PORTSMOUTH, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE LORE FAMILY MINISTRIES INC, founded in 2021, is a small nonprofit in the Religion sector that reported $338K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.
TO SHARE, PREACH, SING AND TEACH THE GOSPEL, LOCALLY, REGIONALLY, NATIONALLY AND ABROAD. TO HELP DEVELOP BELIEVERS, SEEK CONVERTS AND WORSHIP OUR CREATOR GOD. EVANGELISM AND EDIFICATION OF BELIEVERS IS OUR AIM. THIS COULD INCLUDE ASSISTANCE TO OTHER EVANGELISTIC MINISTRIES AND TO FOLLOW BIBLICAL PRINCIPLES TO HELP THE NEEDY IN FURTHERANCE OF THE GOSPEL.
CONDUCT SINGLE OR A SERIES OF EVANGELISTIC MEETINGS, CHURCH SERVICES, SINGING EVENTS, REVIVALS, AND OTHER OUTREACH OPPORTUNITIES TO SPREAD THE GOSPEL OF JESUS CHRIST TO WHEREVER HE (CHRIST) LEADS...
CONDUCT SINGLE OR A SERIES OF EVANGELISTIC MEETINGS, CHURCH SERVICES, SINGING EVENTS, REVIVALS, AND OTHER OUTREACH OPPORTUNITIES TO SPREAD THE GOSPEL OF JESUS CHRIST TO WHEREVER HE (CHRIST) LEADS. ROMANS 10:13. PARTICIPATED IN 162 SERVICES WHILE WITNESSING SALVATION EXPERIENCES AT VARIOUS MEETINGS WITH MANY OTHERS DEDICATING THEIR LIVES TO CHRIST. TRAVELED TO 16 STATES AND IN ADDITION TO SINGING EVENTS, PREACHED THE GOSPEL IN 40 SERVICES. THESE MEETINGS INCLUDED REVIVALS, CAMP MEETINGS AND DEDICATED CONFERENCES SUCH AS UNDIVIDED FAMILY CONFERENCE, REAL WOMEN RETREAT, TRUE PURPOSE GIRLS CONFERENCE, AND THE RESET PASTOR/SPOUSE RETREAT. PRODUCE PERIODIC NEWSLETTERS AND SEND TO THOSE THAT HAVE INDICATED A DESIRE TO RECEIVE UPDATES ABOUT THE MINISTRY. SUPPORT AND PROMOTE SIMILAR FAITH BASED MINISTRIES IN THEIR MISSION.
CREATE AND PRODUCE AUDIO AND VIDEO RECORDINGS OF SERMONS, MUSIC AND SERVICES OR EVENTS. THE ORGANIZATION SELLS RECORDED CDS AND/OR DVDS CREATED BY THE GROUP THROUGH DIRECT SALES THROUGH THE WEBSITE...
CREATE AND PRODUCE AUDIO AND VIDEO RECORDINGS OF SERMONS, MUSIC AND SERVICES OR EVENTS. THE ORGANIZATION SELLS RECORDED CDS AND/OR DVDS CREATED BY THE GROUP THROUGH DIRECT SALES THROUGH THE WEBSITE OR BY SETTING UP PRODUCT TABLES AT THE VARIOUS EVENTS WHERE THE GROUP IS CONDUCTING SERVICES OR PERFORMING A CONCERT. RELEASED THEIR MUSIC VIDEO "YOU LOVE, I'LL JUDGE" AS WELL AS "THE LORE FAMILY CHRISTMAS" IN 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 | $338,092 | $311,290 | +0.1% |
| Expenses | $352,772 | $342,453 | +0.0% |
| Net Income | $-14,680 | $-31,163 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| DARREN W LORE | PRESIDENT | 35.00 |
Officer
Director
|
$65,913 | $0 | $65,913 |
| DARREN S LORE | VICE PRESIDE | 25.00 |
Officer
Director
|
$25,100 | $0 | $25,100 |
| FAYTH D WHISNANT | SECRETARY/TR | 25.00 |
Officer
Director
|
$29,243 | $0 | $29,243 |
| CALVIN RAY EVANS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BAER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TIMOTHY ELDRIDGE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOMMY BROWN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $338,092 | $352,772 | $51,643 | $-14,680 |
| 2022 | $311,290 | $342,453 | $82,481 | $-31,163 |
| 2021 | $232,377 | $226,333 | $59,728 | $6,044 |
Compare THE LORE FAMILY MINISTRIES INC with other nonprofits in Ohio and across the country.