CAMBRIDGE, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW PATHWAYS INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $790K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $283K, a strong 36% operating margin.
New Pathways exists to empower and provide support to families with children experiencing homelessness in Central Minnesota. Families have access to case management, advocacy, resources plus the opportunity to build skills that encourage stability and sustainability.
New Pathways provides services that help families with children experiencing homelessness access resource information to address their specific area of need. Services include shelter, case...
New Pathways provides services that help families with children experiencing homelessness access resource information to address their specific area of need. Services include shelter, case management, advocacy, skills training and access to phone, showers and laundry, personal care items, a mailing address and Internet access. The Cambridge Path-To-Home site served 27 families including 37 adults and 46 children. The program turned away 34 families due to being at capacity.The Supportive Housing Program (SHP) at Normandy Townhomes, Heritage Townhomes & Bridgewell Apartments served 25 families including 26 adults and 46 children.New Pathways Inc is currently running a capital campaign to build a new 24/7 shelter site.
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 | $790,170 | $576,726 | +0.4% |
| Expenses | $507,218 | $463,865 | +0.1% |
| Net Income | $282,952 | $112,861 | +1.5% |
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 |
|---|---|---|---|---|---|---|
| Melaine Ruprecht | Secretary | 2.00 |
Director
|
$0 | $0 | $0 |
| Kizzy Hamilton | Homeless Advocate | 2.00 |
Director
|
$0 | $0 | $0 |
| Jane Benjamin | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ron Duke | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Shawn Kirkeide | Treasurer | 2.00 |
Officer
|
$0 | $0 | $0 |
| Robin Wetther | President | 2.00 |
Officer
|
$0 | $0 | $0 |
| Jeremiah White | Vice President | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $790,170 | $507,218 | $1,450,600 | $282,952 |
| 2023 | $576,726 | $463,865 | $1,165,550 | $112,861 |
| 2023 | $576,726 | $463,865 | $1,165,550 | $112,861 |
| 2022 | $624,030 | $415,938 | $1,063,829 | $208,092 |
| 2021 | $634,130 | $399,610 | $844,062 | $234,520 |
| 2020 | $440,850 | $356,744 | $644,898 | $84,106 |
| 2019 | $394,239 | $461,234 | $513,125 | $-66,995 |
| 2018 | $705,257 | $507,699 | $591,970 | $197,558 |
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