Grand Haven, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Union Microfinanza Inc, founded in 2009, is a small nonprofit in the International Affairs sector that reported $205K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 40% operating margin.
The organization is dedicated to improving the condition of impoverished rural communities through innovation and research.
Operates a microfinance program in 32 impoverished Honduras villages. Loan recipients consist of poor small-yield farmers whom we help increase their agricultural capacities. Physical inputs such as...
Operates a microfinance program in 32 impoverished Honduras villages. Loan recipients consist of poor small-yield farmers whom we help increase their agricultural capacities. Physical inputs such as fertilizer and field tools are offered to farmers without credit history or collateral. Clients attend payment and program update meetings every two weeks. In addition the organization purchases coffee directly from these farmers and encourages them to produce high-quality coffee by holding training sessions on farming and processing techniques. We also constructed a coffee processing facility available to local small scale coffee farmers who otherwise sell their coffee unprocessed.
Ensure that the basic needs are being met in poor villages in the La Union Lempira Honduras. The organization coordinates group service projects to address these basic needs. Service group members...
Ensure that the basic needs are being met in poor villages in the La Union Lempira Honduras. The organization coordinates group service projects to address these basic needs. Service group members work alongside employees of the organization and community members to conduct projects such as building latrines installing water filters and constructing ventilated stoves. During the reporting period the organization worked on several projects.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $205,269 | $129,176 | +0.6% |
| Expenses | $122,742 | $90,238 | +0.4% |
| Net Income | $82,527 | $38,938 | +1.1% |
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 |
|---|---|---|---|---|---|---|
| Andrew Boyd | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Doug Heins | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Charles Heins | President | 40.00 |
Officer
Director
Key Emp
|
$14,992 | $0 | $14,992 |
| Heather Farrell | officer | 2.00 |
Officer
|
$0 | $0 | $0 |
| Mike O'Leary | officer | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $205,269 | $122,742 | $463,847 | $82,527 |
| 2024 | $129,176 | $90,238 | $409,409 | $38,938 |
| 2023 | $94,827 | $55,105 | $398,295 | $39,722 |
| 2022 | $91,311 | $67,487 | $263,614 | $23,824 |
| 2021 | $69,795 | $65,808 | $268,395 | $3,987 |
| 2020 | $110,275 | $66,795 | $281,235 | $43,480 |
| 2019 | $105,129 | $82,401 | $252,891 | $22,728 |
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