LOUISVILLE, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROEM SUPPORT MINISTRIES INC, founded in 2003, is a community nonprofit in the International Affairs sector that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 16% operating deficit.
CONNECTING PEOPLE TO THE HOPE AND FREEDOM FOUND IN JESUS. PROEM SUPPORT MINISTRIES WAS FOUNDED IN 2003, IN LOUISVILLE, KENTUCKY TO PROVIDE ADVICE AND DIRECTION ON MAJOR PROJECTS AND NEW PROGRAMS TO PROEM MINISTRIES IN POLAND, AN ORGANIZATION THAT WAS FORMED TO SPREAD THE GOSPEL THROUGHOUT POLAND AND EASTERN EUROPE. WE PROVIDE LOGISTICS FOR VOLUNTEERS, MISSIONARIES, AND INTERNS WHO ARE INTERESTED IN SERVING IN POLAND. WE PROVIDE FINANCIAL SUPPORT BY ACCEPTING DONATIONS FROM INDIVIDUALS, CHURCHES AND FOUNDATIONS. WE PROVIDE ACCOUNTING AND RECORD KEEPING SERVICES. WE FORWARD ALL DONATIONS TO PROEM MINISTRIES IN POLAND AND PROVIDE RECEIPTS TO ALL DONORS. WE ARE THE PRIMARY CONTACT POINT FOR CHURCHES AND INDIVIDUALS WISHING TO BECOME INVOLVED IN THE MINISTRY OF PROEM IN POLAND. PROEM SUPPORT MINISTRIES CREATES COMMUNICATION PLATFORMS (WEBSITE, PRINT MATERIALS, E-NEWSLETTERS) FOR OUR CONSTITUENTS.
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 | $1,936,602 | $8,361,890 | -0.8% |
| Expenses | $2,248,722 | $5,532,683 | -0.6% |
| Net Income | $-312,120 | $2,829,207 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| STAN FRANCZEK | PRESIDENT | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAUI DWULAT | DIRECTOR/MISSIONARY | 40.00 |
Director
|
$48,000 | $20,832 | $68,832 |
| LANA FRANCZEK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JERRY ITEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK MCKINNEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNETTE PETERS | DIRECTOR | 8.00 |
Director
|
$0 | $0 | $0 |
| WILL ROGERS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BLAKE SHIVELY | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| BRIAN WRIGHT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,936,602 | $2,248,722 | $2,516,638 | $-312,120 |
| 2022 | $8,361,890 | $5,532,683 | $2,832,069 | $2,829,207 |
| 2021 | $2,659,855 | $2,285,966 | $1,122,442 | $373,889 |
| 2020 | $1,845,579 | $1,668,061 | $866,312 | $177,518 |
| 2019 | $1,334,241 | $1,826,877 | $800,246 | $-492,636 |
| 2018 | $3,494,411 | $3,217,974 | $576,933 | $276,437 |
Compare PROEM SUPPORT MINISTRIES INC with other nonprofits in Kentucky and across the country.