Bismarck, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Banquet, founded in 2019, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $320K exceeded revenue, resulting in a 28% operating deficit.
The Banquet is a multi-generational, family-friendly ministry, that feeds the body, mind, and soul. We seek to provide a place where all are welcome to share and enjoy a free meal together. We are geared toward serving:-Low income individuals and families-Senior citizens-Single parents and their children-Hurting and broken people-The homeless-Those seeking fellowship-All are welcomeThe Banquet endeavors to work with local churches and organizations to serve people of all denominations and all walks of life. In addition to a warm meal in a loving atmosphere, multiple Christian organizations offer pastoral care if desired. We also offer referrals to community-based services for financial, social, and physical well-being.
In 2023, with the help of 2,200 volunteers, the Banquet served 76,000 guests.We seek to provide a place where all are welcome to share and enjoy a meal together. We endeavor to work with local...
In 2023, with the help of 2,200 volunteers, the Banquet served 76,000 guests.We seek to provide a place where all are welcome to share and enjoy a meal together. We endeavor to work with local churches and organizations to serve people of all denominations and all walks of life. We provide free meals in a loving atmosphere, pastoral care, referrals to community-based services for financial, social, and physical well-being. Meals are served Monday through Friday from 5:30 pm to 7:00 pm and on Saturday and Sunday from 12:00 noon to 1:00 pm. The Banquet is dependent on volunteer groups and individuals to operate our meal outreach.In order to meet the increased need in the community and operate more efficiently, the Banquet merged with Dream Center Bismarck and moved all programing and operations to the successor nonprofit as of September 30, 2023.
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 | $249,142 | $507,430 | -0.5% |
| Expenses | $319,996 | $361,896 | -0.1% |
| Net Income | $-70,854 | $145,534 | -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 |
|---|---|---|---|---|---|---|
| Jim Barnhardt | President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lisa Chaffee | Treasurer | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Chad Hasche | Secretary | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Baltzer | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Terri Benson Holmstrom | Board Member | 0.10 |
Director
|
$0 | $0 | $0 |
| Charles Cayce Chapman | Board Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Karla Eisenbeisz | Executive Director | 40.00 |
Officer
|
$26,923 | $1,455 | $28,378 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $249,142 | $319,996 | No data | $-70,854 |
| 2022 | $507,430 | $361,896 | $423,429 | $145,534 |
| 2021 | $478,811 | $251,672 | $277,243 | $227,139 |
| 2020 | $1,331,735 | $1,346,291 | $40,994 | $-14,556 |
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