ANCHORAGE, AK
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PARACHUTE MINISTRIES, founded in 2006, is a small nonprofit that reported $103K in total revenue in fiscal year 2019. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $148K exceeded revenue, resulting in a 43% operating deficit.
TO PROVIDE A DROP-IN CENTER FOR TEENS AGES 13-18 WITH VARIOUS ACTIVITIES SUCH AS VIDEO GAMES, POOL TABLE, COMPUTERS, PING-PONG TABLE, A SMALL CAFE AND CARING ADULT VOLUNTEERS THAT WANT TO SHARE THEIR LIVES WITH YOUTH.
DURING THE CURRENT YEAR, PARACHUTES DROP-IN CENTER EXPERIENCED MANY YOUTH VISITS. THERE WERE OPPORTUNITIES FOR YOUTH TO VOLUNTEER IN THE COMMUNITY AND PARACHUTES ALSO OFFERS JOB TRAINING AND A NUMBER...
DURING THE CURRENT YEAR, PARACHUTES DROP-IN CENTER EXPERIENCED MANY YOUTH VISITS. THERE WERE OPPORTUNITIES FOR YOUTH TO VOLUNTEER IN THE COMMUNITY AND PARACHUTES ALSO OFFERS JOB TRAINING AND A NUMBER OF RESOURCES FOR A VARIETY OF YOUTH ISSUES.
PARACHUTES WAS GIVEN GRANTS TO FURTHER THEIR GOALS BY PROVIDING TRAINING FOR YOUTH SERVING ORGANIZATIONS AND FOR SPECIFIC OUTREACH MINISTRIES SUCH AS THE TABLE, MAN'S GROUP, AND VARIOUS OUTDOOR...
PARACHUTES WAS GIVEN GRANTS TO FURTHER THEIR GOALS BY PROVIDING TRAINING FOR YOUTH SERVING ORGANIZATIONS AND FOR SPECIFIC OUTREACH MINISTRIES SUCH AS THE TABLE, MAN'S GROUP, AND VARIOUS OUTDOOR ACTIVITIES.
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)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $103,289 | $251,127 | -0.6% |
| Expenses | $147,591 | $244,661 | -0.4% |
| Net Income | $-44,302 | $6,466 | -7.9% |
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 |
|---|---|---|---|---|---|---|
| JOHN WAKEFIELD | PRESIDENT | 3.00 |
Officer
|
$0 | $0 | $0 |
| LAURI LACIE | VICE PRESIDE | 3.00 |
Officer
|
$0 | $0 | $0 |
| ABRAHAM GILILA | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $103,289 | $147,591 | $8,552 | $-44,302 |
| 2018 | $251,127 | $244,661 | $89,222 | $6,466 |
Compare PARACHUTE MINISTRIES with other nonprofits in Alaska and across the country.