THERESA LIVING CENTER

EIN: 363534647 501(c)(3)

ST PAUL, MN

Total Revenue
$564,064
Total Expenses
$922,549
Total Assets
$685,791
Net Assets
$627,968
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MN
Principal Officer
ANGELA HAYS
Phone
6517745594
Tax Period
2024-01-01 to 2024-12-31

THERESA LIVING CENTER, founded in 1987, is a small nonprofit that reported $564K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $923K exceeded revenue, resulting in a 64% operating deficit.

Mission

"THERESA LIVING CENTERS MISSION IS TO PROVIDE TRANSITIONAL HOUSING IN A RESIDENTIAL SETTING FOR SINGLE WOMEN AND RAPID RE-HOUSING OPPORTUNITIES SINGLE-PARENT FAMILIES WHO ARE STRIVING TO RECLAIM SELF-DIGNITY AND ECONOMIC INDEPENDENCE FOLLOWING A PERIOD OF HOMELESSNESS. THERESA LIVING CENTER PROVIDES FINANCIAL HOUSING SUPPORT AND BASIC-NEEDS SUPPORT SERVICES TO ASSIST OUR CLIENTS IN THEIR QUEST TO ACHIEVE SELF-SUFFICIENCY. WE BELIEVE THAT FAMILIES AND INDIVIDUALS EXPERIENCING HOMELESSNESS HAVE THE STRENGTH TO MAKE POSITIVE LIFE CHANGES TO BECOME SELF-SUFFICIENT. THE GOALS OF OUR 2022-2025 STRATEGIC PLAN THERESA LIVING CENTER PROVIDES QUALITY SERVICES TO WOMEN AND SINGLE PARENT FAMILIES WHO ARE HOMELESS. GOAL A: THERESA LIVING CENTER WILL PREPARE AND IMPLEMENT NEW PROGRAMMING FOR OUR RESIDENTIAL PARTICIPANTS REVOLVING AROUND HEATH, EDUCATION/CAREER, LIFE SKILLS AND FINANCEGOAL B: THERESA LIVING CENTER COLLABORATES WITH COMMUNITY RESOURCES AND PARTNERSHIPS TO MAXIMIZE SERVICES AND ACCOUNT

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $555,227
Program Service Revenue $8,837
Investment Income $0
Other Revenue $0
TOTAL REVENUE $564,064

Expense Breakdown

Grants Paid $225,372
Salaries & Benefits $533,074
Fundraising Expenses $52,192
Program Expenses $763,187
Other Expenses $164,103
TOTAL EXPENSES $922,549

Year-over-Year Comparison

2024 2023 Change
Revenue $564,064 $766,729 -0.3%
Expenses $922,549 $874,281 +0.1%
Net Income $-358,485 $-107,552 +2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
11
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$102,840
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA HAYS EXECUTIVE DI 40.00
Officer
$99,874 $2,966 $102,840
JANE PERSOON BOARD CHAIR 0.50
Officer Director
$0 $0 $0
JULIE ROSE VICE CHAIR 0.50
Officer Director
$0 $0 $0
DENNIS WILLIAMS BOARD TREASU 0.50
Officer Director
$0 $0 $0
LAUREN DWYER SECRETARY 0.50
Officer Director
$0 $0 $0
SR MARY LORENTZ DEVELOPMENT 0.50
Director
$0 $0 $0
DAVE HACKWORTY DEVELOPMENT 0.50
Director
$0 $0 $0
DAVENIA PORTER DEVELOPMENT 0.50
Director
$0 $0 $0
RITA JIRIK DEVELOPMENT 0.50
Director
$0 $0 $0
SOPHIA MADISON GOVERNANCE 0.50
Director
$0 $0 $0
JORDAN HARDY STRATEGIC PL 0.50
Director
$0 $0 $0
ROXY WALKER STRATEGIC PL 0.50
Director
$0 $0 $0
LAUREN CARISCH DEVELOPMENT 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $564,064 $922,549 $685,791 $-358,485
2023 $766,729 $874,281 $1,086,519 $-107,552
2022 $904,956 $843,491 $1,197,710 $61,465
2021 $706,352 $647,143 $1,035,027 $59,209
2020 $612,807 $528,998 $984,910 $83,809
2019 $519,534 $457,053 $850,262 $62,481
2018 $464,501 $419,770 $767,287 $44,731
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