MIDLAND, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MIDLAND'S OPEN DOOR, founded in 1975, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $536K, a strong 21% operating margin.
MIDLAND'S OPEN DOOR (MOD) OPERATES TWO CRISIS SHELTERS, ONE FOR WOMEN AND CHILDREN AND ONE FOR MEN. MOD'S PROGRAMS ARE DESIGNED TO MEET THE IMMEDIATE NEEDS OF HOMELESS INDIVIDUALS BY PROVIDING A SAFE AND LOVING ENVIRONMENT WHERE EACH PERSON WILL HAVE THE SPACE, TIME AND RESOURCES NEEDED TO MOVE TOWARDS STABILITY AND INDEPENDENCE. IN ADDITION, MOD ALSO FACILITATES COMMUNITY OUTREACH PROGRAMS THROUGH OUR SOUP KITCHEN AND CLOTHING MINISTRY.
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 | $2,537,062 | $1,567,879 | +0.6% |
| Expenses | $2,000,777 | $1,380,903 | +0.4% |
| Net Income | $536,285 | $186,976 | +1.9% |
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 |
|---|---|---|---|---|---|---|
| RENEE PETTINGER | PRIOR EXEC D | 40.00 |
Officer
|
$72,605 | $5,660 | $78,265 |
| JIM CROSS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM DYSTE | VICE-PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY GREELEY | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB KELCH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HEATHER KRANTZ | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICK PENN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE SCOTT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MATT SMITH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $2,537,062 | $2,000,777 | $5,048,001 | $536,285 |
| 2022 | $1,567,879 | $1,380,903 | $4,190,674 | $186,976 |
| 2021 | $1,561,891 | $1,137,980 | $4,644,269 | $423,911 |
| 2020 | $1,736,429 | $1,393,897 | $4,019,197 | $342,532 |
| 2019 | $1,438,892 | $1,619,290 | $3,460,298 | $-180,398 |
| 2018 | $1,320,614 | $1,319,964 | $3,201,960 | $650 |
Compare MIDLAND'S OPEN DOOR with other nonprofits in Michigan and across the country.