ANN ARBOR, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VETERAN EMPOWERMENT NEIGHBORHOODS, founded in 2011, is a micro nonprofit in the Human Services sector that reported $52K in total revenue in fiscal year 2024. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $46K left a modest 12% surplus.
VEN WAS CREATED TO IMPROVE THE QUALITY OF LIFE FOR VETERAN FAMILIES WITH RESTRICTED INCOMES THAT WOULD OTHERWISE BE FORGOTTEN ABOUT AND OR LEFT OUT. OUR TARGET POPULATION IS VETERAN FOCUS, AND THE IMMEDIATE FAMILY MEMBERS OF ACTIVE DUTY MILITARY SERVICE MEN AND WOMEN. OUR MISSION IS TO HELP BUILD STRONGER, HEALTHIER, VIBRANT COMMUNITIES IN OUR SERVICE AREA. WE FIRMLY BELIEVE THAT DECENT HOUSING IS A PRECONDITION OF INDIVIDUAL, FAMILY AND COMMUNITY WELLBEING WE BELIEVE THAT IT IS OUR SOCIAL RESPONSIBILITY TO EFFICIENTLY AND EFFECTIVELY ASSIST THOSE INDIVIDUALS WHO SEVERED OUR COUNTRY AND HELP ALL FAMILIES TO LIVE IN DIGNITY IN A HEALTHY, SAFE AND DECENT ENVIRONMENT.
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 | $52,343 | $160,394 | -0.7% |
| Expenses | $46,284 | $91,995 | -0.5% |
| Net Income | $6,059 | $68,399 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| KIMBERLY DOBSON | EXECUTIVE DI | 40.00 |
Director
|
$4,680 | $0 | $4,680 |
| CASIRMIRO CROCKETT | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROY FOSTER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON JOHNSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL ROSS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK SCHEINDER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $52,343 | $46,284 | $589,806 | $6,059 |
| 2023 | $160,394 | $91,995 | $632,825 | $68,399 |
| 2022 | $251,449 | $200,965 | $509,805 | $50,484 |
| 2021 | $103,393 | $70,855 | $597,026 | $32,538 |
Compare VETERAN EMPOWERMENT NEIGHBORHOODS with other nonprofits in Michigan and across the country.