SOUTHSIDE SERVICES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

BRYAN MARKER

Phone

6127211696

Tax Period

2023-01-01 to 2023-12-31

SOUTHSIDE SERVICES INC, founded in 1974, is a small nonprofit in the Human Services sector that reported $459K in total revenue in fiscal year 2023.

Mission

SOUTHSIDE SERVICES' MISSION IS TO ENHANCE THE CAPACITY OF ADULTS AND YOUTH (AGES 16+) WITH COGNITIVE AND DEVELOPMENTAL DISABILITIES TO BECOME INCREASINGLY ACTIVE, CONTRIBUTING MEMBERS OF THEIR COMMUNITY. SOUTHSIDE SERVICES ACHIEVES ITS MISSION VIA THREE INTEGRATED PROGRAMS THAT IN 2020 SERVED 168 PARTICIPANTS LIVING IN HENNEPIN COUNTY.

Program Service Accomplishments

Program 1

Expenses: $398,397 Revenue: $1,640

COMMUNITY CONNECTIONS75 ADULTS RECEIVED PERSON-CENTERED INDEPENDENT AND SEMI-INDEPENDENT LIFE SKILLS TRAINING AND ACCESS ASSISTANCE SERVICES TO ENHANCE THEIR CAPACITY TO LIVE INDEPENDENTLY AND BECOME INCREASINGLY INTEGRATED WITHIN THEIR COMMUNITIES. OUTCOMES FOR THE YEAR INCLUDED: COUNTY PROGRAM: 100% PARTICIPANTS RECEIVING INDIVIDUAL SERVICE TRAINING REMAINED STABLE IN THE COMMUNITY, 95% OF THE PARTICIPANTS MET OR MADE REASONABLE PROGRESS TOWARDS THEIR INDIVIDUAL GOALS. 94% PARTICIPATED IN SOCIAL NETWORKING ACTIVITIES THAT PREVENTED ISOLATION AT LEAST 6 OUT OF THE 12 MONTHS DURING 2023. IHS: 88% OF THE PARTICIPANTS MET OR MADE REASONABLE PROGRESS TOWARDS THEIR INDIVIDUAL GOALS. SILS: 100% OF THE PARTICIPANTS MET OR MADE REASONABLE PROGRESS TOWARDS THEIR INDIVIDUAL GOALS. IN-HOME: 100% OF THE PARTICIPANTS MEET OR MADE REASONABLE PROGRESS TOWARDS THEIR INDIVIDUAL GOALS.

Program 2

THERAPEUTIC RECREATION46 ADULT PARTICIPANTS ENGAGED IN 101 DIFFERENT GROUP ACTIVITIES THAT REINFORCED PHYSICAL ACTIVITY, HEALTHY LIFESTYLES AND SOCIAL SUPPORT/FRIENDSHIPS. DURING THE YEAR WE GAVE 407 TRANSPORTATION RIDES TO ACTIVITIES AND HOME. OUR GOAL IS TO PROVIDE SAFETY NET SERVICES. THIS INCLUDES TRANSPORTATION DROP OFF AT THE FRONT DOOR OF EACH CLIENT'S HOME. THERAPEUTIC RECREATION PURPOSE IS TO REDUCE ISOLATION, BUILD SOCIAL SKILLS, TEACH APPROPRIATE BEHAVIORS, AND GET INVOLVED IN THE COMMUNITY.

Program 3

SCHOOL BASED CONNECTIONSSOUTHSIDE SERVICES PARTNERED WITH THE MINNEAPOLIS PUBLIC SCHOOLS TRANSITIONS PLUS TO PROVIDE SCHOOL BASED AND OUT OF SCHOOL TIME SUPPORT STUDENTS AGES 16-21. IN 2023 WE ARE...

SCHOOL BASED CONNECTIONSSOUTHSIDE SERVICES PARTNERED WITH THE MINNEAPOLIS PUBLIC SCHOOLS TRANSITIONS PLUS TO PROVIDE SCHOOL BASED AND OUT OF SCHOOL TIME SUPPORT STUDENTS AGES 16-21. IN 2023 WE ARE STILL SEEING A SLOW TRANSITION TO GET CONNECTED WITH OUR PROGRAM TO GET BACK TO PRE-COVID NUMBERS. WE HAVE SEEN MANY STUDENTS THAT HAVE GRADUATED IN THE LAST 5 YEARS FROM T-PLUS, RECONNECTED IN OUR PROGRAM FOR COMMUNITY CONNECTIONS AND THERAPEUTIC RECREATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $456,573

Program Service Revenue $0

Investment Income $1,065

Other Revenue $1,640

TOTAL REVENUE $459,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $364,999

Fundraising Expenses $10,947

Program Expenses $398,397

Other Expenses $88,837

TOTAL EXPENSES $453,836

Year-over-Year Comparison

	2023	2022	Change
Revenue	$459,278	$467,280	0.0%
Expenses	$453,836	$467,417	0.0%
Net Income	$5,442	$-137	-40.7%

Key Indicators

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$76,240

Total Directors