ENCINO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SINGLE PARENT IN NEED FOUNDATION, founded in 2014, is a micro nonprofit in the Mental Health sector that reported $84K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $178K exceeded revenue, resulting in a 113% operating deficit.
THE MISSION OF THE SINGLE PARENT IN NEED (SPIN) FOUNDATION IS TO PROVIDE CRISIS RELIEF FUNDING TO SINGLE-PARENT FAMILIES LIVING PREDOMINANTLY IN THE UNITED STATES. SPIN WILL ACT AS A FINANCIAL CUSHION BY PROVIDING MONETARY ASSISTANCE, OR GAP FUNDING, AS NEEDED, FOR EVERYDAY LIFE EXPENSES THAT ENCOMPASS HEALTHCARE, HOUSING, AND EDUCATION, TRANSPORTATION, AS WELL AS OTHER FUNDAMENTAL BASIC HUMAN NEEDS SUCH AS FINANCIAL ASSISTANCE FOR FOOD AND CLOTHING. SPIN WILL WORK CLOSELY WITH CHURCHES, YOUTH GROUPS AND COMMUNITY BASED OUTREACH ORGANIZATIONS TO ESTABLISH WHERE THE URGENCY FOR FUNDS IS MOST NEEDED. IN TODAY'S TOUGH ECONOMIC CLIMATE, SPIN WILL HELP THOSE WHO ARE IN A DESPERATE, AND SOMETIMES UNEXPECTED PLACE IN THEIR LIVES. WHEN THE WORLD FEELS LIKE IT'S SPINNING OUT OF CONTROL, WE'RE HERE TO LET SINGLE PARENTS KNOW THEY'RE NOT ALONE.
THE ORGANIZATION (SPIN) PROVIDES TEMPORARY CRISIS RELIEF FUNDING TO SINGLE-PARENT FAMILIES. ACTING AS A ONE-TIME FINANCIAL CUSHION, SPIN IS ABLE TO RELIEVE SOME OF THE INTENSE FINANCIAL PRESSURE...
THE ORGANIZATION (SPIN) PROVIDES TEMPORARY CRISIS RELIEF FUNDING TO SINGLE-PARENT FAMILIES. ACTING AS A ONE-TIME FINANCIAL CUSHION, SPIN IS ABLE TO RELIEVE SOME OF THE INTENSE FINANCIAL PRESSURE SINGLE PARENTS ENDURE. WE KNOW THAT IN TIMES OF FINANCIAL STRESS IT IS OFTEN DIFFICULT TO EMOTIONALLY GIVE 100% TO OUR CHILDREN. SPIN WAS CREATED TO LESSEN THE PRESSURE IN HOPES THAT SINGLE PARENTS WILL BE ABLE TO REFOCUS STRESS INTO NEW OPPORTUNITIES FOR THEIR FAMILIES. SPIN WORKS WITH OTHER COMMUNITY-BASED ORGANIZATIONS TO ASSESS THE NEEDS OF SPECIFIC FAMILIES AND TO HELP WHERE WE CAN. SPIN PROVIDES MONETARY ASSISTANCE FOR EVERYDAY LIFE EXPENSES THAT ENCOMPASS: HEALTHCARE, HOUSING, EDUCATION, TRANSPORTATION, AS WELL AS OTHER FUNDAMENTAL BASIC HUMAN NEEDS SUCH AS FINANCIAL ASSISTANCE FOR FOOD AND CLOTHING. IN 2023, THE ORGANIZATION PROVIDED GRANTS AND NON-CASH GIFTS TO 43 SINGLE PARENT FAMILIES.
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 | $83,615 | $252,225 | -0.7% |
| Expenses | $178,494 | $165,267 | +0.1% |
| Net Income | $-94,879 | $86,958 | -2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| TAMARA MANDEL MBA MPP | PRESIDENT, DIRECTOR | 20.00 |
Officer
Director
|
$70,500 | $7,633 | $78,133 |
| ANGELA MANDEL | TREASURER, DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN CARLSON | SECRETARY, DIRECTOR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $83,615 | $178,494 | $95,423 | $-94,879 |
| 2022 | $252,225 | $165,267 | $190,180 | $86,958 |
| 2021 | $103,886 | $168,486 | $103,576 | $-64,600 |
| 2020 | $276,298 | $165,467 | $168,098 | $110,831 |
| 2019 | $250,172 | $268,424 | $62,340 | $-18,252 |
| 2018 | $150,368 | $182,792 | $75,066 | $-32,424 |
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