Boulder, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ready to Work Aurora, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $2.1M exceeded revenue, resulting in a 37% operating deficit.
Ready to Work Aurora believes in, respects and empowers people who are experiencing homelessness. We connect them to housing and employment opportunities so they can realize and embrace their future.
Bridge House's Ready to Work program is a "work-first" solution to address homelessness. Ready to Work applies a business approach toward solving increasingly difficult and expensive social problems...
Bridge House's Ready to Work program is a "work-first" solution to address homelessness. Ready to Work applies a business approach toward solving increasingly difficult and expensive social problems - Homelessness, joblessness, and criminal recidivism. Founded on the belief that when given the opportunity individuals experiencing homelessness can and are willing to work, Ready to Work creates paid transitional work opportunities as the core element of a comprehensive program providing a pathway to independence for men and women experiencing homelessness. Ready to Work trainees participate in three elements of the program including paid work in a ready to work social enterprise; housing in a supportive, communal setting called Ready to Work House; and participating in case management for one year before graduating to mainstream employment and independent housing. Immediately upon acceptance into Ready to Work participants are contributing members of the community. Ready to Work House residents go to work every day, pay taxes, pay room and board, and call Ready to Work House home for one year. Currently, the program offers employment and housing to 50 men and women.
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 | $1,557,964 | $2,192,507 | -0.3% |
| Expenses | $2,134,262 | $2,017,286 | +0.1% |
| Net Income | $-576,298 | $175,221 | -4.3% |
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 |
|---|---|---|---|---|---|---|
| N/A | Vice President | 1.0 |
Officer
Director
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$0 | $0 | $0 |
| N/A | Chair/President | 1.0 |
Officer
Director
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$0 | $0 | $0 |
| N/A | President (Part Year) | 1.0 |
Officer
Director
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$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Director | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | CEO | 1.0 |
Officer
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$0 | $5,529 | $139,147 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,557,964 | $2,134,262 | $5,335,348 | $-576,298 |
| 2022 | $2,192,507 | $2,017,286 | $7,059,917 | $175,221 |
| 2021 | $1,701,663 | $1,866,521 | $5,077,262 | $-164,858 |
| 2020 | $2,323,523 | $1,918,839 | $5,214,937 | $404,684 |
| 2019 | $1,739,411 | $1,806,108 | $4,801,257 | $-66,697 |
| 2018 | $662,075 | $220,033 | $5,227,860 | $442,042 |
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