MIDLAND, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SERVE MIDLAND INC, founded in 2020, is a small nonprofit in the Recreation & Sports sector that reported $127K in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $117K left a modest 8% surplus.
Serve MIDLAND CONDUCTS a charity tennis tournament that hosts both men and women tennis teams from all ratings to participate in a two-day event. The players tournament is then followed on the second day with an exhibition match from tennis professionals and an evening celebration for sponsors, players, and attendees. Sponsorships/teams/and individual tickets are raised through the fall/winter and then used to put on the Serve Midland event in April. Raffles and donations are encouraged to increase the revenue, all with the goal of giving a chosen non-profit beneficiary a check for their organization at the event. This is a fun and easy way to pair the spirit of philanthropy with the game of tennis that has become increasingly more popular in Midland. It also provides vital funding for other nonprofits that are consistently doing important work and providing social services for residents of Midland.
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 | $126,849 | $66,283 | +0.9% |
| Expenses | $116,945 | $61,805 | +0.9% |
| Net Income | $9,904 | $4,478 | +1.2% |
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 |
|---|---|---|---|---|---|---|
| COURTNEY MIDKIFF | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTIN RAMIREZ | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BILLIE VAN'T HOF | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MEGAN HOHENBERGER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $126,849 | $116,945 | $40,088 | $9,904 |
| 2022 | $66,283 | $61,805 | $30,184 | $4,478 |
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