Waukegan, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RAQUANS HAVEN INC, founded in 2004, is a small nonprofit that reported $114K in total revenue in fiscal year 2024. The organization ran a surplus of $30K, a strong 26% operating margin.
Raquans Haven is a 501(c)(3) nonprofit organization dedicated to empowering women & single mothers to live safe, and progressive lives. We fulfill this mission by providing transitional and affordable housing, along with the tools and resources necessary for long-term stability and success.
Raquans Haven provides faith-based housing and supportive services to women and families experiencing housing instability. During the 2024 tax year, the organization provided stable housing to 6...
Raquans Haven provides faith-based housing and supportive services to women and families experiencing housing instability. During the 2024 tax year, the organization provided stable housing to 6 families, including 4 single mothers and their children, totaling 12 children served. Additionally, the organization assisted 1 single disabled woman facing homelessness by securing permanent housing. In 2024, the organization expanded its housing capacity by purchasing a new affordable housing unit with the assistance of a partial housing grant and financing from a community lending partner. The objective of this program is to provide immediate safe and stable housing to vulnerable individuals and families. The long-term goal is to reduce homelessness among women and children by increasing access to affordable housing and supportive services that promote long-term stability and independence.
Raquans Haven is developing a transitional housing program to provide short-term housing and stabilization services to women and single mothers facing homelessness. During the 2024 tax year, the...
Raquans Haven is developing a transitional housing program to provide short-term housing and stabilization services to women and single mothers facing homelessness. During the 2024 tax year, the organization continued renovation efforts on its transitional housing property, including maintenance, utilities, insurance, and security-related expenses. The transitional housing program is expected to be completed in 2026 and will provide housing for up to 8 women and single mothers at a time, offering a safe environment and supportive services designed to transition participants into permanent housing. The objective of this program is to expand the organizations capacity to serve women in crisis. The long-term goal is to provide structured transitional housing that supports stability, self-sufficiency, and successful long-term housing outcomes.
Raquans Haven provides resource assistance and mentorship to young women experiencing hardship. During the 2024 tax year, the organization distributed $1,668 in financial assistance grants to support...
Raquans Haven provides resource assistance and mentorship to young women experiencing hardship. During the 2024 tax year, the organization distributed $1,668 in financial assistance grants to support immediate needs and reduce financial barriers. In addition, the organization provided mentorship support focused on personal development and financial literacy, equipping participants with tools for budgeting, financial planning, and long-term stability (number of sessions estimated). The organization also began connecting participants to external resources, including community-based services and support networks. The objective of this program is to provide immediate relief while equipping participants with access to resources, guidance, and support systems. The long-term goal is to expand services to include advocacy, job readiness support, referrals, and training opportunities that promote self-sufficiency, financial independence, and improved life outcomes for women served.
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 | $114,421 | $114,421 | N/A |
| Expenses | $84,752 | $17,272 | +3.9% |
| Net Income | $29,669 | $97,149 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| Takeisha Baker | President | 8.00 |
Officer
|
$0 | $0 | $0 |
| Yvette Wright | Director | 0.02 |
Director
|
$0 | $0 | $0 |
| Tyler Washington | Director | 0.20 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $114,421 | $84,752 | $617,076 | $29,669 |
| 2024 | $114,421 | $84,752 | $624,844 | $29,669 |
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