Clovis, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Next Door Ministries, founded in 2021, is a small nonprofit in the Religion sector that reported $385K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $152K, a strong 39% operating margin.
The organization's purpose is to provide resources for men taking the next steps from recovery to a sustainable lifestyle. Our goal is to create a path to success for men struggling with a broken life pattern by providing a Christ-centered transitional living community and developing a blueprint for their redeemed lives that encourages positive steps for rectification in their careers, relationships, finances, and spiritual growth.
The core activities include providing a home environment with a community seeking the same goals, mentorship, development of a wholistic and individually crafted life plan, and engagement in service...
The core activities include providing a home environment with a community seeking the same goals, mentorship, development of a wholistic and individually crafted life plan, and engagement in service within both a church and the community. Main Program Accomplishments in 2023: Finished remodel of the transitional living facilities and continued full scale remodel of sober living facilities to provide clean, safe living environments that encourage self-esteem and pride of "ownership". Program growth with 4 residents at beginning of year to 16 men by the end of the year. Men have graduated from the program and successfully moved with stability on to their next steps in life. Programming continued by providing monthly events, weekly mentoring, weekly Bible studies, and men working in good jobs has proven to foster a productive and healthy community. Staff and volunteer mentoring of program residents continues in a variety of areas including topics such as budgets, family relationships, career development, healthy lifestyles, and more. Internal program evaluations conducted support that program participants are growing in living lives in success, creating good habits of growth in personal, spiritual, financial, relational areas. Further developed a network of local churches and ministries to partner in our ministry programming and this growing network has provided additional community outreach, service opportunities, and provided further mentoring connections for the program residents.
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 | $384,607 | $1,780,803 | -0.8% |
| Expenses | $232,994 | $142,173 | +0.6% |
| Net Income | $151,613 | $1,638,630 | -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 |
|---|---|---|---|---|---|---|
| Michael Nimon | President | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Wathen | Treasurer | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| Vikki Luna | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Zack Follett | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Oscar Rodriguez | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Van Noble | Board Member | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $384,607 | $232,994 | $1,810,546 | $151,613 |
| 2022 | $1,780,803 | $142,173 | $1,658,933 | $1,638,630 |
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