MILLS RIVER, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MILLS RIVER LIFE ENRICHMENT CENTER INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $88K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $107K exceeded revenue, resulting in a 22% operating deficit.
THE MISSION OF THE MILLS RIVER LIFE ENRICHMENT CENTER IS TO MINISTER TO THE MIND, BODY, AND SPIRIT OF SENIORS IN OUR CHURCHES AND COMMUNITY BY ESTABLISHING A CHRISTIAN-BASED COMMUNITY CENTER OFFERING A PLACE FOR FELLOWSHIP, SERVICE AND ENJOYMENT.
EACH WEEK THE MILLS RIVER LIFE ENRICHMENT CENTER PROVIDES A PROGRAM WHICH IS HELD IN THE FELLOWSHIP HALL OF THE MILLS RIVER UNITED METHODIST CHURCH. ALTHOUGH THE WEEKLY EVENTS TAKE PLACE IN THE LOCAL...
EACH WEEK THE MILLS RIVER LIFE ENRICHMENT CENTER PROVIDES A PROGRAM WHICH IS HELD IN THE FELLOWSHIP HALL OF THE MILLS RIVER UNITED METHODIST CHURCH. ALTHOUGH THE WEEKLY EVENTS TAKE PLACE IN THE LOCAL METHODIST CHURCH, THIS OUTREACH MINISTRY IS AN ECUMENICAL MINISTRY TO IMPACT THE ENTIRE COMMUNITY. ALL PROGRAMS ARE CENTERED AROUND THE SOCIALIZATION OF SENIOR CITIZENS. MRLEC OFFERS MEDICAL OPPORTUNITES, OUTREACH MINISTRY OPPORTUNITIES, EDUCATIONAL OPPORTUNITIES WHICH FOCUS ON HEALTHY AGING ALONG WITH PROGRAMS THAT ENCOURAGE LAUGHTER, EXERCISE AND THE JOYS OF LIFE WHICH FEW SENIORS SEEM TO EXPERIENCE BUT DESPERATELY NEED IN THEIR LIVES.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $87,615 | $139,962 | -0.4% |
| Expenses | $106,807 | $90,958 | +0.2% |
| Net Income | $-19,192 | $49,004 | -1.4% |
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 |
|---|---|---|---|---|---|---|
| DEBBIE COMBS | Chairman | 2.00 |
Director
|
$0 | $0 | $0 |
| MARTHA CREMER | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| KENN SEAL | Treasurer | 2.00 |
Director
|
$0 | $0 | $0 |
| ELAINE KIRKPATRICK | ASST TREASURER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $87,615 | $106,807 | $100,882 | $-19,192 |
| 2024 | $139,962 | $90,958 | $119,627 | $49,004 |
| 2023 | $78,502 | $93,823 | $70,623 | $-15,321 |
| 2022 | $102,123 | $87,904 | $85,944 | $14,219 |
| 2021 | $67,260 | $77,437 | $71,725 | $-10,177 |
| 2020 | $57,878 | $67,088 | $91,226 | $-9,210 |
Compare MILLS RIVER LIFE ENRICHMENT CENTER INC with other nonprofits in North Carolina and across the country.