Wimbledon, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WIMBLEDON COMMUNITY GROCERY, founded in 2016, is a small nonprofit that reported $455K in total revenue in fiscal year 2024.
Increasing numbers of rural communities find themselves without a reliable healthy food source which in turn causes the decline of the community. To drive 30 miles of more for food, other than gas station convenience store items, is impossible for some and inconvenient for others. High operating costs, narrow profit margins, and affordable satisfactory labor are sited in the ND Rural Grocers 2015 survey are some of the major issues facing small groceries and causing a rising number of closures. This partially caused the sale of the privately owned Wimbledon grocery to BSG, Inc., a for profit corporation owned by stockholders in 2006. The purpose was to provide a grocery and cafe for the community and surrounding area. After 6 years operating the business had not turned a profit and BSG voted to turn over the remaining asset s to Wimbledon Grocery when the members of the non-profit corporation obtained a 501 (C)(3) exemption status. The non-profit corp operates the full service grocery.
The Wimbledon Community Grocery store is the only full-service rural grocery in a 3 county area. It provides a full line of canned goods, dairy, meat, fresh produce, frozen foods, bread, and bakery...
The Wimbledon Community Grocery store is the only full-service rural grocery in a 3 county area. It provides a full line of canned goods, dairy, meat, fresh produce, frozen foods, bread, and bakery items. It is open 7:00 a.m. to 2:00 p.m. Monday though Saturday, along with self-check out membership access 24/7. The expenses are the cost of goods and th revenue the gross sales of goods.
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 | $455,344 | $473,972 | 0.0% |
| Expenses | $462,150 | $189,387 | +1.4% |
| Net Income | $-6,806 | $284,585 | -1.0% |
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 Clemens | President | 6 |
Director
|
$0 | $0 | $0 |
| Garret Steckler | Vice President | 2 |
Officer
|
$0 | $0 | $0 |
| Linda Grotberg | Secretary/Treasurer | 10 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $455,344 | $462,150 | $70,693 | $-6,806 |
| 2022 | $480,494 | $464,435 | $63,222 | $16,059 |
| 2021 | $473,859 | $487,981 | $47,163 | $-14,122 |
| 2020 | $547,735 | $547,735 | $10,932 | No data |
| 2019 | $361,800 | $361,800 | $10,932 | No data |
| 2018 | $440,734 | $440,043 | $10,932 | $691 |
Compare WIMBLEDON COMMUNITY GROCERY with other nonprofits in North Dakota and across the country.