WESTERLY, RI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESTERLY AREA REST MEALS (WARM) INC, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2023.
THE MISSION OF THE WARM CENTER IS TO PROVIDE A CONTINUUM OF CARE AND SERVICE TO THE HOMELESS AND NEEDY BY PROVIDING AFFORDABLE HOUSING AND ASSURING SUPPORTIVE SERVICES, AND TO HELP THE HOMELESS AND NEEDY BUILD SELF-ESTEEM AND MOVE TOWARD INDEPENDENT AND RESPONSIBLE LIVING.
SHELTER PROGRAM - WARM ACQUIRED WELCOME HOUSE OF SOUTH COUNTY'S EMERGENCY SHELTER IN 2022. THE EMERGENCY SHELTER PROGRAMS (FOR SINGLE INDIVIDUALS) HOUSED 179 INDIVIDUALS DURING THIS FISCAL YEAR FOR A...
SHELTER PROGRAM - WARM ACQUIRED WELCOME HOUSE OF SOUTH COUNTY'S EMERGENCY SHELTER IN 2022. THE EMERGENCY SHELTER PROGRAMS (FOR SINGLE INDIVIDUALS) HOUSED 179 INDIVIDUALS DURING THIS FISCAL YEAR FOR A TOTAL OF 11,988 BED NIGHTS. OF THOSE INDIVIDUALS, 31 EXITED TO A PERMANENT HOUSING DESTINATION, 106 EXITED TO A TEMPORARY DESTINATION , AND 13 EXITED TO OTHER DESTINATIONS. AN ADDITIONAL 63 INDIVIDUALS WERE ASSISTED THROUGH WITH EMERGENCY WINTER OVERFLOW SHELTER.
HARVEST HOMES - IN FISCAL YEAR 2024, THE HARVEST HOMES PROGRAM PROVIDED HOUSING FOR 10 HOMELESS FAMILIES CONSISTING OF 15 ADULTS AND 22 CHILDREN. WITHOUT THE RESOURCES OF HARVEST HOMES, THESE...
HARVEST HOMES - IN FISCAL YEAR 2024, THE HARVEST HOMES PROGRAM PROVIDED HOUSING FOR 10 HOMELESS FAMILIES CONSISTING OF 15 ADULTS AND 22 CHILDREN. WITHOUT THE RESOURCES OF HARVEST HOMES, THESE FAMILIES AND INDIVIDUALS MAY HAVE BEEN HOMELESS AND IN SHELTER. OF THOSE FAMILIES THAT EXITED THE PROGRAM, 8 FAMILIES EXITED TO A POSITIVE HOUSING DESTINATION AND 2 FAMILIES EXITED TO A TEMPORARY HOUSING DESTINATION.
COMMUNITY OUTREACH - THE COMMUNITY CRITICAL NEEDS PROGRAM ASSISTED 449 (INCLUDING 207 CHILDREN) MAINTAIN HOUSING THROUGH CASE MANAGEMENT AND FINANCIAL ASSISTANCE TO SUPPORT BASIC NEEDS. THESE...
COMMUNITY OUTREACH - THE COMMUNITY CRITICAL NEEDS PROGRAM ASSISTED 449 (INCLUDING 207 CHILDREN) MAINTAIN HOUSING THROUGH CASE MANAGEMENT AND FINANCIAL ASSISTANCE TO SUPPORT BASIC NEEDS. THESE EXPENSES INCLUDE PRESCRIPTION MEDICINE, UTILITIES, TRANSPORTATION COSTS, AND RENT. THESE "SMALL" UNEXPECTED EXPENSES ADD UP AND PUT CAN PUT UNSTABLE, SINGLE-INCOME HOMES AT RISK FOR HOMELESSNESS.
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 | $2,456,483 | $2,519,497 | 0.0% |
| Expenses | $2,643,939 | $2,355,099 | +0.1% |
| Net Income | $-187,456 | $164,398 | -2.1% |
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 |
|---|---|---|---|---|---|---|
| PAULA BROUILLETTE | SECRETARY | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMMIE SIMAO | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL BONTEMPO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ALAN MARTONE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PETER SLOM | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIM MOYNIHAN GIACHELLO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN OWREN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| NICOLE PALIOTTI | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH TURNER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| THERESA SMITH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JEROME RAY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN CILLINO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE NOWELL | VICE-PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| HEATHER TURCOTTE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARY NASI-GRAHAM | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MATT ROMAN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BETH COOKE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JILLIAN WASSMER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RUSSELL PARTRIDGE | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$113,885 | $25,596 | $139,481 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,456,483 | $2,643,939 | $2,680,380 | $-187,456 |
| 2023 | $2,519,497 | $2,355,099 | $2,865,569 | $164,398 |
| 2022 | $1,562,274 | $1,644,908 | $2,705,799 | $-82,634 |
| 2021 | $1,698,741 | $1,366,310 | $2,373,354 | $332,431 |
| 2020 | $1,331,240 | $1,296,277 | $2,153,622 | $34,963 |
| 2019 | $1,132,388 | $1,167,975 | $1,992,101 | $-35,587 |
| 2018 | $1,124,379 | $1,217,832 | $2,039,623 | $-93,453 |
Compare WESTERLY AREA REST MEALS (WARM) INC with other nonprofits in Rhode Island and across the country.