Kalamazoo, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MEN OF PURPOSE INCORPORATED, founded in 2019, is a small nonprofit in the Education sector that reported $455K in total revenue in fiscal year 2022. Revenue surged 825% from the prior year, signaling strong growth momentum. Expenses of $427K left a modest 6% surplus.
We are preparing our youth to be successful Men providers and protectors of their families. Our lessons role model successful business ownership group economics and a cooperative community spirit. We are seeking to produce young men who add value to and who take ownership of their community. Every young man needs a positive role model and we will support this need with our Rites of Passage curriculum. We have strong eveidence based methods and more than 60 years experience working with youth in professionals settings. We work diligently to remove barriers from their lives with education and resources. Periodically we will conduct events designed to bring the community together and celebrate our youth share food and engage in meaningful dialogue that will determine a plan of action. "Faith without works is dead".....Men of Purpose will put action behind our words.
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 | $454,936 | $49,169 | +8.3% |
| Expenses | $427,379 | $42,219 | +9.1% |
| Net Income | $27,557 | $6,950 | +3.0% |
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 |
|---|---|---|---|---|---|---|
| WILLIAM R ATKINSON III | EXECTIVE DIRECTOR | 40.00 |
Officer
|
$0 | $67,723 | $67,723 |
| ANTHONY SPENCER | DIRECTOR | 40.00 |
Officer
|
$0 | $78,082 | $78,082 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $454,936 | $427,379 | $34,511 | $27,557 |
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