Revitalize Milwaukee Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Phone

4143127531

Tax Period

2024-01-01 to 2024-12-31

Revitalize Milwaukee Inc, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $4.0M exceeded revenue, resulting in a 26% operating deficit.

Mission

Revitalize Milwaukee transforms communities by providing free, critical home repairs and comprehensive services to low-income, veterans, seniors, and people with disabilities. Over the last 21 years we have grown to be the largest provider of services addressing housing needs for low-income homeowners in SE WI and the only one that does it for free

Program Service Accomplishments

Program 1

Expenses: $3,496,940 Revenue: $10,915

Revitalize Milwaukee, Inc. RM preserves affordable housing and transforms neighborhoods in need of critical repairs throughout Milwaukee and Waukesha Counties. Through our Healthy Homes initiative...

Revitalize Milwaukee, Inc. RM preserves affordable housing and transforms neighborhoods in need of critical repairs throughout Milwaukee and Waukesha Counties. Through our Healthy Homes initiative, we address toxins such as lead, reduce asthma triggers and address safety modifications and emergency repairs. In 2024, RM completed 4,439 repairs on 340 homes, benefitting 580 individuals. Of those 4,439 repairs, 1,405 were accessibility modifications, enabling homeowners to remain independent, and 131 were emergency repairs, completed within 48 hours or less. Our work is completed with the help of thousands of volunteer hours. Our homeowners have lived in their homes for an average of 24 years and are at risk of becoming homeless or paying unaffordable costs to live in an assisted living facility. To ensure our homeowners live safely and comfortably in their homes, we partner with over 50 local agencies that provide low-cost services that would otherwise go unattended.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,120,876

Program Service Revenue $10,915

Investment Income $41,562

Other Revenue $-4,225

TOTAL REVENUE $3,169,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $864,776

Fundraising Expenses $227,323

Program Expenses $3,496,940

Other Expenses $3,113,192

TOTAL EXPENSES $3,977,968

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,169,128	$4,550,484	-0.3%
Expenses	$3,977,968	$3,335,797	+0.2%
Net Income	$-808,840	$1,214,687	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$183,266

Total Directors

$82,230

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynnea Katz-Petted - Through July 2	CEO	050.00	Officer	$136,754	$6,287	$143,041
Mark Charlton	Board Member	001.00	Director	$82,230	$0	$82,230
Melanie Roach - Current	CEO	045.00	Officer	$40,008	$217	$40,225
Marie Millard CPA	Treasurer	002.00	Officer Director	$0	$0	$0
Bruce Elliott	President	002.00	Officer Director	$0	$0	$0
Daniel Woods	Board Member	001.00	Director	$0	$0	$0
Bradley Dagen	Vice - President	002.00	Officer Director	$0	$0	$0
Greg Lyons	Secretary	002.00	Officer Director	$0	$0	$0
Shawn Govern	Board Member	001.00	Director	$0	$0	$0
Sofia Ismaili	Board Member	001.00	Director	$0	$0	$0
Rick Ziller	Board Member	001.00	Director	$0	$0	$0
Karl Johnson	Board Member	001.00	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	$3,169,128	$3,977,968	$2,762,591	$-808,840
2023	$4,550,484	$3,335,797	$3,594,826	$1,214,687
2022	$1,723,922	$1,926,340	$2,080,257	$-202,418
2021	$1,764,103	$1,418,791	$1,980,667	$345,312
2020	$933,195	$1,136,211	$1,573,795	$-203,016
2019	$1,644,864	$1,076,994	$1,779,145	$567,870