Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Gifts for Seniors is a small nonprofit in the Education sector that reported $524K in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion.
Gifts for Seniors provides inclusive programs to alleviate the devastating health impacts of social isolation for over 7,000 older adults annually. Recipients represent 16 cultural and ethnic communities. 100% are low-income or on a fixed budget due to age or disability and 96% identify as having limited social opportunities. Our programs include basic needs (clothing, linens, appliances, medical/household/personal hygiene supplies, mind-sharpening activities, winter gear, etc.), food stability, cards & art, tech devices, social visits, referrals for community supports, and digital literacy education.
Gifts for Seniors provided 16,847 community resource bundles valued at $390,971 during year-round life-affirming social visits. These resources were gifted to over 7,049 socially isolated older...
Gifts for Seniors provided 16,847 community resource bundles valued at $390,971 during year-round life-affirming social visits. These resources were gifted to over 7,049 socially isolated older adults in need. Donations are received from over 200 corporate partners and thousands of individuals passionate about alleviating loneliness and caring for our older adult neighbors. Each gift comes with a handwritten card made by volunteers through the Cards for Seniors initiative with the goal of fostering human connection. Gifts for Seniors meets its social mission by partnering with over 140 aging services partners to inspire joy throughout the community. Our success is not possible without the engagement and support of our amazing fleet of dedicated volunteers who gifted over 2,777 service hours.
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 | $524,002 | $463,683 | +0.1% |
| Expenses | $521,150 | $457,772 | +0.1% |
| Net Income | $2,852 | $5,911 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| Carolyn Deters | Executive Direc | 30.00 |
Officer
|
$48,000 | $0 | $48,000 |
| Stan Ross | Board Chair | 2.00 |
Officer
|
$0 | $0 | $0 |
| Elle Kreutzman | At Large | 0.00 |
Officer
|
$0 | $0 | $0 |
| Anne Pahl | Secretary | 10.00 |
Officer
|
$0 | $0 | $0 |
| Gretchen Olmsheid | Vice Chair | 2.00 |
Officer
|
$0 | $0 | $0 |
| Liz Sands | Treasurer | 2.00 |
Officer
|
$0 | $0 | $0 |
| Andrea Bloom | At Large | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $524,002 | $521,150 | $172,308 | $2,852 |
| 2022 | $463,683 | $457,772 | $192,528 | $5,911 |
| 2021 | $522,841 | $499,077 | $161,617 | $23,764 |
| 2020 | $196,256 | $179,358 | $136,152 | $16,898 |
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