ST PAUL, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)URBAN BOATBUILDERS INC, founded in 1995, is a small nonprofit in the Youth Development sector that reported $983K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $1.2M exceeded revenue, resulting in a 19% operating deficit.
OUR MISSION IS TO EMPOWER YOUTH TO SUCCEED IN WORK AND LIFE THROUGH WOODWORKING AND EXPERIENTIAL LEARNING.
URBAN BOATBUILDERS INSPIRES YOUTH TO RECOGNIZE THEIR INNER STRENGTH, IDENTIFY THEIR UNIQUE SKILLS AND CELEBRATE THEIR POTENTIAL. TRAINED STAFF LEAD SMALL TEAMS THROUGH A RESEARCH-BASED CURRICULUM...
URBAN BOATBUILDERS INSPIRES YOUTH TO RECOGNIZE THEIR INNER STRENGTH, IDENTIFY THEIR UNIQUE SKILLS AND CELEBRATE THEIR POTENTIAL. TRAINED STAFF LEAD SMALL TEAMS THROUGH A RESEARCH-BASED CURRICULUM THAT FACILITATES SOCIAL AND EMOTIONAL LEARNING WHILE CREATING A FUNCTIONAL, BEAUTIFUL CRAFT. OVER THE COURSE OF A PROJECT, YOUTH AGES 12 - 21 DEVELOP ESSENTIAL SKILLS AND POSITIVE RELATIONSHIPS THAT HELP THEM NAVIGATE THEIR WORLDS AND ACHIEVE SUCCESS. THE PROGRAM CULMINATES WITH THE LAUNCH OF THEIR CRAFT, GIVING THEM THE CONFIDENCE TO ACHIEVE THEIR DREAMS. THE PARTNERSHIP PROGRAM DELIVERS ACADEMICALLY-ENHANCED WOODWORKING TO STUDENTS THROUGH HANDS-ON, EXPERIENTIAL LEARNING. PARTNERING WITH SCHOOLS AND COMMUNITY ORGANIZATIONS, URBAN BOATBUILDERS DELIVERS A RESEARCH-BASED CURRICULUM THAT CREATES AN ENGAGING, ACTIVE EDUCATIONAL EXPERIENCE WITH STUDENTS. IN COLLABORATION WITH THE PARTNER, URBAN BOATBUILDERS MEETS THE INDIVIDUAL NEEDS OF STUDENTS BY TAILORING PROGRAMMING TO DEVELOP ACADEMIC, SOCIAL AND EMOTIONAL, AND CAREER READINESS SKILLS. THROUGH THE PROGRAM, YOUTH ACHIEVE SUCCESS, INCREASE THEIR ACADEMIC ENGAGEMENT, AND IGNITE THEIR LOVE OF LEARNING. 935 YOUTH WERE SERVED THROUGH THE PARTNERSHIP PROGRAM IN 2023.THE APPRENTICESHIP PROGRAM PROVIDES PAID EMPLOYMENT TRAINING TO UNDERSERVED YOUTH FACING BARRIERS TO EMPLOYMENT. THREE DAYS EACH WEEK, APPRENTICES WORK AS PART OF A TEAM TOWARD A COMMON GOAL - BUILDING A BOAT. THROUGH THE PROCESS, YOUTH LEARN AND DEVELOP SOCIAL AND EMOTIONAL SKILLS SUCH AS COMMUNICATION, SELF-MANAGEMENT, AND CRITICAL PROBLEM-SOLVING. ADDITIONALLY, YOUTH ENGAGE IN WEEKLY WORKSHOPS AND TRAINING RANGING FROM WORKPLACE ETIQUETTE TO FINANCIAL LITERACY. FIELD TRIPS TO LOCAL BUSINESSES, COLLEGES, AND TRAINING PROGRAMS EXPAND YOUTH'S EXPOSURE AND UNDERSTANDING OF THE POSSIBILITIES FOR THEIR FUTURE. YOUTH PARTICIPANTS DEVELOP THE SKILLS, AGENCY, AND CONFIDENCE THEY NEED TO PURSUE THEIR GOALS AND ACHIEVE SUCCESS. 44 YOUTH WERE SERVED THROUGH THE APPRENTICESHIP PROGRAM IN 2023. 100% OF THESE YOUTH REPORTED THAT THE PROGRAM HELPED THEM FIGURE OUT THE NEXT STEPS NEEDED TO SUCCESSFULLY ACHIEVE THEIR GOALS.
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 | $983,262 | $1,052,170 | -0.1% |
| Expenses | $1,165,639 | $929,206 | +0.3% |
| Net Income | $-182,377 | $122,964 | -2.5% |
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 |
|---|---|---|---|---|---|---|
| TINA BARSKY | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOSH KRAFT | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD INGEMAN | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LILY TAYLOR | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTHONY WILLIAMS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BRIAN BROWN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| VALARIE HONEY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| TIM LOVETT | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARC HOSMER | EXECUTIVE DIRECTOR/CEO | 40.00 |
Officer
|
$112,232 | $0 | $112,232 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $983,262 | $1,165,639 | $483,049 | $-182,377 |
| 2022 | $1,052,170 | $929,206 | $743,141 | $122,964 |
| 2021 | $733,218 | $710,413 | $529,785 | $22,805 |
| 2020 | $759,499 | $656,825 | $493,475 | $102,674 |
| 2019 | $813,379 | $804,988 | $374,234 | $8,391 |
| 2018 | $796,725 | $821,631 | $372,513 | $-24,906 |
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