LAFAYETTE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MILLIES MISSION INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $512K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $441K left a modest 14% surplus.
OPERATE A THRIFT STORE TO 'RECYCLE' DONATED CLOTHING, HOUSEHOLD GOODS AND FURNITURE. COSTS AND PRICES FOR MERCHANDISE WILL REMAIN LOW THROUGH LOWER WAGES OF STAFF, VOLUNTEERS, LOW RENT OR OVERHEAD AND COST-SAVINGS MEASURES. MILLIE'S THRIFT STORES' INCOME WILL ENABLE MILLIE'S TO CONTINUE SERVICE TO THE COMMUNITY BY HELPING HOMELESS CLIENTS HAVE THE HOUSEHOLD GOODS AND FURNITURE WHEN THEY ARE READY FOR AN APARTMENT, ENABLE A FAMILY TO CLOTHE THEIR CHILDREN, PROVIDE INTERVIEW OR WORK CLOTHING AND HELP SENIORS WITH NECESSITIES. A VOUCHER PROGRAM WILL ENABLE NONPROFITS TO SEND THEIR CLIENTS TO THE STORE. MILLIE'S WILL USE THE SAVINGS TO HELP THOSE IN NEED SUCH AS TEACHERS, JOB TRAINING AND CLIENTS OF NONPROFITS.
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 | $512,464 | $433,183 | +0.2% |
| Expenses | $440,876 | $480,711 | -0.1% |
| Net Income | $71,588 | $-47,528 | -2.5% |
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 |
|---|---|---|---|---|---|---|
| STEPHEN LEITCH | EXECUTIVE DI | 27.00 |
Officer
|
$27,447 | $0 | $27,447 |
| BARBARA AHLER | SECRETARY | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC DAVIS | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| TIM POWERS | PRESIDENT | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| FRED SCHMUCK | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE SEELEY | BOARD MEMBER | 10.00 |
Director
|
$0 | $0 | $0 |
| KATHY WALTERS | VICE PRESIDE | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $512,464 | $440,876 | $823,301 | $71,588 |
| 2022 | $433,183 | $480,711 | $757,713 | $-47,528 |
| 2021 | $1,049,551 | $288,310 | $761,241 | $761,241 |
Compare MILLIES MISSION INC with other nonprofits in Indiana and across the country.