Fairbanks, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NORTHERN HOPE CENTER, founded in 2013, is a small nonprofit in the Mental Health sector that reported $781K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $704K left a modest 10% surplus.
The mission of the Northern Hope Center (NHC) is to provide adults with serious mental illness relief from isolation and stigma. The center provides a member-driven, member-run, comfortable and safe place. NHC promotes empowerment by providing opportunities free from the stress, guilt, shame, and demands of society.
Northern Hope Center's Member Services program provides targeted financial and practical support to help members meet daily needs, reduce crises, and stay engaged in services. The program is designed...
Northern Hope Center's Member Services program provides targeted financial and practical support to help members meet daily needs, reduce crises, and stay engaged in services. The program is designed to remove immediate barriers, allowing members to focus on recovery, housing, and employment. Assistance may include groceries, household items, personal hygiene and cleaning products, partial support for rent, deposits, and past-due utilities, as well as limited help with medical-related costs such as co-pays and pharmacy items. Member Services also supports transportation through taxi vouchers and other rides for medical appointments, job interviews, housing appointments, and essential errands. Laundry tokens, clothing, and limited gift cards for groceries, gas, or essential retail are provided when needed. Support is based on clear criteria and documented need, and staff work with each person to connect this assistance to simple, concrete goals such as keeping appointments, completing applications, or starting a new job.
Northern Hope Center operates Monday through Friday from 8:00 a.m. to 4:00 p.m., offering a safe, structured drop-in environment for adults with serious mental illness and co-occurring challenges...
Northern Hope Center operates Monday through Friday from 8:00 a.m. to 4:00 p.m., offering a safe, structured drop-in environment for adults with serious mental illness and co-occurring challenges. While at the center, members have access to two meals per day (breakfast and lunch), with options to eat onsite or take meals to go. They can use computers, internet, and phones to manage benefits, housing, job search, and telehealth appointments, relax in a comfortable lounge with television and reading materials, and participate in craft and art activities led by staff, volunteers, or members. Food is purchased from local grocery stores, prepared at the center, and supplemented with donations from the Fairbanks Community Food Bank and member contributions. Donated food is either prepared onsite or sent home with members. The center functions as a consistent, stigma-free hub where people can eat, rest, connect with peers, and work on personal goals.
Case management and peer support are central to Northern Hope Center's model in FY 2025. The Case Manager and peer staff provide one-to-one assistance to help members navigate complex systems and...
Case management and peer support are central to Northern Hope Center's model in FY 2025. The Case Manager and peer staff provide one-to-one assistance to help members navigate complex systems and sustain progress over time. This includes help with identification, Social Security applications, Medicaid and other benefits, housing applications, landlord communication, and tenancy issues. Staff also support members in scheduling and preparing for medical, behavioral health, and court appointments and coordinate with Tribal health organizations, community mental health providers, shelters, and justice partners. Basic budgeting, planning, and problem-solving skills are incorporated into this work, enabling members to strengthen their daily stability. Staff maintain regular contact, track progress, and adjust plans as needs change, which allows members to make measurable gains in housing, benefits, and treatment engagement.
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 | $780,859 | $578,750 | +0.3% |
| Expenses | $704,040 | $602,038 | +0.2% |
| Net Income | $76,819 | $-23,288 | -4.3% |
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 |
|---|---|---|---|---|---|---|
| Karen Blackburn | Executive Director | 86.67 |
Director
|
$129,396 | $0 | $129,396 |
| WILLIAM GADDIS | CLINICAL DIRECTOR | 40.00 |
Director
|
$100,000 | $0 | $100,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $780,859 | $704,040 | $197,650 | $76,819 |
| 2024 | $578,750 | $602,038 | $89,425 | $-23,288 |
| 2023 | $430,315 | $460,859 | $120,199 | $-30,544 |
| 2022 | $460,686 | $468,252 | $151,267 | $-7,566 |
| 2021 | $614,255 | $479,114 | $159,014 | $135,141 |
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