Grand Rapids, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ReWrite Life, founded in 2011, is a small nonprofit that reported $254K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $372K exceeded revenue, resulting in a 47% operating deficit.
We equip communities around the world with literacy tools to educate adults and transform families, villages and entire nations.
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 | $254,121 | $878,682 | -0.7% |
| Expenses | $372,323 | $831,894 | -0.6% |
| Net Income | $-118,202 | $46,788 | -3.5% |
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 |
|---|---|---|---|---|---|---|
| Ashley Sherbino | Executive Director | 40.00 |
Director
|
$89,100 | $0 | $89,100 |
| Ellen Ruiters | Director and previous ED | 2.00 |
Director
|
$23,100 | $0 | $23,100 |
| Sarita Holzman | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Marie teVelde | Board Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sarah Ollenburger | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Frens | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $254,121 | $372,323 | $217,259 | $-118,202 |
| 2023 | $878,682 | $831,894 | $335,341 | $46,788 |
| 2022 | $1,232,603 | $1,006,421 | $291,317 | $226,182 |
| 2020 | $366,494 | $122,348 | $248,066 | $244,146 |
| 2019 | $381,218 | $393,584 | $4,014 | $-12,366 |
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