Houston, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Magnificat Houses Inc, founded in 1968, is a community nonprofit in the Mental Health sector that reported $3.0M in total revenue in fiscal year 2022. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $4.7M exceeded revenue, resulting in a 55% operating deficit.
Magnificat Houses, Inc. offers a welcoming community where those needing housing, food and mental health programs can grow in stability, productivity and independence.
The Organization works to rebuild lives in a stable family atmosphere where residents live, work and play together. Altogether, our 16 safe, dignified neighborhood homes house up to 132 men and...
The Organization works to rebuild lives in a stable family atmosphere where residents live, work and play together. Altogether, our 16 safe, dignified neighborhood homes house up to 132 men and women. Through participation in our community and our programs, residents work toward stability and, if possible, full independence. The Organization provides emergency residences for 1 to 90 nights, permanent supportive homes and single occupancy units. Residents share household chores and responsibilities, respect one another's traditions, celebrate holidays and birthdays together, and participate in day trips.
Loaves & Fishes is a large soup kitchen in downtown Houston where 200 to 300 of Houston's chronically hungry gather six days a week for nutritious, hot, home-cooked lunches prepared by our staff and...
Loaves & Fishes is a large soup kitchen in downtown Houston where 200 to 300 of Houston's chronically hungry gather six days a week for nutritious, hot, home-cooked lunches prepared by our staff and served by volunteers.
We offer uplifting, empowering programs for those with mental health diagnoses through St. Joseph Clubhouse (located in Midtown Houston) which is SAMHSA approved and certified by the International...
We offer uplifting, empowering programs for those with mental health diagnoses through St. Joseph Clubhouse (located in Midtown Houston) which is SAMHSA approved and certified by the International Center for Clubhouse Development (ICCD). In the community we build, our members participate fully in daily operations and decision making and demonstrate that mental illness need not carry a stigma - that, given the tools, people with mental health concerns can be productive members of society with much to offer.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $3,031,079 | $2,431,488 | +0.2% |
| Expenses | $4,707,588 | $2,879,433 | +0.6% |
| Net Income | $-1,676,509 | $-447,945 | +2.7% |
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 |
|---|---|---|---|---|---|---|
| Bobby Knight | Chairman | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kimberly Dennison | Vice Chairman | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Abigail Gunderson | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bart McAndrews | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mitch Ackal III | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JoAnna Bruce | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Wendy Clark | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Martin Doublesin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ken Hertel | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Scott Hickey | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Clay Jeansonne | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Max Montegut | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Zack Witten | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Susanne Young | Director | 15.00 |
Director
|
$0 | $0 | $0 |
| Victor Hay | Executive Director (from 9/6/2022) | 40.00 |
Officer
|
$37,898 | $0 | $37,898 |
| Michael Sisolak | Director of Finance | 40.00 |
Officer
|
$60,000 | $0 | $60,000 |
| John Boyles | Executive Director (to 6/3/2022) | 40.00 |
Officer
|
$42,821 | $0 | $42,821 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $3,031,079 | $4,707,588 | $7,311,390 | $-1,676,509 |
| 2022 | $2,431,488 | $2,879,433 | $4,452,560 | $-447,945 |
| 2021 | $2,542,729 | $2,535,106 | $4,955,982 | $7,623 |
| 2020 | $2,120,337 | $2,506,240 | $5,002,706 | $-385,903 |
| 2019 | $3,305,759 | $3,440,022 | $5,271,240 | $-134,263 |
| 2019 | $3,305,759 | $3,440,022 | $5,269,338 | $-134,263 |
| 2018 | $2,741,143 | $2,130,324 | $5,384,044 | $610,819 |
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