Nantucket, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Green Spa Network Inc, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $346K in total revenue in fiscal year 2022. Expenses of $420K exceeded revenue, resulting in a 21% operating deficit.
THE PURPOSES FOR WHICH THE CORPORATION IS FORMED AND WHICH ARE TO BE PROMOTED OR CARRIED ON BY THE CORPORATION ARE TO OPERATE EXCLUSIVELY AS A TRADE ASSOCIATION FOR BUSINESSES WITHIN THE SPA INUSTRY AND: 1. TO BRING SUSTAINABLE DESIGN AND OPERATING PRACTICES TO THE SPA INDUSTRY AND TO PROMOTE FOR THE BENEFIT OF THAT INDUSTRY THE NATURAL CONNECTIONS BETWEEN PERSONAL WELL-BEING, ECONOMIC SUSTAINABILITY AND THE HEALTH OF THE PLANET,2. TO PROVIDE ENVIRONMENTAL EDUCATION TO BUSINESSES ENGAGED IN THE PROVISION OF SPA SERVICES, INCLUDING DAY SPAS, RESORT SPAS, HOTEL SPAS ANDOTHER RELATED BUSINESSES, 3. TO CREATE AND ADMINISTER A PROGRAM FOR THE VOLUNTARY ENVIRONMENTAL SELF-ASSESSMENT OF MEMBERS OF THE SPA INDUSTRY, 4. TO CREATE, RGANIZE, ADMINISTER AND MAINTAIN A REPOSITORY, AVAILABLE TO MEMBERS, CONTAINING INFORMATION HELPFUL TO OPERATING SPAS THAT SEEK TO IMPROVE THEIR LEVEL OF ENVRNMENT STEWARDSHIP RELATED TO ENERGY CONSERVATION
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $346,243 | $335,803 | +0.0% |
| Expenses | $420,079 | $336,741 | +0.2% |
| Net Income | $-73,836 | $-938 | +77.7% |
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 |
|---|---|---|---|---|---|---|
| Dara Mayhew | Executive Dir. | 40.00 |
Director
|
$0 | $0 | $0 |
| Michael Bruggerman | Secretary | 4.00 |
Director
|
$0 | $0 | $0 |
| Helen Brown | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Julie Andrews | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Brett Dugan | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Maggy Dunphy | President & CEO | 10.00 |
Director
|
$0 | $0 | $0 |
| Kate Morrison | Treasurer | 4.00 |
Director
|
$0 | $0 | $0 |
| Nicole Lampsa | Vice President | 4.00 |
Director
|
$0 | $0 | $0 |
| Charne Le Roux | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $346,243 | $420,079 | $34,223 | $-73,836 |
| 2021 | $335,803 | $336,741 | $106,320 | $-938 |
| 2020 | $286,903 | $260,961 | $104,420 | $25,942 |
| 2019 | $511,062 | $548,119 | $14,817 | $-37,057 |
| 2018 | $514,895 | $638,175 | $63,019 | $-123,280 |
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