SACO, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ESTHER RESIDENCE, founded in 2011, is a small nonprofit that reported $326K in total revenue in fiscal year 2023. Revenue surged 108% from the prior year, signaling strong growth momentum. Net assets of $2.5M represent 91 months of operating reserves.
TO PROVIDE GUIDANCE IN A SAFE AND NURTURING ENVIRONMENT TO WOMEN DESIRING TO MAKE POSITIVE LIFE CHANGES
2023 was a challenging year dealing with a financial scam and a roof corner blown open. We bought the house and a car and Covid made a short presence. On the bright side, 3 grants were renewed and...
2023 was a challenging year dealing with a financial scam and a roof corner blown open. We bought the house and a car and Covid made a short presence. On the bright side, 3 grants were renewed and new ones received, our volunteers increased, and presenters led groups on art, yoga, savings/budgeting and ecology. Also, 3 local churches had funding events for us. 19 women were residents in 2023 with an average stay of 3.5 months. Everyone has a diagnosis of SUD, MH & PTSD. Of these 6 were here 6 months (4 another 6 mo. in 2022) and 8 had less than 30 days making poor decisions. We revised our program to include more time in AA/NA meetings and Recovery workshops. Those who relapsed were guided to revise their goals. We provided daily case management to access medical, mental health, dental additional interest, education, and subsidized housing. A Family Coach continues to help them reconnect with family/children. We continue to seek grants to help provide needs: clothing, dental, education, new activities and new interests. This year, many former residents reached out to us for food, clothing, help with securing housing, driving them to enter detox and long-term programs. They are always welcome to drop in and they see us as family that is there for them. Donated professional fees was $180,000 from 3 Nuns. Long term plan is in place for 2 Sisters to retire in 2024 and a 3rd later. Donated volunteer hours $6,644, gifts in-kind $2,993, fund raising $99,053. We have very active board members on various committees.
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 | $325,875 | $156,720 | +1.1% |
| Expenses | $342,776 | $107,473 | +2.2% |
| Net Income | $-16,901 | $49,247 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| ROGER BEAUPRE | DIRECTOR | 0.5 |
Director
|
$0 | $0 | $0 |
| MICHAEL CANTARA | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| KIMBERLY CHRISTOFORO | VICE CHAIRPERSON | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN DAME | CHAIRPERSON | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| DONNA DION | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| DENISE DOYON | SECRETARY | 1 |
Officer
Director
|
$0 | $0 | $0 |
| CYNTHIA GIROUX | DIRECTOR | 3 |
Director
|
$0 | $0 | $0 |
| LYNN GODBOUT | DIRECTOR | 0.5 |
Director
|
$0 | $0 | $0 |
| HEATHER HUNTLEY | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| CAROL LANDRY | DIRECTOR | 0.5 |
Director
|
$0 | $0 | $0 |
| JENNIFER PLOURDE | DIRECTOR | 1 |
Director
|
$0 | $0 | $0 |
| PATRICIA SONDEY | TREASURER | 1 |
Officer
Director
|
$0 | $0 | $0 |
| SHANNON KASHINSKY | DIRECTOR | 0.5 |
Director
|
$0 | $0 | $0 |
| CONRAD WELZEL | DIRECTOR | 0.5 |
Director
|
$0 | $0 | $0 |
| SR JOANNE ROY | EXECUTIVE DIRECTOR | 50 |
Key Emp
|
$0 | $0 | $0 |
| SR LUCILLE GARDNER | STAFF | 40 |
Key Emp
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $325,875 | $342,776 | $2,573,250 | $-16,901 |
| 2022 | $156,720 | $107,473 | $2,208,037 | $49,247 |
| 2021 | $137,364 | $43,642 | $696,986 | $93,722 |
| 2020 | $118,354 | $112,814 | $517,964 | $5,540 |
Compare ESTHER RESIDENCE with other nonprofits in Maine and across the country.