Stability First Inc.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 11/30/2020. To update the information in this column, please email:


Stability First is a faithbased initiative born out of the Morgan County Bridges Out of Poverty. We work alongside our neighbors to identify resources and find solutions together. Our programs include transitional housing as well as a circle of services geared toward assisting low income families in increasing financial stability and self-sufficiency. At present there are three aspects to the work of Stability First:

1. The Pike St. Bridge provides residents with safe, transitional housing, helping them get established and preparing them to attain sustainable housing upon exiting the program.

2. The Lynay Center provides services to bring stability into the lives of the under resourced; from basic needs to job and financial coaching.

3. The Magdalene House is a shelter for single women. In addition to housing, the shelter provides multiple services designed to provide residents with all the resources needed to move forward into a stable future.

Contact information

Mailing address:
Stability First Inc.
PO Box 1452
Martinsville, IN 46151


Phone: 765-343-8030


Organization details

EIN: 474429844



Board size: 0


Year founded: 2017

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: No

Member of ECFA since:


Stability First is a non-profit organization established to address multiple issues associated with the alleviation of poverty.

Mission statement

To provide assistance and education to address poverty issues by providing temporary housing and services to primarily low income individuals and families.

Statement of faith

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating98 of 94021 of 160
Fund acquisition rating70 of 94210 of 160
Resource allocation rating83 of 94215 of 160
Asset utilization rating511 of 940100 of 160

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Balance sheet
Receivables, inventories, prepaids$18,390$37,816$300$1,500$0
Short-term investments$1,209$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$303,014$89,589$31,263$12,110$73,021
Long-term investments$0$0$0$0$0
Fixed assets$473,896$488,878$488,878$471,177$486,002
Other long-term assets$0$0$0$0$0
Total long-term assets$473,896$488,878$488,878$471,177$486,002
Total assets$776,910$578,467$520,141$483,287$559,023
Payables and accrued expenses$6,442$5,293$3,880$6,622$7,358
Other current liabilities$0$0$0$0$0
Total current liabilities$6,442$5,293$3,880$6,622$7,358
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$30,000$0$0$0
Total liabilities$6,442$35,293$3,880$6,622$7,358
Net assets20202019201820172016
Without donor restrictions$0$0$0$0$0
With donor restrictions$0$0$0$0$0
Net assets$770,468$543,174$516,261$476,665$551,665
Revenues and expenses
Total contributions$495,751$373,667$205,674$90,973$349,935
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$17$13$42$5$1
Other revenue$62,547$3,896$111,538$86,084$67,594
Total other revenue$62,564$3,909$111,580$86,089$67,595
Total revenue$558,315$377,576$317,254$177,062$417,530
Program services$313,726$350,870$238,395$220,290$86,905
Management and general$17,295$18,483$16,727$30,705$30,393
Total expenses$331,021$369,353$255,122$250,995$117,298
Change in net assets20202019201820172016
Surplus (deficit)$227,294$8,223$62,132($73,933)$300,232
Other changes in net assets$0$0$0$0$0
Total change in net assets$227,294$8,223$62,132($73,933)$300,232


Compensation data for this ministry has not been collected.

Response from ministry

No response has been provided by this ministry.

The information below was provided to MinistryWatch by the ministry itself. It was last updated 11/30/2020. To update the information below, please email:


Program accomplishments


We're looking for individuals, couples and families who would be willing to partner with Stability First to have a greater impact on the ministry, on our community and ultimately on the Kingdom of God. Stability Impact Partners are a group of people who have committed to regular monthly supprt of the ministry at any level. Reliable, predictable monthly support through recurring donations enable us to maintain and grow the ministry.