Atlanta, GA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASSURANT CARES EMPLOYEE SUPPORT FUND, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2020. Revenue surged 583% from the prior year, signaling strong growth momentum.
The Assurant Cares Employee Support ACES Fund provides emergency financial assistance to Assurant employees who encounter extraordinary hardships due to catastrophic natural disasters such as floods hurricanes earthquakes fires or similar crisis circumstances beyond their control or the control of their families. In 2020 the ACES Fund Board approved a special resolution to provide emergency financial hardship grants to Assurant employees adversely affected by the global COVID-19 pandemic to assist with food housing child elder care and similar essential and immediate needs. A special COVID-19 Emergency Task Force was put in place for this special initiative that launched in March 2020 and wrapped up in August 2020.
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)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $1,114,782 | $163,289 | +5.8% |
| Expenses | $1,097,326 | $52,750 | +19.8% |
| Net Income | $17,456 | $110,539 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| Shawn Kahle | Interim Chair | 10.00 |
Officer
|
$0 | $0 | $0 |
| Temikia Montford | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Mark Sieb | Asst Treasury | 1.00 |
Director
|
$0 | $0 | $0 |
| Ricardo Moralez Gomez | Secretary | 1.00 |
Officer
|
$0 | $0 | $0 |
| Jeremy Purvis | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Steve Hein | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Margaret Nagle | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Monica Bomani | Member at Large | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $1,114,782 | $1,097,326 | $270,170 | $17,456 |
Compare ASSURANT CARES EMPLOYEE SUPPORT FUND with other nonprofits in Georgia and across the country.