CAMDEN, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MICHAELS COMMUNITY SERVICES CORPORATION, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $8.1M in total revenue in fiscal year 2024. Expenses of $7.4M left a modest 8% surplus.
MICHAELS COMMUNITY SERVICES CORPORATION D/B/A BETTER TOMORROWS (THE ORGANIZATION") IS A NEW JERSEY NOT-FOR-PROFIT ORGANIZATION. THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES TO PROMOTE SOCIAL WELFARE BY MAKING GRANTS AND LOANS, CONDUCTING RESEARCH AND DEVELOPMENT, PROVIDING SOCIAL SERVICES TO LOW-INCOME INDIVIDUALS THROUGHOUT THE UNITED STATES, AND FOSTERING LOW-INCOME HOUSING THROUGH THE CONSTRUCTION, REHABILITATION, FINANCING, AND OWNERSHIP OF AFFORDABLE HOUSING UNITS.
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 | $8,065,455 | $7,514,448 | +0.1% |
| Expenses | $7,389,177 | $6,767,085 | +0.1% |
| Net Income | $676,278 | $747,363 | -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 |
|---|---|---|---|---|---|---|
| JOSEPH PURCELL | CFO & TREASURER OF THE BD | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| DR BRUCE JOHNSON | SECRETARY & TRUSTEE OF BD | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| MARGE DELLAVECCHIA | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| JAKE JONES | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| SHARON HAR | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| ANNIE R FOSTER | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| MARK MORGAN | CHAIRMAN OF THE BOARD | 0.25 |
Officer
Director
|
$0 | $0 | $0 |
| PATRICIA SCHWARTZ | EXECUTIVE DIRECTOR | 35.00 |
Key Emp
|
$175,000 | $12,007 | $187,007 |
| ANN PETERSON | DIRECTOR OF SOCIAL SERVICE | 35.00 |
Highest
|
$114,833 | $12,395 | $127,228 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $8,065,455 | $7,389,177 | $62,638,667 | $676,278 |
| 2024 | $7,514,448 | $6,767,085 | $61,827,927 | $747,363 |
| 2023 | $7,269,990 | $6,895,401 | $60,886,014 | $374,589 |
| 2022 | $8,637,574 | $6,228,964 | $48,473,807 | $2,408,610 |
| 2021 | $6,564,419 | $5,938,466 | $39,587,264 | $625,953 |
| 2020 | $6,731,885 | $6,164,864 | $34,939,432 | $567,021 |
| 2019 | $6,485,537 | $5,709,399 | $9,048,576 | $776,138 |
| 2018 | $6,022,001 | $5,589,363 | $7,625,059 | $432,638 |
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