SAINT PAUL, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HOURCAR, founded in 2016, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum.
HOURCAR IS A LOCAL SHARED-MOBILITY NONPROFIT ORGANIZATION. WE CONNECT PEOPLE TO THEIR COMMUNITIES WITH CONVENIENT, EQUITABLE, AND SUSTAINABLE MULTIMODAL TRANSPORTATION.
ROUND TRIP CARSHARE SERVICEHOURCAR OPERATES A ROUND TRIP SERVICE USING GAS-POWERED, HYBRID, AND ELECTRIC VEHICLES. HOURCAR VEHICLES ARE PLACED AT OFF-STREET HUBS THROUGHOUT THE GREATER TWIN CITIES...
ROUND TRIP CARSHARE SERVICEHOURCAR OPERATES A ROUND TRIP SERVICE USING GAS-POWERED, HYBRID, AND ELECTRIC VEHICLES. HOURCAR VEHICLES ARE PLACED AT OFF-STREET HUBS THROUGHOUT THE GREATER TWIN CITIES REGION. MEMBERS PICK UP AND RETURN THE CAR TO THE SAME HUB. MEMBERS CAN RESERVE CARS UP TO SIX MONTHS IN ADVANCE. HOURCAR PROVIDES A VARIETY OF DIFFERENT VEHICLE TYPES (COMPACT CARS, SEDANS, HATCHBACKS, SUVS) TO MEET MEMBERS' DIFFERENT TRIP NEEDS. IN 2023, HOURCAR OPERATED 50 GAS-POWERED AND/OR HYBRID VEHICLES AND 30 ALL-ELECTRIC VEHICLES IN ITS ROUND-TRIP SERVICE. 2,634 UNIQUE USERS TOOK 23,449 TRIPS SPANNING 1.1 MILLION MILES, REDUCING AN ESTIMATED 1,452 METRIC TONS OF GREENHOUSE GAS EMISSIONS. 34% OF TOTAL UTILIZATION CAME FROM BIPOC/NON-WHITE USERS, 45% OF TOTAL UTILIZATION CAME FROM VERY LOW-INCOME USERS, AND 20% OF TOTAL UTILIZATION CAME FROM BIPOC/NON-WHITE USERS WHO ARE ALSO VERY LOW-INCOME. USERS SAVED AN ESTIMATED $6.7 MILLION ON TRANSPORTATION COSTS. EVIE COMMUNITY CARSHAREEVIE COMMUNITY CARSHARE IS A ONE-WAY SERVICE FEATURING 170 ELECTRIC VEHICLES POWERED BY 100% RENEWABLE ENERGY. EVIE CARSHARE IS OPERATED BY HOURCAR UNDER CONTRACT TO THE CITIES OF SAINT PAUL AND MINNEAPOLIS. EVIE CARSHARE IS PART OF THE EV SPOT NETWORK, WHICH WAS PLANNED AND IMPLEMENTED THROUGH A PUBLIC-PRIVATE PARTNERSHIP THAT INCLUDES THE CITIES OF SAINT PAUL AND MINNEAPOLIS, HOURCAR, XCEL ENERGY, EAST METRO STRONG, AND THE AMERICAN LUNG ASSOCIATION. EVIE CARSHARE PROVIDES FREE-FLOATING, ONE-WAY TRIPS; USERS CAN PICK UP A CAR ON THE STREET ANYWHERE WITHIN A 35-SQ-MILE AREA OF SAINT PAUL AND MINNEAPOLIS, AND END A TRIP IN ANY 2-HOUR-OR-LONGER ON-STREET PARKING SPACE. IN 2023, 3,724 USERS TOOK 127,244 TRIPS SPANNING 1.3 MILLION MILES AND REDUCING AN ESTIMATED 3,646 METRIC TONS OF GREENHOUSE GAS. 43% OF TOTAL UTILIZATION CAME FROM BIPOC/NON-WHITE USERS, 43% OF TOTAL UTILIZATION CAME FROM VERY LOW-INCOME USERS, AND 21% OF TOTAL UTILIZATION CAME FROM BIPOC/NON-WHITE USERS WHO ARE ALSO VERY LOW-INCOME. USERS SAVED AN ESTIMATED $9.5 MILLION ON TRANSPORTATION COSTS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,210,613 | $3,345,040 | +0.3% |
| Expenses | $4,193,012 | $3,008,184 | +0.4% |
| Net Income | $17,601 | $336,856 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| KEVIN LAWLESS | CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAIF BENJAAFAR | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| ANJALI BAINS | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SUSAN JEPSON | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| WILL SCHROEDER | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALEXANDER POTTER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHANNA SMRCINA | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| FERNANDA DE LA TORRE MARIN | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| PAUL SCHROEDER | CEO | 40.00 |
Officer
|
$91,844 | $10,410 | $102,254 |
| MELISSA SUMMERS | COO | 40.00 |
Officer
|
$69,363 | $0 | $69,363 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $4,210,613 | $4,193,012 | $2,246,653 | $17,601 |
| 2022 | $3,345,040 | $3,008,184 | $1,761,100 | $336,856 |
| 2021 | $1,812,523 | $1,849,322 | $749,324 | $-36,799 |
| 2020 | $1,035,349 | $1,166,018 | $477,075 | $-130,669 |
| 2019 | $1,018,797 | $1,127,857 | $392,639 | $-109,060 |
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