WOODBURY, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OAK DOOR CORPORATION, founded in 2008, is a micro nonprofit that reported $25K in total revenue in fiscal year 2022. Revenue decreased 16% compared to the prior year. Expenses of $61K exceeded revenue, resulting in a 144% operating deficit.
TO ADVANCE THE EDUCATIONAL AND LITERARY INTERESTS OF ITS MEMBERS, FOR THE PROMOTION OF SOCIAL VIRTUES AMONG THEM AND THE CREATION AND MAINTENANCE OF HIGH STANDARD OF LIFE AND HAPPINESS FOR ITS MEMBERS BY UNITING THEM IN CLOSER BONDS OF FRIENDSHIP AND BROTHERLY UNION, AND THE PERPETUATION OF ITSELF AS A FRATERNAL ORGANIZATION; AND TO AID STUDENTS AT THE UNIVERSITY OF MINNESOTA TWIN CITIES WHO ARE MEMBERS OF, OR WHO ARE PLEDGED TO BECOME MEMBERS OF, THE BETA CHI CHAPTER OF THE PI KAPPA ALPHA FRATERNITY TO ACHIEVE AND MAINTAIN HIGH SCHOLASTIC STANDARDS, TO ADD TO THEIR GENERAL CULTURE AND KNOWLEDGE AND TO THEIR ABILITY AND DESIRE TO COOPERATE WITH, AND WORK IN HARMONY WITH, THEIR FELLOWMEN, TO MAINTAIN THEMSELVES AND TO SET HIGH EDUCATIONAL AND CULTURAL STANDARDS TO BE FOLLOWED DURING AND AFTER THEIR COLLEGE YEARS AND IN SUCH OTHER MANNER AS THE BOARD OF DIRECTORS OF THE CORPORATION MAY DETERMINE.
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 | $24,980 | $29,596 | -0.2% |
| Expenses | $60,941 | $83,208 | -0.3% |
| Net Income | $-35,961 | $-53,612 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| MICHAEL SHERMAN | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXANDER ELLINGSON | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICK PALM | PROJECT MANAGER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $24,980 | $60,941 | No data | $-35,961 |
| 2022 | $29,596 | $83,208 | $463,599 | $-53,612 |
| 2021 | $68,257 | $75,204 | $529,608 | $-6,947 |
| 2020 | $76,428 | $69,181 | $548,133 | $7,247 |
| 2019 | $70,869 | $65,983 | $551,573 | $4,886 |
| 2018 | $33,243 | $70,486 | $556,790 | $-37,243 |
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