Saint Paul, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEXUS COMMUNITY PARTNERS, founded in 2010, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.5M in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $10.5M exceeded revenue, resulting in a 91% operating deficit.
Nexus' mission is to build more engaged and powerful communities by supporting community building initiatives that expand community wealth and foster social and human capital.
Open Road Fund: The Open Road Fund is a community fund that redistributes money to present-day descendants of the Transatlantic Slave Trade to build Black wealth in Minnesota, North Dakota, and South...
Open Road Fund: The Open Road Fund is a community fund that redistributes money to present-day descendants of the Transatlantic Slave Trade to build Black wealth in Minnesota, North Dakota, and South Dakota. We make $50,000 wealth-building gifts to Black individuals to create "tangible pathways to liberation, prosperity, and healing on our own terms." In 2024, we made gifts to 100 individuals and provided individual financial counseling to help recipients achieve their goals. We also provide public webinars on financial topics (financing education, home ownership, and business) and healing led by Black experts and presented through a Black cultural lens.
Leadership: The Leadership work stream includes two programs: Reclaiming Our Own Time (ROOT), and the Boards and Commissions Leadership Institute (BCLI). Reclaiming Our Own Time (ROOT) is a program...
Leadership: The Leadership work stream includes two programs: Reclaiming Our Own Time (ROOT), and the Boards and Commissions Leadership Institute (BCLI). Reclaiming Our Own Time (ROOT) is a program to help BIPOC people embrace rest and restoration as fundamental to social justice work. ROOT's offerings include two sabbatical programs, regular in-person and virtual events, and a monthly curated newsletter containing resources and opportunities. In 2024, we received 1,100+ applications for 10 sabbaticals for BIPOC movement leaders. Each sabbatical fellow received $30,000 to replace income for their three-month rest period, $5,000 for additional healing and wellness services, participation in three gatherings of sabbatical fellows, and ongoing individual coaching. We reached an additional 400+ individuals through related events including sacred spaces, the Reimagining Rest series, and three pop-up events all designed to help people explore the various ways we can experience rest and restoration and to recognize rest as a birthright for all people. The Nexus Boards and Commissions Leadership Institute (BCLI) is a seven-month leadership program that equips BIPOC and other shut-out community members to serve on city, county, metro and state boards and commissions. The 2023-2024 Cohort included 12 fellows who completed 80 hours of training and individual assignments and received stipends of $500 each for their participation. BCLI staff will now help graduates obtain appointments on state and local boards or commissions with the goal of half of graduates receiving appointments within the next 12 months.
Ownership: The Ownership work stream includes two programs: The Shared Ownership Center @ Nexus (SOC@N) and North Star Black Cooperative Fellowship (North Star). SOC@N is a bold effort to change the...
Ownership: The Ownership work stream includes two programs: The Shared Ownership Center @ Nexus (SOC@N) and North Star Black Cooperative Fellowship (North Star). SOC@N is a bold effort to change the face of ownership by promoting shared-ownership business models, including worker cooperatives and real estate investment cooperatives. Through this work, SOC@N supports locally anchored businesses and more equitable working environments that help grow the region's economy. It advances worker ownership by seizing opportunities presented by the wave of retiring business owners in Minnesota and supports community ownership of resources by placing real estate in the hands of those that live and work there with a particular focus on BIPOC ownership. In March 2024, SOC@N launched the St. Paul LOCAL Fund in partnership with the City of St. Paul. Over the next three years, they will redistribute ARP funds to real estate and worker-owned cooperatives in areas of St. Paul hardest-hit by COVID-19. North Star is a seven-month fellowship focused on Black American cooperative economics and the history of Black cooperative economic thought and practice. In our curriculum, we center the wisdom and experience of those who share the ancestry of enslaved Africans in the United States and place value on the legacy of Black collective care. North Star's 2023-2024 cohort included 23 fellows representing 9 innovative cooperatives and collectives. Cohort members received $500 stipends for participation and the opportunity to apply to the North Star Alumni Fund for technical assistance grants for their cooperatives.
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 | $5,509,575 | $54,170,214 | -0.9% |
| Expenses | $10,510,990 | $14,803,884 | -0.3% |
| Net Income | $-5,001,415 | $39,366,330 | -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 |
|---|---|---|---|---|---|---|
| Repa Mekha | President and CEO | 32.00 |
Officer
|
$291,381 | $41,956 | $333,337 |
| Chalonne Faleke | Vice President of Operations | 32 |
Highest
|
$127,744 | $29,301 | $157,045 |
| Danielle Mkali | Senior Director of Community Trust Fund | 32 |
Highest
|
$118,145 | $22,408 | $140,553 |
| Theresa Gardella | Vice President of Programs | 32 |
Highest
|
$130,445 | $7,422 | $137,867 |
| Patience Ferguson | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Niila Hebert | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Amy Morris | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Nasser Mussa | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Funlola Otukoya | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Megan Teare | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Theo Rose | Board Member | 0.5 |
Director
|
$0 | $0 | $0 |
| Carl Crawford | Board Co-Chair | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Voerding | Board Co-Chair | 0.5 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $5,509,575 | $10,510,990 | $46,567,295 | $-5,001,415 |
| 2023 | $54,170,214 | $14,803,884 | $51,545,050 | $39,366,330 |
| 2022 | $3,363,856 | $6,498,107 | $11,964,843 | $-3,134,251 |
| 2021 | $10,294,112 | $3,319,127 | $15,080,839 | $6,974,985 |
| 2020 | $5,531,880 | $2,870,934 | $12,750,678 | $2,660,946 |
Compare NEXUS COMMUNITY PARTNERS with other nonprofits in Minnesota and across the country.