Brighton, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Family Care Network Inc, founded in 2007, is a micro nonprofit in the Mental Health sector that reported $2K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $145K exceeded revenue, resulting in a 9389% operating deficit.
To support children, adults and families with in-home resources and professional services that promote healing, wholeness and community. To provide home-based services that enable people to avoid the breakup of their home and family life. Also to strengthen their capacity to deal independently in the future.
This was a winding down year. Family Care Network Inc gave a grant to Canton Community Foundation to establish the Family Care Network Fund. This fund will be used to help families in Southeastern...
This was a winding down year. Family Care Network Inc gave a grant to Canton Community Foundation to establish the Family Care Network Fund. This fund will be used to help families in Southeastern Michigan area to keep the family unit intact. This fund will be used to assist families to remain a family unit with effective parenting strategies with age-appropiate expectations. Parents will learn how to nurture their 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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,532 | $528,640 | -1.0% |
| Expenses | $145,373 | $709,153 | -0.8% |
| Net Income | $-143,841 | $-180,513 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| Cheryl Betz | President | 50 |
Officer
|
$181,011 | $14,200 | $195,211 |
| Addie Williams | Chair | 0.50 |
Director
|
$0 | $0 | $0 |
| Gregory Schupra | Secretary | 0.50 |
Director
|
$0 | $0 | $0 |
| Thomas Yoder | Treasurer | 0.50 |
Director
|
$0 | $0 | $0 |
| James Schriemer | Vice Chairman | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,532 | $145,373 | No data | $-143,841 |
| 2024 | $528,640 | $709,153 | $338,530 | $-180,513 |
| 2023 | $451,876 | $473,515 | $350,806 | $-21,639 |
| 2022 | $550,509 | $490,321 | $372,991 | $60,188 |
| 2021 | $608,264 | $540,027 | $310,563 | $68,237 |
| 2020 | $616,514 | $587,491 | $251,304 | $29,023 |
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