Decorah, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Spectrum Industries, founded in 1974, is a small nonprofit in the Employment sector that reported $671K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring.
Helping individuals with cognitive disabilities, mental illness, and other barriers to independent living enter the workforce and the community.
Our Day Habilitation Services aim to promote personal growth and independence for individuals with disabilities through structured, skill-building activities. We provided service days to clients...
Our Day Habilitation Services aim to promote personal growth and independence for individuals with disabilities through structured, skill-building activities. We provided service days to clients, offering life skills training, community engagement opportunities, and therapeutic sessions. This program fostered increased self-sufficiency and social integration, directly impacting many individuals served across our organization. Community engagement opportunities include outings, dining out access, and presentations from community members and businesses.(Statement continued on Schedule O)Prevocational Services empower individuals to prepare for and sustain meaningful employment. We supported clients with job coaching, resume development, interview preparation, and on-site job placements. Individuals that secured employment this year contribute to a broader impact of economic participation and self-reliance. These services represent a crucial step toward achieving long-term vocational goals for many of the individuals we served.Home-Based Habilitation and Supported Community Living Services focus on supporting individuals to live independently and thrive within their communities. This year, we provided many hours of direct support, assisting clients with daily living tasks such as meal preparation, medication management, and household maintenance. Additionally, our Supported Community Living services included on-site and community-based assistance designed to help individuals navigate their environments, access resources, and maintain social connections. These combined efforts enhanced the quality of life and independence for many of the individuals served across our programs.In FY25, The Spectrum Network served individuals across all programs, delivering essential support and services that align with our mission to empower individuals with disabilities. Through Day Habilitation, Prevocational, Home-Based Habilitation, and Supported Community Living Services, we provided measurable improvements in independence, community engagement, and self-reliance.
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 | $670,697 | $1,245,709 | -0.5% |
| Expenses | $715,999 | $696,568 | +0.0% |
| Net Income | $-45,302 | $549,141 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| Laura Smith | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Paul Greenberg | Vice President (Until 01/2025) | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nikki Thompson | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Brian Svestka | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| David Gehling | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Christopher Miculinich | Executive Director | 40.00 |
Officer
|
$59,514 | $36 | $59,550 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $670,697 | $715,999 | $914,175 | $-45,302 |
| 2024 | $1,245,709 | $696,568 | $1,352,049 | $549,141 |
| 2023 | $603,223 | $1,160,654 | $1,139,409 | $-557,431 |
| 2022 | $1,179,642 | $1,065,005 | $1,651,278 | $114,637 |
| 2021 | $732,364 | $924,540 | $1,401,511 | $-192,176 |
| 2020 | $624,612 | $838,165 | $1,394,443 | $-213,553 |
| 2019 | $977,381 | $1,021,576 | $1,664,793 | $-44,195 |
| 2018 | $1,120,860 | $1,116,883 | $1,804,910 | $3,977 |
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