Dearborn, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Faith Connections Inc, founded in 2002, is a small nonprofit in the Human Services sector that reported $644K in total revenue in fiscal year 2023.
To provide public guardianship services to developmentally disabled and mentally ill individuals, Many of the clients are indigent and receive Supplemental Social Security.
During 2023 Faith Connections, Inc provided public guardianship services to a total of 769 individuals with developmental disabilities or mental illness. The organization made monthly contact with...
During 2023 Faith Connections, Inc provided public guardianship services to a total of 769 individuals with developmental disabilities or mental illness. The organization made monthly contact with clients for a total of 7713 contacts. During these visits the individuals well being, physical, medical and emotional needs are evaluated. In addition, the organization represented clients at 124 court hearings as guardian. Contacts were combined televisits and in persondue to continued Covid-19.
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 | $644,188 | $658,015 | 0.0% |
| Expenses | $674,047 | $584,361 | +0.2% |
| Net Income | $-29,859 | $73,654 | -1.4% |
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 |
|---|---|---|---|---|---|---|
| Rebecca M Bringman LBSW | Pres/Sec/Exec Dir | 50.00 |
Officer
Director
Key Emp
Highest
|
$64,012 | $0 | $64,012 |
| Gary Deak | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ellen Tendziegloski | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Beverly Carlson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Charles Willis | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $644,188 | $674,047 | $120,765 | $-29,859 |
| 2022 | $658,015 | $584,361 | $150,775 | $73,654 |
| 2021 | $573,146 | $556,049 | $77,951 | $17,097 |
| 2020 | $569,671 | $597,742 | $58,501 | $-28,071 |
| 2019 | $619,983 | $580,370 | $86,305 | $39,613 |
| 2018 | $537,805 | $573,226 | $47,000 | $-35,421 |
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