LA VETA, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LA VETA VILLAGE INC, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $424K in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. Expenses of $597K exceeded revenue, resulting in a 41% operating deficit.
ASSIST SENIORS WHO CAN NO LONGER LIVE INDEPENDENTLY TO REMAIN AS HEALTHY AND ACTIVE AS POSSIBLE IN FAMILIAR, SUPPORTIVE SURROUNDINGS IN THE VIBRANT COMMUNITY OF LA VETA, COLORADO.
LA VETA VILLAGE - ON APRIL 28, 2022 THE ORGANIZATION RECEIVED ITS CERTIFICATE OF OCCUPANCY FOR A 16-BED STATE-OF-THE-ART SENIOR ASSISTED LIVING CENTER WITH ENOUGH SPACE TO ALSO SERVE AS A SENIORS...
LA VETA VILLAGE - ON APRIL 28, 2022 THE ORGANIZATION RECEIVED ITS CERTIFICATE OF OCCUPANCY FOR A 16-BED STATE-OF-THE-ART SENIOR ASSISTED LIVING CENTER WITH ENOUGH SPACE TO ALSO SERVE AS A SENIORS GATHERING PLACE FOR THE TOWN OF LA VETA, COLORADO. ON SEPTEMBER 22, 2022, THE ORGANIZATION RECEIVED ITS OFFICIAL LICENSE FROM THE STATE TO OPERATE AS AN ASSISTED LIVING RESIDENCE. THE FIRST ROOM RENTALS COMMENCED ON OCTOBER 1, 2022.
COMMUNITY FOOD BANK - DURING 2023 THE ORGANIZATION CONTINUED TO PROVIDE FOOD FOR OLDER ADULTS AND AREA FAMILIES. THE NEED FOR THIS SERVCIE HAS PERSISTED SINCE THE BRUNT OF THE PANDEMIC. FUNDED...
COMMUNITY FOOD BANK - DURING 2023 THE ORGANIZATION CONTINUED TO PROVIDE FOOD FOR OLDER ADULTS AND AREA FAMILIES. THE NEED FOR THIS SERVCIE HAS PERSISTED SINCE THE BRUNT OF THE PANDEMIC. FUNDED PRIMARILY THROUGH DONOR RESTRICTED GIFTS AND USING DONATED SPACE AT A TOWN CENTER, 1,396 CITIZENS WERE BENEFITTED IN 2023. FOR THE GROCERY SHOPPING SERVICE, 5 UNIQUE HOUSEHOLDS WERE SERVED.
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 | $424,226 | $246,168 | +0.7% |
| Expenses | $597,004 | $255,077 | +1.3% |
| Net Income | $-172,778 | $-8,909 | +18.4% |
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 |
|---|---|---|---|---|---|---|
| MAX VEZZANI | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID RODEN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JEANNE SCHWARZ | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| PAT NETTESHEIM | CHAIR PERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLYN FRAZEE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARAH HOFFMAN | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $424,226 | $597,004 | $4,403,610 | $-172,778 |
| 2022 | $246,168 | $255,077 | $4,588,303 | $-8,909 |
| 2021 | $703,904 | $112,171 | $4,062,237 | $591,733 |
| 2020 | $280,871 | $64,658 | $600,508 | $216,213 |
| 2019 | $234,083 | $26,268 | $381,452 | $207,815 |
Compare LA VETA VILLAGE INC with other nonprofits in Colorado and across the country.