DULUTH, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIGHTHOUSE CENTER FOR VITAL LIVING, founded in 1921, is a community nonprofit in the Diseases & Disorders sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $2.0M exceeded revenue, resulting in a 22% operating deficit.
FOSTERING VIBRANT LIVES FOR PEOPLE WITH VISION LOSS AND OTHER CHALLENGES TO INDEPENDENCE. TO ACCOMPLISH THIS MISSION, THE LIGHTHOUSE OPERATES MANY DIFFERENT PROGRAMS, SERVING PEOPLE OF ALL AGES IN NORTHERN MN AND NORTHWESTERN WI. AS A RESULT OF OUR COMMITMENT, PEOPLE ARE MAXIMIZING THEIR SELF-RELIANCE AND ARE OPTIMOSTIC ABOUT POSSIBILITIES. OUR PROGRAMS - DELIVERED AT OUR CENTER, IN CLIENTS' HOMES AND IN WORKPLACES - PROVIDE TRAINING, TECHNOLOGY AND SOCIAL/EMOTIONAL SUPPORTS THAT EMPOWER THE WHOLE PERSON.
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 | $1,603,853 | $1,695,923 | -0.1% |
| Expenses | $1,962,945 | $1,747,877 | +0.1% |
| Net Income | $-359,092 | $-51,954 | +5.9% |
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 |
|---|---|---|---|---|---|---|
| MARY JUNNILA | EXECUTIVE DI | 40.00 |
Officer
|
$78,662 | $5,000 | $83,662 |
| TODD BRITTAIN | BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| MARYJANE BURDGE | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LUKE GAMBLE | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARB LARSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CATHY MCCARTY | BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| EMILY NORENBERG | BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBBIE SAUER | BOARD | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,603,853 | $1,962,945 | $6,293,985 | $-359,092 |
| 2023 | $1,695,923 | $1,747,877 | $6,031,527 | $-51,954 |
| 2022 | $6,240,608 | $1,368,909 | $5,715,922 | $4,871,699 |
| 2021 | $1,499,575 | $1,338,390 | $1,822,072 | $161,185 |
| 2020 | $1,028,761 | $1,075,975 | $1,727,442 | $-47,214 |
| 2019 | $978,751 | $1,032,898 | $1,653,726 | $-54,147 |
| 2018 | $983,840 | $1,003,237 | $1,683,890 | $-19,397 |
Compare LIGHTHOUSE CENTER FOR VITAL LIVING with other nonprofits in Minnesota and across the country.