Saint Paul, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CENTER FOR ECONOMIC INCLUSION, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $4.3M in total revenue in fiscal year 2022. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $6.5M exceeded revenue, resulting in a 49% operating deficit.
The Center for Economic Inclusion is an organization committed to strengthening the Minneapolis - Saint Paul region's civic infrastructure and collective capacity to disrupt systems and influence market forces to catalyze shared prosperity and advance an inclusive economy.
Racial Equity Consulting Services for Employers & Government Agencies: We collaborate with employers to provide organizational consulting services in 5 Pillars of Racially Responsive Employer Action...
Racial Equity Consulting Services for Employers & Government Agencies: We collaborate with employers to provide organizational consulting services in 5 Pillars of Racially Responsive Employer Action (People, Procurement, Policy, Philanthropy and Products) while measuring and improving organizational effectiveness nationally and throughout the region.
Driving Shared Accountability for Data Informed Action: We elevate disaggregated data leveraging our Indicators for an Inclusive Regional Economy (TM) to produce dashboards, reports and publications...
Driving Shared Accountability for Data Informed Action: We elevate disaggregated data leveraging our Indicators for an Inclusive Regional Economy (TM) to produce dashboards, reports and publications elevating regional trends in inclusive economic growth and competitiveness, racial equity, and corporate action. Our researchers, analysts and consultants offer solutions to help leaders make data informed decisions that address the roots of systemic racism to close racial wealth gaps and stimulate inclusive economic growth.
Education, Coaching and Awareness: We curate experiential learning events, trainings, and workshops designed to raise awareness, foster shared accountability, drive action, and build ambassadors for...
Education, Coaching and Awareness: We curate experiential learning events, trainings, and workshops designed to raise awareness, foster shared accountability, drive action, and build ambassadors for action. Our campaigns inform, equip and inspire employers and policymakers, for example, to invest in regional workforce development to: * Build racially inclusive, equitable and engaging workplaces * Leverage inclusive workplaces to increase productivity and market growth * Drive public policy change through lobbying and regional advocacy * Facilitate cross-racial, multi-sector partnerships for increased awareness, action, and accountability * Elevate the economic imperative of closing racial wealth gaps by investing in Black, Indigenous, Latinx, and Asian individuals, businesses, and communities.
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 | $4,329,571 | $9,776,985 | -0.6% |
| Expenses | $6,465,591 | $4,078,094 | +0.6% |
| Net Income | $-2,136,020 | $5,698,891 | -1.4% |
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 |
|---|---|---|---|---|---|---|
| Tawanna Black | Founder and Chief Executive Officer | 40 |
Officer
|
$350,600 | $40,615 | $391,215 |
| Suzanne Kelly | Chief of Staff | 40.0 |
Key Emp
|
$178,600 | $39,395 | $217,995 |
| Anthony Tolliver | Sr Director of Workforce Innovation | 40 |
Key Emp
|
$155,600 | $36,399 | $191,999 |
| Andrea Ferstan | VP of Systems Innovation | 40 |
Key Emp
|
$158,564 | $15,796 | $174,360 |
| Nathan Arnosti | Director of Analytics | 40 |
Highest
|
$116,411 | $11,324 | $127,735 |
| Michele Pletcher | VP of Finance and Operations | 40 |
Officer
|
$88,350 | $7,645 | $95,995 |
| William Barney | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Repa Mekha | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Adair Mosley | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Joseph Nayquonabe | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Toni Carter | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Sam Yamoah Jr | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Karen Hudson | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Dionne Gumbs | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Elliot Jaffee | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Kimberly Randolph | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Ro Adebiyi | Board Chair | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth LaChance | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $4,329,571 | $6,465,591 | $7,738,892 | $-2,136,020 |
| 2021 | $9,776,985 | $4,078,094 | $9,315,769 | $5,698,891 |
| 2020 | $3,184,549 | $3,458,979 | $3,798,554 | $-274,430 |
Compare CENTER FOR ECONOMIC INCLUSION with other nonprofits in Minnesota and across the country.