Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Midwest Challenge Inc, founded in 1972, is a community nonprofit in the Mental Health sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.8M left a modest 5% surplus.
Sharing the gospel while providing hope and transformation.
Life Rebuilders provides transitional housing for adult men and women through a variety of programs that include: a work release program in partnership with the Minnesota Department of Corrections as...
Life Rebuilders provides transitional housing for adult men and women through a variety of programs that include: a work release program in partnership with the Minnesota Department of Corrections as a licensed and contracted agency. Transitional housing that provides short-term & long-term housing and care solutions for men who have been released from prisons, treatment centers or who are facing homelessness. Adult foster care that provides long-term care solutions for women and men who have been released from prisons and treatment centers or facing the challenges of homelessness. Independent sober living housing for men who are committed to living a renewed and transformed life. We serve a maximum of 108 residents within our 14 separate facilities.
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 | $1,848,674 | $1,588,073 | +0.2% |
| Expenses | $1,765,294 | $1,518,343 | +0.2% |
| Net Income | $83,380 | $69,730 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Gary Parker | President & CEO | 40.00 |
Officer
|
$70,733 | $66,950 | $137,683 |
| Joe Blee | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Gary Hemphill | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Eric Gustafson | Vice Chairman - Resigned 2024 | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mike Haag | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| John C DeJong | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Pastor Paul Marzahn | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Scott Rajavuori | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Paul Tesarek | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Erik Winegarden | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Michael Pappas | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,848,674 | $1,765,294 | $2,193,990 | $83,380 |
| 2023 | $1,588,073 | $1,518,343 | $2,188,467 | $69,730 |
| 2022 | $1,559,989 | $1,466,628 | $2,235,677 | $93,361 |
| 2021 | $1,432,965 | $1,421,329 | $2,206,745 | $11,636 |
| 2020 | $1,723,349 | $1,478,897 | $2,300,365 | $244,452 |
| 2019 | $1,355,202 | $1,397,463 | $2,148,121 | $-42,261 |
| 2018 | $1,625,879 | $1,460,846 | $2,320,020 | $165,033 |
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