REMER, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHLAND AREA FAMILY SERVICE CTR, founded in 1996, is a small nonprofit that reported $479K in total revenue in fiscal year 2024. Expenses of $532K exceeded revenue, resulting in a 11% operating deficit.
FAMILY SUPPORT MADE 161 CONNECTIONS, ASSISTED 23 NEIGHBORS WITH MNSURE APPLICATIONS, AND PROVIDED 6 NEIGHBORS ACCESS TO THE LEGAL KIOSK. FAMILY CENTER HOME VISITING COMPLETED 202 VISITS WITH 9 FAMILIES AND 10 CHILDREN, ASSISTING WITH THE CULTIVATION OF NUTURING PARENT-CHILD RELATIONSHIPS, PROMOMOTION OF HEALTHY CHILDHOOD DEVELOPMENT AND GROWTH, AND ENHANCED FAMILY FUNCTION. TOYS FOR KIDS SERVED 52 FAMILIES WITH 136 CHILDREN TO HAVE A BRIGHTER HOLIDAY. 961 VISITS WITH 33 FAMILIES WERE COMPLETED AS PART OF THE PARENTCHILD+ PROGRAM, SUPPORTING EARLY LITERACY, OPPORTUNITIES AND SCHOOL READINESS. FAMILY CENTER PRESCHOOL ASSISTED 14 STUDENTS TO BE READY FOR KINDERGARTEN AND BE SUCCESSFUL LEARNERS, REGARDLESS OF ANY PERCEIVED OR REAL BARRIERS SUCH AS ECONOMIC STATUS, CULTURE, OR LEVEL OF ABILITY OR DIABILITY. DIAPER HUB DISPERSED DIAPERS, PULLUPS AND WIPES ACROSS 7 COUNTIES WITH POINTS OF DISSEMINATION IN 11 COUNTIES, SERVING 1,309 FAMILIES WITH 1,752 CHILDREN.
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 | $478,925 | $484,184 | 0.0% |
| Expenses | $532,275 | $450,683 | +0.2% |
| Net Income | $-53,350 | $33,501 | -2.6% |
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 |
|---|---|---|---|---|---|---|
| HEIDI HOLTZ | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIT ARNQUIST | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHERYL DESOTO | FINANCIAL OF | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| FAYE ZORMAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARLYN HOLMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $478,925 | $532,275 | $567,075 | $-53,350 |
| 2023 | $484,184 | $450,683 | $636,629 | $33,501 |
| 2022 | $487,877 | $478,678 | $637,421 | $9,199 |
| 2021 | $446,001 | $342,934 | $640,624 | $103,067 |
| 2020 | $404,215 | $325,126 | $557,749 | $79,089 |
| 2019 | $353,744 | $359,054 | $444,774 | $-5,310 |
| 2018 | $394,130 | $338,973 | $484,503 | $55,157 |
Compare NORTHLAND AREA FAMILY SERVICE CTR with other nonprofits in Minnesota and across the country.