MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PEOPLE SERVING PEOPLE INC, founded in 1982, is a mid-sized nonprofit in the Housing & Shelter sector that reported $36.7M in total revenue in fiscal year 2024. Revenue surged 210% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22.1M, a strong 60% operating margin.
TO SUPPORT FAMILIES WHO ARE EXPERIENCING HOUSING INSTABILITY BY PROVIDING SHELTER, EARLY CHILDHOOD EDUCATION, HOUSING STABILIZATION, AND SYSTEMS CHANGE.
EMERGENCY SHELTER:IN 2024, PEOPLE SERVING PEOPLE, INC. (PSP) WELCOMED AN AVERAGE OF 319 GUESTS PER NIGHT. THE AVERAGE LENGTH OF STAY WAS 173 DAYS AND THE AVERAGE FAMILY SIZE WAS 3.37. PSP SERVED...
EMERGENCY SHELTER:IN 2024, PEOPLE SERVING PEOPLE, INC. (PSP) WELCOMED AN AVERAGE OF 319 GUESTS PER NIGHT. THE AVERAGE LENGTH OF STAY WAS 173 DAYS AND THE AVERAGE FAMILY SIZE WAS 3.37. PSP SERVED (UNDUPLICATED) 342 INDIVIDUAL FAMILIES TOTALING 544 SHELTER STAYS. IN 2024, PSP WELCOMED BACK MORE VOLUNTEERS AND HAD 995 VOLUNTEERS WHO DONATED 8,435 HOURS OF TIME. PSP SERVED OVER 170,000 MEALS. OF THE GUESTS, 59.6% WERE UNDER THE AGE OF 18, AND 23.1% WERE UNDER THE AGE OF 6. ADDITIONALLY, 92.5% OF GUESTS IDENTIFIED AS BLACK, INDIGENOUS, OR PEOPLE OF COLOR. THE AVERAGE AGE OF CHILDREN STAYING AT PSP WAS 8 YEARS OLD. PSP OFFERS GUESTS A RANGE OF WRAP-AROUND SERVICES TO SUPPORT THEM IN THEIR JOURNEY TO STABILITY. GUESTS CAN CHOOSE WHETHER OR NOT TO ACCESS THESE SERVICES, INCLUDING BASIC NEEDS, EDUCATION, EMPLOYMENT ASSISTANCE, TECHNOLOGY ACCESS, FINANCIAL LITERACY, SYSTEMS ADVOCACY, AND CONNECTIONS TO OTHER SUPPORTIVE LOCAL ORGANIZATIONS.
HOMELESSNESS PREVENTION PROGRAM:PSP'S FAMILY HOMELESSNESS PREVENTION PROGRAM WAS LAUNCHED AS A PILOT PROGRAM IN 2021. WITH COMMUNITY SUPPORT, PSP INCREASED THE DIRECT FINANCIAL ASSISTANCE AVAILABLE...
HOMELESSNESS PREVENTION PROGRAM:PSP'S FAMILY HOMELESSNESS PREVENTION PROGRAM WAS LAUNCHED AS A PILOT PROGRAM IN 2021. WITH COMMUNITY SUPPORT, PSP INCREASED THE DIRECT FINANCIAL ASSISTANCE AVAILABLE TO PARTICIPATING FAMILIES AND EXPANDED THE PROGRAM TO SERVE MORE FAMILIES. THIS PROGRAM AIMS TO PREVENT THE EXPERIENCE, OR RE-EXPERIENCE, OF HOMELESSNESS THROUGH CONNECTION WITH FAST AND FLEXIBLE RESOURCES AND LIMITED CASE MANAGEMENT, ALLOWING FAMILIES TO STAY STABLY HOUSED. FOR PARTICIPATING FAMILIES, 2024 SAW A DRAMATIC INCREASE IN NEED AND REQUESTS FOR ASSISTANCE. THESE REQUESTS WERE TYPICALLY FOR SUPPORT WITH SECURITY DEPOSITS, BACK RENT, RENT SUPPORT, CAR REPAIRS/ TRANSPORTATION/TIRE REPLACEMENT, AND CELL PHONES TO ASSIST WITH JOB SEARCHES AND CHILDCARE COMMUNICATIONS. IN 2024, 285 FAMILIES RECEIVED SERVICES AND PREVENTED THE RE-EXPERIENCE OF HOMELESSNESS THROUGH THIS PROGRAM, AND 58 FAMILIES COULD REMAIN STABLY HOUSED BEFORE EXPERIENCING HOMELESSNESS.
FAMILY SUPPORT SERVICES PROGRAMS:WHILE STAYING AT PSP, FAMILIES ARE ENCOURAGED TO PARTICIPATE IN THE ORGANIZATION'S STRENGTHS-BASED, CLIENT-CENTERED PROGRAMMING THAT EMPOWERS FAMILIES TO REACH...
FAMILY SUPPORT SERVICES PROGRAMS:WHILE STAYING AT PSP, FAMILIES ARE ENCOURAGED TO PARTICIPATE IN THE ORGANIZATION'S STRENGTHS-BASED, CLIENT-CENTERED PROGRAMMING THAT EMPOWERS FAMILIES TO REACH STABILITY BY ADDRESSING THEIR SELF-IDENTIFIED BARRIERS AND AREAS OF POTENTIAL GROWTH. EVERY FAMILY IS ASSIGNED AN ADVOCATE WHO WILL BE THEIR PRIMARY TOUCH POINT AND CASE MANAGER THROUGHOUT THEIR STAY, ALTHOUGH THEY CAN SPEAK TO ANY ADVOCATE ANYTIME. THESE ADVOCATES OFFER INDIVIDUAL SESSIONS AND CONVERSATIONS TO HELP FAMILIES WORK TOWARD THEIR SELF-DETERMINED STABILITY GOALS. IN 2024, PSP ADVOCATE STAFF HELD 480 1:1 MEETINGS WITH GUESTS (UNDUPLICATED). IN ADDITION TO THESE INDIVIDUAL SUPPORT SYSTEMS, PSP ALSO OFFERS MORE STRUCTURED PROGRAMMING. IN 2024, 313 PARENTS WERE ABLE TO ATTEND PERSONALIZED FINANCIAL FITNESS CLASSES, AND OF THOSE GUESTS, 91 OPENED NEW SAVINGS ACCOUNTS. TO FIND JOB OPENINGS AND HOUSING OPPORTUNITIES, PSP SUPPORTED 127 GUESTS WITH EMPLOYMENT SERVICES SESSIONS AND VISITED PSP'S TECHNOLOGY RESOURCE CENTER TO SEARCH FOR JOBS, PREPARE RESUMES, AND SEEK OUT OPPORTUNITIES FOR THEIR CAREERS. WHILE 9.7% OF GUESTS WERE EMPLOYED WHEN THEY ARRIVED AT PSP, 30% WERE EMPLOYED WHEN THEY LEFT.
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 | $36,693,803 | $11,819,279 | +2.1% |
| Expenses | $14,613,913 | $10,946,954 | +0.3% |
| Net Income | $22,079,890 | $872,325 | +24.3% |
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 |
|---|---|---|---|---|---|---|
| LUKE DERHEIM | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JORDAN GRACE MILLER | VICE CHAIR / SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHEREESE TURNER | VICE CHAIR / SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIM CARTER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEN RUXIN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLOTTE KINZLEY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EVAN DORAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JESSICA WESTBERG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH HUG | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN JACKSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURA BARTLOW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARCIE DEWALT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TANO HALL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HOANG MURPHY | CHIEF EXECUTIVE OFFICER | 35.00 |
Officer
Director
|
$210,757 | $11,658 | $222,415 |
| RELESHA BILLUPS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAKE GALE | CHIEF OPERATIONS OFFICER | 35.00 |
Officer
|
$150,000 | $8,266 | $158,266 |
| TIM JANKA | FINANCE DIRECTOR | 35.00 |
Officer
|
$136,723 | $15,820 | $152,543 |
| GRACE RIECK | SR DIRECTOR, SHELTER OPERATIONS | 35.00 |
Highest
|
$127,060 | $9,221 | $136,281 |
| LAUREL LILLEGREN | DIRECTOR OF FAMILY SUPPORTS | 35.00 |
Highest
|
$107,093 | $10,706 | $117,799 |
| KEN SMITH | DIRECTOR OF BELONGING | 35.00 |
Highest
|
$112,432 | $32,059 | $144,491 |
| ERICA VALLIANT | DIRECTOR OF EQUITY | 35.00 |
Highest
|
$100,864 | $13,198 | $114,062 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $36,693,803 | $14,613,913 | $26,374,177 | $22,079,890 |
| 2023 | $11,819,279 | $10,946,954 | $4,519,651 | $872,325 |
| 2022 | $8,713,349 | $9,791,999 | $4,260,133 | $-1,078,650 |
| 2021 | $8,460,850 | $8,651,323 | $3,407,930 | $-190,473 |
| 2020 | $9,494,715 | $8,728,317 | $3,165,702 | $766,398 |
| 2019 | $8,788,677 | $8,140,946 | $2,521,906 | $647,731 |
| 2018 | $8,872,472 | $8,114,629 | $2,243,119 | $757,843 |
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