WHITE BEAR LAKE, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEWTRAX INC, founded in 2011, is a community nonprofit in the Human Services sector that reported $6.8M in total revenue in fiscal year 2024. Expenses of $6.3M left a modest 7% surplus.
THE PRIMARY OBJECTIVES ARE TO: (I) ENSURE SAFE, ACCESSIBLE, AND RELIABLE TRANSPORTATION TO OVER 750 CLIENTS OF MERRICK, INC., PAI, AND OTHER PARTNER ORGANIZATIONS; (II) MAXIMIZE OPERATIONAL EFFICIENCIES TO REDUCE EXPENSES AND STABILIZE SERVICES IN ANTICIPATION OF LESS GOVERNMENT REIMBURSEMENT; (III) DEVELOP STRATEGIC COLLABORATIONS THAT INCREASE THE POTENTIAL OF EACH ORGANIZATION TO DELIVER SERVICES TO THEIR RESPECTIVE CLIENTS; AND (IV) CONTRIBUTE TO THE OVERALL HEALTH AND WELL BEING OF OUR COMMUNITIES BY REDUCING THE NUMBER OF VEHICLES CONGESTING ROADS AND VEHICLE EMISSIONS.
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 | $6,750,170 | $6,885,260 | 0.0% |
| Expenses | $6,263,041 | $5,735,212 | +0.1% |
| Net Income | $487,129 | $1,150,048 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| JOHN WAYNE BARKER | VICE-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL MINER | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CLIFF HANSON | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAUREEN MCGARRY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MIKE GREENBAUM | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$142,140 | $17,576 | $159,716 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,750,170 | $6,263,041 | $5,417,552 | $487,129 |
| 2024 | No data | No data | No data | No data |
| 2023 | $4,853,465 | $5,188,994 | $2,634,701 | $-335,529 |
| 2022 | $4,771,410 | $4,775,601 | $2,612,378 | $-4,191 |
| 2021 | $4,881,749 | $4,243,825 | $2,882,206 | $637,924 |
| 2020 | $3,823,993 | $3,950,431 | $2,635,508 | $-126,438 |
| 2019 | $3,943,654 | $3,896,612 | $2,779,722 | $47,042 |
| 2018 | $3,561,832 | $3,598,645 | $2,262,030 | $-36,813 |
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