INDIANAPOLIS, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW HOPE COUNSELING SERVICES INC, founded in 2017, is a small nonprofit in the Mental Health sector that reported $310K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum.
THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO PROVIDE COUNSELING AND OTHER MENTAL HEALTH SERVICES TO INDIVIDUALS, FAMILIES, AND GROUPS IN A MANNER CONSISTENT WITH AND INFLUENCED BY THE CHRISTIAN FAITH.WHILE THE ORGANIZATION OFFERS ITS COUNSELING SERVICES FROM A CHRISTIAN PHILOSOPHY THAT IS ROOTED IN THE EXPRESSION OF THE MISSION OF REDEEMER PRESBYTERIAN CHURCH, THE ORGANIZATION'S SERVICES ARE NOT EXCLUSIVE TO PEOPLE WHO IDENTIFY AS CHRISTIANS. FOR CHRISTIANS, THE ORGANIZATION SEEKS TO HELP PEOPLE LIVE THE ABUNDANT LIFE THAT IT BELIEVES CHRIST'S LIFE, DEATH, AND RESURRECTION AFFORDS TO ALL PEOPLE. FOR THOSE WHO DO NOT IDENTIFY AS CHRISTIANS, THE ORGANIZATION SEEKS TO HELP PEOPLE LIVE AUTHENTICALLY, IN A PLACE OF WHOLEHEARTED LIVING AND HEALTHY RELATIONSHIPS.
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 | $310,014 | $220,258 | +0.4% |
| Expenses | $337,901 | $245,088 | +0.4% |
| Net Income | $-27,887 | $-24,830 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| MATTHEW OVERLEY MD | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK SMITH | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CINDY RAGSDALE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEN REED | PASTOR OF OPERATIONS | 40.00 |
Officer
Director
|
$0 | $85,841 | $136,420 |
| ANDREA HOMOYA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DOUG WILSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF NOTTINGHAM | CLINICAL DIRECTOR | 20.00 |
Officer
|
$0 | $83,656 | $145,130 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $310,014 | $337,901 | $71,904 | $-27,887 |
| 2022 | $220,258 | $245,088 | $97,188 | $-24,830 |
| 2021 | $307,986 | $253,190 | $122,947 | $54,796 |
| 2020 | $262,107 | $242,921 | $66,685 | $19,186 |
| 2019 | $227,112 | $194,841 | $48,106 | $32,271 |
Compare NEW HOPE COUNSELING SERVICES INC with other nonprofits in Indiana and across the country.