SOMEPLACE SAFE

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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

1979

Legal Domicile

Principal Officer

SHEILA KORBY

Phone

2187393359

Tax Period

2024-10-01 to 2025-09-30

SOMEPLACE SAFE, founded in 1979, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2024.

Mission

CREATE SAFER COMMUNITIES IN WEST CENTRAL MINNESOTA BY PROVIDING HIGH QUALITY CRIME VICTIM SERVICES.

Program Service Accomplishments

Program 1

Expenses: $3,931,602 Revenue: $183,297

SOMEPLACE SAFE WORKS TO ASSIST VICTIMS OF DOMESTIC VIOLENCE, SEXUAL ASSAULT, SEXUAL EXPLOITATION, SEX TRAFFICKING, LABOR TRAFFICKING, AND OTHER CRIMES (INCLUDING; STALKING, ELDER ABUSE, IDENTITY...

SOMEPLACE SAFE WORKS TO ASSIST VICTIMS OF DOMESTIC VIOLENCE, SEXUAL ASSAULT, SEXUAL EXPLOITATION, SEX TRAFFICKING, LABOR TRAFFICKING, AND OTHER CRIMES (INCLUDING; STALKING, ELDER ABUSE, IDENTITY THEFT, ROBBERY, THEFT, ETC.), AS THEY NAVIGATE THE SOCIAL, EMOTIONAL AND ECONOMIC IMPACTS THEY FACE AS VICTIMS ON THE PATH TO BECOMING SURVIVORS. IN FISCAL YEAR 2025 3,692 SURVIVORS OF CRIME ARE PROVIDED SERVICES EACH YEAR THROUGH TEN ADVOCACY OFFICES, FIVE PARENTING TIME CENTERS, AND THREE THRIFT STORES LOCATED IN BIG STONE, DOUGLAS, GRANT, OTTER TAIL, POPE, STEVENS, TRAVERSE, WADENA, AND WILKIN COUNTIES.

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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 $3,078,114

Program Service Revenue $183,297

Investment Income $15,436

Other Revenue $1,127,181

TOTAL REVENUE $4,404,028

Expense Breakdown

Grants Paid $389,610

Salaries & Benefits $2,867,524

Fundraising Expenses $113,903

Program Expenses $3,931,602

Other Expenses $1,174,852

TOTAL EXPENSES $4,431,986

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,404,028	$4,149,988	+0.1%
Expenses	$4,431,986	$3,847,000	+0.2%
Net Income	$-27,958	$302,988	-1.1%

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

116

Volunteers

254

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

$157,031

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTY BRACKETT	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JINA MARLOW	TREASURER	1.00	Officer Director	$0	$0	$0
ELIZABETH TANNER	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDSEY KALINA-NETWAL	DIRECTOR	0.50	Director	$0	$0	$0
ANNETTE WATSON	DIRECTOR	0.50	Director	$0	$0	$0
ANGELA SCHLIEPER	DIRECTOR	0.50	Director	$0	$0	$0
ERIC DISON	DIRECTOR	0.50	Director	$0	$0	$0
MATA PETERSON	DIRECTOR	0.50	Director	$0	$0	$0
SHEILA KORBY	EXECUTIVE DI	40.00	Officer	$155,938	$1,093	$157,031

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
2025	$4,404,028	$4,431,986	$2,308,158	$-27,958
2024	$4,149,988	$3,847,000	$2,449,927	$302,988
2023	$3,177,290	$3,302,508	$1,767,646	$-125,218
2022	$3,222,767	$2,987,243	$1,753,844	$235,524
2021	$2,596,272	$2,537,911	$1,421,726	$58,361
2021	$2,596,272	$2,473,738	$1,421,726	$122,534
2020	$2,698,519	$2,582,937	$1,427,361	$115,582
2019	$2,430,335	$2,427,773	$1,125,597	$2,562
2018	$2,428,758	$2,294,874	$1,124,437	$133,884