Sumas, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOPE FOR KORAH MINISTRIES USA, founded in 2020, is a small nonprofit in the International Affairs sector that reported $212K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.
Hope for Korah Ministries USA seeks to break the cycle of extreme poverty and to offer hope and a future to the most vulnerable children and families living in Korah, Ethiopia by keeping families together and healthy and striving to help each person come to know their inherent worth, meet their full potential, live with dignity, and become self-reliant, bringing long-term sustainable change to the Korah community at large.
Family Empowerment: We seek to help families thrive by offering resources that help families stabilize their health, gain access to educational and vocational training, and strengthen their...
Family Empowerment: We seek to help families thrive by offering resources that help families stabilize their health, gain access to educational and vocational training, and strengthen their relationships with each other and their community. During 2023, 60 families received monthly rent and groceries, 16 families received beds and mattresses, 246 holiday chickens were distributed, 350 children and 56 adults received shoes and socks.
Health and Nutrition: Health stability and nutritional support are critical aspects of helping children, families, and elders to overcome the formidable barriers that living in extreme poverty has...
Health and Nutrition: Health stability and nutritional support are critical aspects of helping children, families, and elders to overcome the formidable barriers that living in extreme poverty has placed in their lives. We have 5 programs that serve health and nutrition needs. 1) The Berta Breakfast Program: provided 550+ children with fortified pancakes and milk before school. 2) The HFK Daycare: 60 preschool children received 2 daily meals and snacks. 3) Youth Programs: 350 children received regular after-school snacks, and 630 children received regular snacks. 4) The Elders' Home: provided 8 elders with leprosy daily support including housing, food, sundries, clothing, medical care, and special outings. 5) Health Services programs: provided 1708+ families access to free medical services and prescriptions, 109 families received annual insurance policies, 9 people received hospital care, 5 people received psychiatric treatment, 102 adults and 521 children dewormed, 98 youth attended health trainings, 506 children received malnutrition screening and 144 chronic or acutely ill, immunity-compromised, prenatal/lactating, or malnourished individuals received ongoing monthly nutritional support.
Business Development: To spur families on towards economic empowerment and independence, HFK facilitates business trainings, Self-Help Group participation and social work support to build community...
Business Development: To spur families on towards economic empowerment and independence, HFK facilitates business trainings, Self-Help Group participation and social work support to build community connections, provide applicable skills & empower families to launch their own initiatives. During 2023, 25 adults developed business/employment plans, 8 adults received business grants, 4 adults attended business trainings, 13 adults received literacy and numeracy trainings, 1 business cooperative was established, 4 savings and credit self-help groups were created.
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 | $212,238 | $231,345 | -0.1% |
| Expenses | $213,722 | $246,642 | -0.1% |
| Net Income | $-1,484 | $-15,297 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| David Pohl | Board President | 5 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Brandsma | Board Treasurer | 3 |
Officer
Director
|
$0 | $0 | $0 |
| Johanna van der Jagt | Board Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Connie Loewen | Board Director | 0.2 |
Director
|
$0 | $0 | $0 |
| David Neill | Board Director | 0.2 |
Director
|
$0 | $0 | $0 |
| Jim Parussini | Board Director | 0.2 |
Director
|
$0 | $0 | $0 |
| Kevin Ardt | Board Director | 0.5 |
Director
|
$0 | $0 | $0 |
| John Ridder | Board Director | 0.2 |
Director
|
$0 | $0 | $0 |
| Tammy Brandsma | Board Director | 0.2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $212,238 | $213,722 | $131,779 | $-1,484 |
| 2022 | $231,345 | $246,642 | $68,757 | $-15,297 |
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