Elgin, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Simple Promise Farms, founded in 2019, is a small nonprofit in the Mental Health sector that reported $360K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.
Cultivating hope, community, and meaningful work for those battling addiction, allowing them to transform their lives and build healthy relationships
SPF is a working farm located in Elgin, TX. Through the hard work of growing and selling vegetables, Simple Promise Farms assists people in recovery in building life skills, finding purpose, and...
SPF is a working farm located in Elgin, TX. Through the hard work of growing and selling vegetables, Simple Promise Farms assists people in recovery in building life skills, finding purpose, and orienting themselves towards service to facilitate long term recovery and personal growth.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $360,356 | $379,783 | -0.1% |
| Expenses | $363,666 | $325,007 | +0.1% |
| Net Income | $-3,310 | $54,776 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| Brandon Guinn | Executive Dir. | 40.00 |
Officer
Director
|
$35,000 | $0 | $35,000 |
| Kevin Sease | Director/Farm Manager | 0.00 |
|
$16,478 | $0 | $16,478 |
| Derek Rowan | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Michele Martin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Chuck Mitchell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rachel Wulbert | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Matt Miranda | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brent Eastman | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Golden | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Shannon Hughes | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tommy Lee | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tommy Saldivar | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mike Sammons | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Bassett | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Lawrence Spain | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Angela Strickland | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $360,356 | $363,666 | $186,530 | $-3,310 |
| 2023 | $379,783 | $325,007 | $193,082 | $54,776 |
| 2022 | $311,190 | $261,238 | $157,799 | $49,952 |
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