Detroit, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Homeless Action Network of Detroit, founded in 1996, is a community nonprofit in the Human Services sector that reported $8.8M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum.
Our mission is to increase awareness of the problems of people who are homeless and the development and carrying out of strategies to create permanent solutions to homelessness in our community.
HAND provided leadership to address homelessness. This was done by working with community partners to identify, coordinate, and implement strategies designed to create permanent solutions to...
HAND provided leadership to address homelessness. This was done by working with community partners to identify, coordinate, and implement strategies designed to create permanent solutions to homelessness in the Detroit community. HAND also works to promote partnerships and collaboration amongst community partners in order to have a greater impact on the issue of homelessness.
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 | $8,787,756 | $6,410,710 | +0.4% |
| Expenses | $9,081,117 | $8,212,690 | +0.1% |
| Net Income | $-293,361 | $-1,801,980 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| CHIDI NYECHE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JOYCE SUBER | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR KANZONI ASABIGI | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LYNN HALIBURTON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ADAORA EZIKE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA GARDNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAMELA GIRTON-HART | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANITA JACKSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TASHA GRAY | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$0 | $11,305 | $91,134 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $8,787,756 | $9,081,117 | $6,064,231 | $-293,361 |
| 2024 | No data | No data | No data | No data |
| 2023 | $109,597,788 | $109,928,665 | $32,631,494 | $-330,877 |
| 2022 | $159,490,171 | $158,309,868 | $28,034,944 | $1,180,303 |
| 2021 | $19,209,169 | $19,390,307 | $14,379,319 | $-181,138 |
| 2020 | $1,299,703 | $1,051,578 | $1,052,010 | $248,125 |
| 2019 | $969,728 | $901,872 | $736,013 | $67,856 |
| 2018 | $987,009 | $966,331 | $599,336 | $20,678 |
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