Newaygo, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)To act as an advocate and service provider for persons facing housing needs or experiencing food insecurity, especially those who are displaced or at risk of displacement; including owning properties, and/or forming partnerships to promote, facilitate, and/or operate housing, food and self-sufficiency programs, assist economic development, provide social services, engaging in activities that further our purpose, and nurture spiritual programs and services that foster the stabilization and empowerment of the community. The corporation is organized exclusive for charitable and educational purposes under Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.
Housing Self-Sufficiency Program: Provided transitional housing, case management, financial education, food and other essential assistance to 14 households which included 24 unique people of which 10...
Housing Self-Sufficiency Program: Provided transitional housing, case management, financial education, food and other essential assistance to 14 households which included 24 unique people of which 10 were minor children. Participants stayed within our transitional housing units for an average of four months. Of the 14 households, 2 participants purchased a home, 4 moved into private landlord housing, 1 moved into income-based housing, 2 moved in with supportive family, 1 moved into an unstable shelter, and 3 were still residing in our housing and working on their goals at the end of our fiscal year. The Cookery Program: Provide family sized frozen entrees to assist low-income households and Hope 101 participants to ease their food burden as well as to ensure families are able to get adequate protein nutrition if they cannot afford it or cannot regularly obtain it through food trucks and pantry support services. Provided part-time employment to three program participants, funded ServSafe certification to two individuals, provided 90 family sized entrees to local food pantries, provided over 500 family sized meals to those in need. The program service expenses include the costs of the housing expenses including, utilities, insurance, maintenance, supplies and furniture. It also includes the costs of the program services given to directly benefit the program participants including gas cards, incentives, mini-grants, food ingredients, labor to prepare the food, bedding, car repairs, case management and apartment application fees.
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 | N/A | $238,181 | -1.0% |
| Expenses | $57,531 | $235,574 | -0.8% |
| Net Income | N/A | $2,607 | N/A |
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 |
|---|---|---|---|---|---|---|
| Julie Vitale | Executive Director | 11 |
Key Emp
|
$21,415 | $0 | $21,415 |
| Alex Eising | Case Manager | 10 |
Key Emp
|
$6,602 | $0 | $6,602 |
| Deb Prins | Trustee and Bookeeper | 4 |
Key Emp
|
$910 | $0 | $910 |
| Traci Slager | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Paul Piccard | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Tina Wightman | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Robin Van Wyk | Trustee | 1 |
Director
|
$0 | $0 | $0 |
| Kristi Foster | Program Director and Secretary | 4 |
Officer
|
$0 | $0 | $0 |
| Dan Welch | President | 1 |
Officer
|
$0 | $0 | $0 |
| Brendan Hughes | Treasurer | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | $57,531 | $436,282 | No data |
| 2023 | $97,564 | $83,333 | $257,235 | $14,231 |
| 2022 | $95,466 | $86,515 | $241,231 | $8,951 |
| 2021 | $61,495 | $46,554 | $232,281 | $14,941 |
| 2020 | $51,136 | $44,853 | $217,340 | $6,283 |
| 2019 | $56,547 | $49,259 | $211,057 | $7,288 |
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