OAKLAND PARK, FL
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)SOLUTION CENTER OF SOUTH FLORIDA IN, founded in 2016, is a micro nonprofit that reported $27K in total revenue in fiscal year 2018. The organization ran a surplus of $14K, a strong 51% operating margin.
THE CORPORATION IS FORMED FOR CHARITABLE PURPOSES WITHIN THE MEANING OF 501 (C)(3) OF THE INTERNAL REVENUE CODE TO BE A PUBLIC CHARITY WHICH RAISES FUNDS FOR THE PURPOSES OF ASSISTING AND PROVIDING SERVICES TO LOW INCOME INDIVIDUALS AND FAMILIES TO CHANGE THE FOCUS FROM PAST NEGATIVE BEHAVIORS AND PROBLEMS TO VISUALIZATION AND REALIZATION OF A DESIRED VISION OF THE FUTURE WHERE PROBLEMS ARE SOLVED AND HELP THESE INDIVIDUALS AND FAMILIES CONSTRUCT A POSITIVE SPECIFIC SOLUTION TO MAKING THE DESIRED VISION A REALITY BY ASSISTING THESE INDIVIDUALS AND FAMILIES IN DEFINING THEIR OWN DEFINITIONS OF GOALS, STRATEGIES, RESOURCES, AND STRENGTHS AND OTHER RELATED PUBLIC PURPOSES.
THE CORPORATION WILL PROVIDE COUNSELING SERVICES FROM LICENSED MASTER'S LEVEL CLINICAL SOCIAL WORKERS (LCSW), LICENSED MENTAL HEALTH CLINICIANS (LMHC), OR A LICENSED MARRIAGE AND FAMILY THERAPIST...
THE CORPORATION WILL PROVIDE COUNSELING SERVICES FROM LICENSED MASTER'S LEVEL CLINICAL SOCIAL WORKERS (LCSW), LICENSED MENTAL HEALTH CLINICIANS (LMHC), OR A LICENSED MARRIAGE AND FAMILY THERAPIST (LMFT), UTILIZING SOLUTION FOCUSED BRIEF THERAPY (SFBT) IN A CONFIDENTIAL OFFICE OR IN THE HOME FOR THOSE WHO DO NOT HAVE ACCESS TO TRANSPORTATION. CLIENT COST FOR INDIVIDUAL THERAPY WILL BE BASED ON A SLIDING FEE SCALE THAT WILL NOT EXCEED THE STATE'S MEDICAID ESTABLISHED RATES. NO ONE WILL BE TURNED AWAY FOR AN INABILITY TO PAY. ELIGIBILITY IS DETERMINED BY THE CLIENT'S SELF-REPORTED NEED. FINANCIAL ELIGIBILITY FOR SLIDING FEE SCALE WILL BE BASED ON INCOME VERIFICATION OR A NOTARIZED LETTER FOR THOSE WHO DO NOT HAVE A SOURCE OF INCOME, VERIFICATION OF SHELTER, AND A PLAN TO OBTAIN INCOME SUITABLE TO SUSTAIN HOUSING. THE CORPORATION WILL PROVIDE FINANCIAL AID IN THE FORM OF AN INTEREST FREE LOAN SO THAT CLIENTS CAN PAY ARREARAGES AS NEEDED ON MORTGAGES, RENT, UTILITIES, AND SUPPLIES NEEDED TO OBTAIN SUSTAINABLE EMPLOYMENT. THIS IS DESIGNED TO ASSIST THE CLIENT IN MAINTAINING OR OBTAINING BASIC NEEDS AND REDUCE CRISIS SO THAT COUNSELING SERVICES CAN BE EFFECTIVELY DELIVERED. ELIGIBILITY FOR FINANCIAL AID IN THE FORM OF AN INTEREST FREE LOAN CONSISTS OF VERIFICATION OF AMOUNT BEING REQUESTED, SUSTAINABILITY PLAN, AND PROMISSORY REPAYMENT AGREEMENT. REPAYMENTS COLLECTED WILL BE UTILIZED TO ASSIST FUTURE CLIENTS IN NEED.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $27,000 | N/A | N/A |
| Expenses | $13,275 | N/A | N/A |
| Net Income | $13,725 | N/A | N/A |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| NAMCY RUDES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MONICA SALGADO-VIDAL | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| DONALD G SINCLAIR | TREASURER/SE | 5.00 |
Officer
|
$0 | $0 | $0 |
| MARLENE HOLDER | PRESIDENT | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2019 | $27,000 | $13,275 | $13,725 | $13,725 |
Compare SOLUTION CENTER OF SOUTH FLORIDA IN with other nonprofits in Florida and across the country.