The Neighborhood Hub

EIN: 261265337 501(c)(3) Human Services

Minneapolis, MN

Total Revenue
$52,568
Total Expenses
$74,810
Total Assets
$2,276
Net Assets
$1,896
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MN
Principal Officer
Kimberley Washington
Phone
6125220942
Tax Period
2020-01-01 to 2020-12-31

The Neighborhood Hub, founded in 2007, is a micro nonprofit in the Human Services sector that reported $53K in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year. Expenses of $75K exceeded revenue, resulting in a 42% operating deficit.

Mission

At The Neighborhood Hub our mission is to be a beacon of holistic transformation that fosters a healthy African American community through competent navigation services, leadership development and advocacy.

Program Service Accomplishments

Program 1
Expenses: $53,958 Revenue: $100

The Hub provides direct services, information about community resources & training opportunities, advocacy and referral services to approximately 2,000 individuals each year. Navigators served over...

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The Hub provides direct services, information about community resources & training opportunities, advocacy and referral services to approximately 2,000 individuals each year. Navigators served over 500 families this year by receiving personalized case management on topics such as housing, unemployment, access to transportation, securing financial assistance, accessing health care and legal advocacy.

Program 2
Expenses: $3,444

The Hub continues to make impact on the community by providing programming through our healthy life initiatives. We received funding from the City of Minneapolis to spearhead initiatives such a...

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The Hub continues to make impact on the community by providing programming through our healthy life initiatives. We received funding from the City of Minneapolis to spearhead initiatives such a Rethink Your Drink youth coalition and the Lead Project. The Rethink your Drink team conducts community outreach to raise awareness around the dangers of choosing sugary drinks. While the Lead Team canvasses the neighborhoods conducting one on one visits to provide critical information about health hazardous in the home. The targeted health hazard being lead and how the find resource to abate the issue. We also conduct workshops and provide community engagement on several topics that affect our community's health and wellness.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $52,468
Program Service Revenue $100
Investment Income $0
Other Revenue $0
TOTAL REVENUE $52,568

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,182
Fundraising Expenses $1,580
Program Expenses $57,402
Other Expenses $59,628
TOTAL EXPENSES $74,810

Year-over-Year Comparison

2020 2019 Change
Revenue $52,568 $57,134 -0.1%
Expenses $74,810 $179,359 -0.6%
Net Income $-22,242 $-122,225 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
2
Volunteers
5

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$11,464
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vivian Nelsen Jenkins Board Chair 1.00
Officer Director
$0 $0 $0
Layre Pohlman Vice Chair 1.00
Officer Director
$0 $0 $0
Katherine Parent Secretary 1.00
Officer Director
$0 $0 $0
Cassandra Silvia Member At Large 1.00
Director
$0 $0 $0
Kimberley Washington Executive Director 20.00
Officer
$11,464 $0 $11,464
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2020 $52,568 $74,810 $2,276 $-22,242
2019 $57,134 $179,359 $24,138 $-122,225
2018 $372,246 $361,230 $146,363 $11,016
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