-14,554 |
| 2021 | $219,896 | $191,162 | $40,972 | $28,734 |
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