Grand Rapids, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDRY TRAINING GROUP, founded in 2021, is a small nonprofit in the Religion sector that reported $274K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.
To strengthen and support church leaders at every level with biblical and practical training. The Foundry provides a variety of learning communities for pastors, ministry staff, lay leaders, and others in or exploring ministry.
Institute of Ministry Leadership - The Foundry offers seminary-level training on site and packaged in a sustainable rhythm. Our church-centered model focuses on ministry-related outcomes in...
Institute of Ministry Leadership - The Foundry offers seminary-level training on site and packaged in a sustainable rhythm. Our church-centered model focuses on ministry-related outcomes in participants' current ministry context, connecting course learning with the real-life ministry happening in the local church. For FY2023, The Foundry continued the 2-year course cycle in Kalamazoo, MI and in Zeeland, MI and contracted with two new learning communities in Grand Rapids, MI that start at the beginning of FY2023. Cohorts range in size from 10 to 30 participants, drawing from at four to eight different churches each.
Ministry Formation Cohort - The Foundry's ministry formation cohorts focus on equipping leaders for ministry in a way that is church-centered and learns in community. Our ministry formation cohorts...
Ministry Formation Cohort - The Foundry's ministry formation cohorts focus on equipping leaders for ministry in a way that is church-centered and learns in community. Our ministry formation cohorts are for those who are actively serving in some capacity in their church or ministry context, whether as pastors, staff leaders, or lay leaders interested in being further equipped for ministry. This fiscal year, the Foundry offered a learning cohort for 4 months with 5 participants growing in character and skill.
Customized Workshops and Training - The Foundry offers workshops where leaders and congregations can be trained in a variety of areas, including biblical and theological training, spiritual...
Customized Workshops and Training - The Foundry offers workshops where leaders and congregations can be trained in a variety of areas, including biblical and theological training, spiritual formation, and church leadership. This year, The Foundry worked with several churches and ministries to provide them with training on specific topics. These varied in format, with some being weekend workshops, multiple days in one week, or multiple times over the course of several months.
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 | $273,768 | $249,971 | +0.1% |
| Expenses | $285,759 | $259,673 | +0.1% |
| Net Income | $-11,991 | $-9,702 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Branson Parler | Director of Theological Education | 40 |
Officer
Director
|
$57,896 | $20,728 | $94,624 |
| Jeff Fisher | Director of Spiritual Formation | 40 |
Officer
Director
|
$47,974 | $30,650 | $80,874 |
| Sarah Behm | Director of Operations, President | 40 |
Officer
Director
|
$43,680 | $0 | $43,680 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $273,768 | $285,759 | $36,230 | $-11,991 |
| 2023 | $249,971 | $259,673 | $47,093 | $-9,702 |
| 2022 | $237,014 | $237,694 | $58,590 | $-680 |
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