Detroit, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Detroit Rescue Mission Ministries, founded in 1909, is a mid-sized nonprofit in the Mental Health sector that reported $17.5M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $20.3M exceeded revenue, resulting in a 16% operating deficit.
Provided PERMANENT SUPPORTIVE HOUSING, through Cornerstone, 100+ chronically homeless men held back by a range of disabilities - physical, developmental, cognitive, mental illness and addiction. They...
Provided PERMANENT SUPPORTIVE HOUSING, through Cornerstone, 100+ chronically homeless men held back by a range of disabilities - physical, developmental, cognitive, mental illness and addiction. They can stay as long as they need or until they are able to move to other housing of their choice. Based on their personal plan (which is designed to help them maintain income, needed services and housing), the following services were provided: mental health, medical and dental care, and substance abuse treatment and recovery services. We helped people find employment, access mainstream income resources and helped them move to community- based, independent housing. Working Families, Working Homes is another PSH program which provided homes in residential neighborhoods to households headed by adults who were homeless despite the fact they were employed. That program enables the families to live in a private home until they locate independent permanent housing or move.
More than 2,200 men, women and children from Wayne and St. Clair Counties were provided EMERGENCY FOOD & SHELTER. 3 daily meals are provided 365 days per year. Shelter services included warming...
More than 2,200 men, women and children from Wayne and St. Clair Counties were provided EMERGENCY FOOD & SHELTER. 3 daily meals are provided 365 days per year. Shelter services included warming centers during extreme cold or heat, case management, social and emotional support, clothing, showers, referral to behavioral health treatment, and housing placement assistance.
Citizens re-entering the community from jail or prison were provided TRANSITIONAL SUPPORTIVE HOUSING. The target populations for this program are men and women who are either leaving a Michigan...
Citizens re-entering the community from jail or prison were provided TRANSITIONAL SUPPORTIVE HOUSING. The target populations for this program are men and women who are either leaving a Michigan Department of Corrections facility or the Wayne County Jail and are currently unhoused. In collaboration with Health Management Systems of America and Michigan Prisoner Reentry Initiative, we help these returning citizens transition to housing and employment so they can successfully remain out of jail or prison going forward.In FY2022, this program has served 100+ guests, 70% of those successfully completed the program. The program houses up to 60+ men and up to 10 women. All guests are helped with employment, housing, medical and mental health and other needs. Aside from providing food and shelter, DRMM staff assist guests with the tools necessary to empower them to obtain employment and independent housing.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $17,499,088 | $18,566,044 | -0.1% |
| Expenses | $20,258,585 | $17,366,862 | +0.2% |
| Net Income | $-2,759,497 | $1,199,182 | -3.3% |
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 |
|---|---|---|---|---|---|---|
| DrChad Audi | President | 40.00 |
Key Emp
|
$230,283 | $0 | $230,283 |
| Japheth Agboka | Program Manager | 40.00 |
Highest
|
$120,472 | $0 | $120,472 |
| Darlene Ownes | Vice President of Treatment | 0.00 |
Highest
|
$114,737 | $0 | $114,737 |
| Barbara Willis | COO | 40.00 |
Key Emp
|
$109,644 | $0 | $109,644 |
| Martha G Scott | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert R Vallance | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Frank Taylor | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Willie Perkins | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Pamela Dover | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Brenda Jones | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bettye Misuraca | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Teola Hunter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Randall A Pentiuk | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $17,499,088 | $20,258,585 | $20,889,417 | $-2,759,497 |
| 2023 | $18,566,044 | $17,366,862 | $27,203,195 | $1,199,182 |
| 2022 | $20,472,272 | $20,206,536 | $23,269,599 | $265,736 |
| 2021 | $23,214,196 | $19,144,448 | $23,068,390 | $4,069,748 |
| 2020 | $17,709,545 | $16,774,611 | $20,466,968 | $934,934 |
| 2019 | $17,808,965 | $18,982,088 | $18,994,156 | $-1,173,123 |
| 2018 | $22,457,048 | $22,437,736 | $20,360,785 | $19,312 |
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