New Rockford, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)4th Corporation, founded in 1981, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2021. Expenses of $3.6M left a modest 7% surplus.
We strive to promote growth and development enabling each person to fulfill their personal dreams.
4th Corporation provides services to adults with developmental disabilities. Those services include residential as well as day support. We house 4 individuals in our New Rockford ICF/ID home, 5...
4th Corporation provides services to adults with developmental disabilities. Those services include residential as well as day support. We house 4 individuals in our New Rockford ICF/ID home, 5 individuals in our Carrington ICF/ID home, 5 individuals in our Fessenden ICF/ID home, and 8 in our Transitional Living home. Those homes have twenty-four hour staff. Between the hours of 8:00 a.m. and 4:00 p.m. Monday through Friday, the individuals of these homes as well as individuals in the above named communities receive day support services at the Center in New Rockford. We have a total of 25 clients that receive day support service. The individuals may go out on job crews in the New Rockford area or work on production items in the workshop. The individuals receive a monthly paycheck for the work they do. The economic impact 4th Corporation has on the communities of Carrington, New Rockford, and Fessenden is huge. We employ 59 people between these 3 small communities. This all ties to our mission statement, "We strive to promote growth and development enabling each person to fulfill their personal dreams."
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $3,842,554 | $4,014,298 | 0.0% |
| Expenses | $3,558,218 | $3,749,198 | -0.1% |
| Net Income | $284,336 | $265,100 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| Travis Peterson | President | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Kerwin Borgen | Vice President | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Jim Ehni | Secretary | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| Patty Feakes | Member | 0.30 |
Director
|
$0 | $0 | $0 |
| Joan Miller | Member | 0.30 |
Director
|
$0 | $0 | $0 |
| Kodi Keller | Executive Director | 36.00 |
Officer
|
$94,067 | $21,308 | $115,375 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $3,842,554 | $3,558,218 | $2,270,699 | $284,336 |
| 2021 | $4,014,298 | $3,749,198 | $2,088,289 | $265,100 |
| 2020 | $4,077,606 | $3,847,933 | $2,029,204 | $229,673 |
| 2019 | $3,999,608 | $3,797,697 | $1,793,027 | $201,911 |
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