Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)My Very Own Bed, founded in 2014, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $956K left a modest 9% surplus.
To provide new beds and linens to children of families who have recently secured stable housing. Founded in 2014 as a non-profit, the primary goal of the Organization is to provide new beds to children moving into stable housing. By 2024, the Organization has provided more than 9,000 beds and Dream Kits to children ages 2-17 in the Twin Cities and surrounding suburbs.
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 | $1,051,697 | $1,004,422 | +0.0% |
| Expenses | $956,035 | $850,356 | +0.1% |
| Net Income | $95,662 | $154,066 | -0.4% |
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 |
|---|---|---|---|---|---|---|
| Maria Holm | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Peter Lee | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nikki Nethercot-Niermann | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Terri Lee | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jamesetta Brown | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Stefan Smith | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kelly Wolfe | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rachael Abrahamson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Andre LaMere | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Brendon Pittman | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Allen | Executive Director | 40.00 |
Officer
|
$76,923 | $0 | $76,923 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,051,697 | $956,035 | $949,178 | $95,662 |
| 2023 | $1,004,422 | $850,356 | $695,989 | $154,066 |
| 2022 | $925,000 | $890,814 | $507,068 | $34,186 |
| 2021 | $753,452 | $564,605 | $430,405 | $188,847 |
| 2021 | $701,525 | $637,777 | $296,876 | $63,748 |
| 2021 | $698,806 | $628,620 | $296,876 | $70,186 |
| 2020 | $419,598 | $357,640 | $228,562 | $61,958 |
| 2019 | $356,292 | $234,346 | $177,168 | $121,946 |
Compare My Very Own Bed with other nonprofits in Minnesota and across the country.