Springfield, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Outlet, founded in 2011, is a small nonprofit in the Human Services sector that reported $969K in total revenue in fiscal year 2024.
The mission of The Outlet is to help young fatherless youth develop the ability to make responsible life decisions, hold spiritual values, explore their gifts, and realize their dreams.
Fatherless boys and young men ages 8-22 are paired with positive male role models. Mentor and mentee pairs develop strong, lifelong relationships through discussing topics related to life and the...
Fatherless boys and young men ages 8-22 are paired with positive male role models. Mentor and mentee pairs develop strong, lifelong relationships through discussing topics related to life and the journey to manhood, participating in group workshops, and taking educational trips together. Participants of this program have graduated high school, gone on to college or trade school, become entrepreneurs, and even returned to The Outlet to become a mentor.
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 | $969,187 | $1,013,680 | 0.0% |
| Expenses | $941,078 | $1,010,495 | -0.1% |
| Net Income | $28,109 | $3,185 | +7.8% |
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 |
|---|---|---|---|---|---|---|
| MICHAEL PHELON | President | 40.00 |
Officer
Director
|
$75,000 | $0 | $75,000 |
| JESSICA HANDY | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY JENKINS | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| KEVIE LUSBY | Vice Chair | 0.00 |
Director
|
$0 | $0 | $0 |
| JOSE JIMENEZ | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $969,187 | $941,078 | $808,813 | $28,109 |
| 2023 | $1,013,680 | $1,010,495 | $815,067 | $3,185 |
| 2023 | $1,036,693 | $989,518 | $960,378 | $47,175 |
| 2022 | $1,124,518 | $670,409 | $910,315 | $454,109 |
| 2022 | $1,082,444 | $719,848 | $782,361 | $362,596 |
| 2021 | $574,791 | $318,519 | $404,952 | $256,272 |
| 2020 | $197,660 | $193,028 | $145,489 | $4,632 |
| 2019 | $146,527 | $176,710 | $136,297 | $-30,183 |
| 2018 | $191,406 | $140,321 | $167,815 | $51,085 |
Compare The Outlet with other nonprofits in Illinois and across the country.