DENVER, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROVIDENCE NETWORK fka THE EXECUTIVE NETWORK, founded in 1987, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $2.5M exceeded revenue, resulting in a 30% operating deficit.
PROVIDENCE NETWORK IS AN URBAN,CHRISTIAN FAITH BASED, TRANSFORMATIONAL HOUSING ORGANIZATION THAT HELPS IMPOVERISHED MEN, WOMEN AND FAMILIES HEAL FROM ADDICTIONS, ABUSE AND HOMELESSNESS TO BECOME SELF-SUFFICIENT, PRODUCTIVE MEMBERS OF THE COMMUNITY. WE ACHIEVE THIS THROUGH A LIVING-IN-COMMUNITY MODEL THAT INCLUDES A 2-YEAR "FIRSTSTEP" TRANSITIONAL HOUSING PROGRAM OF INDIVIDUAL COUNSELING, GROUP THERAPY, VOCATIONAL ASSISTANCE, LIFE SKILLS DEVELOPMENT, SPIRITUAL NURTURANCE, AND STRICT ACCOUNTABILITY WITH "24/7" LIVE-IN STAFF. GRADUATES ARE ABLE TO CONTINUE THEIR GROWTH IN OUR "NEXTSTEP" DRUG & ALCOHOL-FREE AFFORDABLE AND SUPPORTIVE APARTMENT COMMUNITIES.
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 | $1,912,805 | $1,946,930 | 0.0% |
| Expenses | $2,480,445 | $2,192,696 | +0.1% |
| Net Income | $-567,640 | $-245,766 | +1.3% |
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 |
|---|---|---|---|---|---|---|
| ANDREW CHAPIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM CRAWFORD | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| JERRY MIDDEL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID MILHOLM | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KACEY PICKARD | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| F KEVIN KURTZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHAD SCHERER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK KUYKENDALL | EXECUTIVE DIRECTOR | 40.00 |
|
$0 | $0 | $0 |
| ANDY CANNON | HOMES DIRECTOR | 30.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,912,805 | $2,480,445 | $9,086,664 | $-567,640 |
| 2024 | $1,946,930 | $2,192,696 | $9,253,320 | $-245,766 |
| 2023 | $2,290,463 | $2,063,988 | $9,890,135 | $226,475 |
| 2022 | $1,727,887 | $1,897,505 | $9,440,900 | $-169,618 |
| 2021 | $2,282,178 | $1,942,481 | $9,591,929 | $339,697 |
| 2020 | $1,626,858 | $1,930,110 | $9,747,432 | $-303,252 |
| 2019 | $1,918,059 | $1,883,147 | $9,755,878 | $34,912 |
Compare PROVIDENCE NETWORK fka THE EXECUTIVE NETWORK with other nonprofits in Colorado and across the country.