MINNEAPOLIS, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NUWAY RECOVERY FOUNDATION, founded in 2018, is a community nonprofit in the Mental Health sector that reported $9.4M in total revenue in fiscal year 2024.
TO SUPPORT THE EXEMPT PURPOSES OF NUWAY HOUSE, INC.
THE NUWAY RECOVERY FOUNDATION PROVIDED HOUSING SUPPORT AND RELATED SERVICES TO PERSONS IN EARLY RECOVERY FROM SUBSTANCE USE AND CO-OCCURRING MENTAL HEALTH DISORDERS. IN 2024, THE ORGANIZATION HELPED...
THE NUWAY RECOVERY FOUNDATION PROVIDED HOUSING SUPPORT AND RELATED SERVICES TO PERSONS IN EARLY RECOVERY FROM SUBSTANCE USE AND CO-OCCURRING MENTAL HEALTH DISORDERS. IN 2024, THE ORGANIZATION HELPED 800 PERSONS ACCESS RECOVERY HOUSING EACH MONTH, AND 60 PERSONS PER MONTH IN HOUSING SUPPORTS. THE ORGANIZATION'S SEARCHABLE HOUSING DIRECTORY WAS AVAILABLE TO THE PUBLIC ON THE INTERNET AND WAS A HIGHLY UTILIZED RESOURCE FOR FINDING RECOVERY HOUSING PROVIDERS.
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 | $9,359,722 | $9,463,964 | 0.0% |
| Expenses | $9,304,958 | $7,037,074 | +0.3% |
| Net Income | $54,764 | $2,426,890 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| KENNETH ROBERTS | CHAIR | 1.00 |
Officer
Director
|
$0 | $136,807 | $455,389 |
| ANGELA HANSEN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $20,238 | $207,052 |
| TOM MEIER | TREASURER | 1.00 |
Officer
Director
|
$0 | $270,291 | $650,610 |
| MONIQUE BOURGEOIS | DIRECTOR | 1.00 |
Director
|
$0 | $107,003 | $346,582 |
| JOHN MILLER | DIRECTOR | 1.00 |
Director
|
$0 | $179,490 | $430,948 |
| JOSEPH LALLY | PRESIDENT | 50.00 |
Officer
|
$245,115 | $17,702 | $262,817 |
| DAVID VENNES | CHIEF EXECUTIVE OFFICER | 1.00 |
Officer
|
$0 | $398,650 | $878,663 |
| MARIAN SPIESS | RESIDENTIAL SERVICES DIRECTOR | 10.00 |
Key Emp
|
$0 | $25,280 | $234,425 |
| SAM WOOLERY | RECOVERY RESIDENCE RESOURCE DIRECTOR | 50.00 |
Highest
|
$138,379 | $19,364 | $157,743 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $9,359,722 | $9,304,958 | $4,910,117 | $54,764 |
| 2023 | $9,683,390 | $6,966,684 | $5,160,964 | $2,716,706 |
| 2022 | $5,545,832 | $5,900,347 | $2,389,011 | $-354,515 |
| 2021 | $6,551,015 | $6,180,963 | $2,836,058 | $370,052 |
| 2020 | $6,567,365 | $6,174,254 | $2,369,771 | $393,111 |
| 2019 | $116,223 | $28,486 | $1,412,307 | $87,737 |
| 2018 | $1,300,000 | No data | $1,300,000 | No data |
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