Westlae, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LGBT HOUSING INITIATVE, founded in 2019, is a small nonprofit in the Human Services sector that reported $149K in total revenue in fiscal year 2022. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 16% operating margin.
Our mission is to improve home ownership in the LGBT+Community and to raise money to assist organizations that help elevate at risk homeless youth out of homelessness. Monies are raised from small donations from LGBT+ realtors every time they sell a home.
The organization provided grant money to other 501C3 organizations across the country to provide assistance for at risk and homeless LGBT youth.The goal is to elevate them out of homelessness and/or...
The organization provided grant money to other 501C3 organizations across the country to provide assistance for at risk and homeless LGBT youth.The goal is to elevate them out of homelessness and/or housing insecurity. We gave 10 grants to 10 different organizations covering everything from providing meals and necessity items to providing funds for mental health. We look at the gran sell a hometee organizations to tell us what specifically they will will use the funds for and then our board approves the grants. All monies go to specific programs and not to fund administrative costs. Monies are raised from small donations from LGBT+ realtors every time they sell a home.
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 | $149,383 | $65,373 | +1.3% |
| Expenses | $125,179 | $43,397 | +1.9% |
| Net Income | $24,204 | $21,976 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| Dave Gervase | trustee | 0 |
Director
|
$0 | $0 | $0 |
| Kimberly Davis | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Michael Zinicola | Trustee | 10 |
Director
|
$0 | $0 | $0 |
| Matthew Buchta | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Nicole Moore | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Bradford Davis | Trustee | 0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $149,383 | $125,179 | $46,180 | $24,204 |
Compare LGBT HOUSING INITIATVE with other nonprofits in Ohio and across the country.