BELLE GLADE, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE GLADES INITIATIVE INC, founded in 2002, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.
The mission of The Glades Initiative is to improve the coordination and effectiveness of the health and human service delivery system in the Glades area of Palm Beach County.
The work of the Glades Initiative targets both service providers and residents of the Glades communities by investigating service delivery barriers to health and human services, developing strategies...
The work of the Glades Initiative targets both service providers and residents of the Glades communities by investigating service delivery barriers to health and human services, developing strategies to overcome those obstacles and implementing effective strategies. Some of our services target providers through increased collaboration and communication, such as culturally appropriate trainings, medical interpreter training, networking meetings for identified needs, the Glades Area Resource Guide, Glades Community Updates, a weekly email communication, web-based community calendar and advocacy, while other services benefit residents directly, through our bilingual Community Resource Educators, who assist residents, with limited English, low literacy, and limited or no access to computers in receiving services. Glades Initiative expects to increase access to services and information, reduce the barriers to health and human services, impact more effective service provision, and increase services to residents, resulting in a healthier more productive community. For more detailed program information see attached Schedule O.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,618,915 | $2,819,229 | -0.1% |
| Expenses | $2,588,201 | $2,474,389 | +0.0% |
| Net Income | $30,714 | $344,840 | -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 |
|---|---|---|---|---|---|---|
| Karis Engle | CEO / President | 45.00 |
Officer
Key Emp
|
$203,636 | $22,509 | $226,145 |
| Joe Kyles Sr | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Irene Figueroa | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jim Springer | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tamara Starks | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Laura Barry | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Humberto Gonzalez | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Swindler | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard Abedon Esq | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,618,915 | $2,588,201 | $4,333,925 | $30,714 |
| 2024 | $2,819,229 | $2,474,389 | $4,248,954 | $344,840 |
| 2023 | $2,487,031 | $2,021,457 | $3,874,142 | $465,574 |
| 2022 | $2,182,822 | $1,641,913 | $3,397,973 | $540,909 |
| 2021 | $2,314,051 | $1,931,807 | $2,852,628 | $382,244 |
| 2020 | $2,537,996 | $1,669,409 | $2,496,227 | $868,587 |
| 2019 | $1,036,581 | $860,873 | $1,612,551 | $175,708 |
| 2018 | $1,481,473 | $871,155 | $1,410,329 | $610,318 |
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