MIAMI, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BETTER WAY OF MIAMI INC, founded in 1984, is a community nonprofit in the Mental Health sector that reported $7.6M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $6.7M left a modest 11% surplus.
THE ORGANIZATION'S MISSION IS TO PROVIDE SHELTER, RESIDENTIAL CARE, TREATMENT, HOUSING AND SERVICES, TO INDIGENT, HOMELESS AND ADDICTED PERSONS, THEIR FAMILIES AND SUPPORTERS, IN ORDER TO MAXIMIZE THEIR CHANCES FOR A PRODUCTIVE, HEALTHY AND FULFILLING LIFE IN RECOVERY.
BETTER WAY OF MIAMI, INC. PROVIDES THE COMMUNITY WITH BEHAVIOR HEALTH SERVICES THAT ASSIST INDIVIDUALS WITH SUBSTANCE USE DISORDERS AND ADDICTION. DURING THE YEAR, THE ORGANIZATION PROVIDED SERVICES...
BETTER WAY OF MIAMI, INC. PROVIDES THE COMMUNITY WITH BEHAVIOR HEALTH SERVICES THAT ASSIST INDIVIDUALS WITH SUBSTANCE USE DISORDERS AND ADDICTION. DURING THE YEAR, THE ORGANIZATION PROVIDED SERVICES TO 320 CLIENTS.
IT OFFERS HOUSING PROGRAMS TO INDIGENT AND HOMELESS PERSONS WITH THE PURPOSES OF RETURNING CLEAN, SOBER, RESPONSIBLE, AND SELF SUFFICIENT INDIVIDUALS TO SOCIETY. THE FOLLOWING RESIDENTIAL...
IT OFFERS HOUSING PROGRAMS TO INDIGENT AND HOMELESS PERSONS WITH THE PURPOSES OF RETURNING CLEAN, SOBER, RESPONSIBLE, AND SELF SUFFICIENT INDIVIDUALS TO SOCIETY. THE FOLLOWING RESIDENTIAL ARRANGEMENTS WERE PROVIDED DURING THE CURRENT YEAR:- BASE RENTAL ASSISTANCE TO 78 CLIENTS- SINGLE ROOM APARTMENTS TO 60 CLIENTS- SINGLE ROOM OCCUPANCY TO 41 CLIENTS- BETTER WAY NORTH & BETTER WAY TO LIVE APARTMENTS TO 8 CLIENTS- NAVIGATION CENTER TO 0 CLIENTS
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 | $7,569,143 | $6,591,497 | +0.1% |
| Expenses | $6,737,183 | $6,387,439 | +0.1% |
| Net Income | $831,960 | $204,058 | +3.1% |
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 |
|---|---|---|---|---|---|---|
| NANY J CLIFF | CHAIRPERSON | 2.00 |
Director
|
$0 | $0 | $0 |
| LINDA WHITEHEAD | SECRETARY | 2.00 |
Director
|
$0 | $0 | $0 |
| AMADOR ODIO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| KEVIN C SMITH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MELISSA P ST JOHN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MARK MANDICH | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BENJI POWER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| RYAN ROELANS | PRESIDENT & CEO | 40.00 |
Officer
|
$194,346 | $0 | $194,346 |
| SAMUEL GOLDBERG | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$157,038 | $0 | $157,038 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $7,569,143 | $6,737,183 | $9,808,311 | $831,960 |
| 2024 | $6,591,497 | $6,387,439 | $8,804,678 | $204,058 |
| 2023 | $6,162,382 | $5,438,150 | $8,444,540 | $724,232 |
| 2022 | $5,581,677 | $4,459,958 | $7,764,807 | $1,121,719 |
| 2021 | $5,312,771 | $4,122,012 | $6,632,200 | $1,190,759 |
| 2020 | $5,060,929 | $4,252,892 | $5,986,175 | $808,037 |
| 2019 | $4,506,807 | $3,934,637 | $4,549,389 | $572,170 |
| 2018 | $4,323,523 | $3,964,691 | $3,981,043 | $358,832 |
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