PORTLAND, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESHINE INITIATIVE, founded in 2021, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 10% surplus.
WESHINE DESIGNS, BUILDS, AND OPERATES NEIGHBORHOOD-BASED MICRO-VILLAGES THAT PROVIDE SAFE, TRANSITIONAL SHELTER AND SERVICES WHERE PORTLAND'S VULNERABLE, UNSHELTERED ADULTS CAN LIVE AS THEY PREPARE TO BECOME SUCCESSFUL TENANTS IN PERMANENT, AFFORDABLE HOUSING.
FULFILLING ITS MISSION TO BUILD AND OPERATE A NETWORK OF NEIGHBORHOOD-BASED MICRO VILLAGES TO PROVIDE TRANSITIONAL SHELTER FOR UNDERSERVED GROUPS OF UNSHELTERED ADULTS, WESHINE IS CONSTRUCTING THREE...
FULFILLING ITS MISSION TO BUILD AND OPERATE A NETWORK OF NEIGHBORHOOD-BASED MICRO VILLAGES TO PROVIDE TRANSITIONAL SHELTER FOR UNDERSERVED GROUPS OF UNSHELTERED ADULTS, WESHINE IS CONSTRUCTING THREE MICRO-VILLAGES IN 3 AREAS OF PORTLAND, OR; 2 WERE COMPLETE AS OF THE END OF FY23-24. EACH VILLAGE PROVIDES 10 SAFE, PRIVATE SLEEPING PODS ALONG WITH SHARED HYGIENE, COOKING, AND LAUNDRY FACILITIES WITHIN A FENCED AREA. EACH POD IS LOCKABLE, HEATED AND COOLED, AND IS COMPLETE WITH ROOM LIGHTING AND ELECTRICAL OUTLETS. COMMON SPACES INCLUDE TOILETS, A SHOWER, A KITCHENETTE, A WASHER/DRYER, AND COMMUNAL MEETING SPACE. THERE IS DEDICATED ON-SITE STAFF 7 DAYS A WEEK WITH AFTER-HOUR ON-CALL SUPPORT FOR VILLAGERS. IN FY 23-24, AS WE GAINED EXPERIENCED AND REFINED OUR ADMISSION AND NEEDS ASSESSMENT PROCESS, WE REDUCED THE TOTAL NUMBER OF UNDUPLICATED PERSONS SERVED, DEMONSTRATING A MORE STABLE VILLAGE POPULATION. WE ALSO IMPROVED OUR STAFF ONBOARDING AND TRAINING PROCESSES, RESULTING IN A MORE THAN 80% STAFF RETENTION LEVEL BY THE END OF FY 23-24. AT YEAR END, PARKROSE COMMUNITY VILLAGE HAD SERVED 17 UNDUPLICATED INDIVIDUALS; 41% MADE POSITIVE EXITS TO STABLE AFFORDABLE HOUSING AND ANOTHER 24% ADDITIONAL VILLAGERS EXITED TO TEMPORARY HOUSING SITUATIONS. WE ACHIEVED A 90% OCCUPANCY RATE THIS YEAR. IN COMPARISON, IN THE PRIOR FISCAL YEAR WE SERVED MORE UNDUPLICATED INDIVIDUALSA TOTAL OF 25WITH FEWER POSITIVE EXITS AND AN 80% OCCUPANCY RATE. IN FY 23-24, WE RECEIVED FUNDING FOR THE DEVELOPMENT OF TWO MORE MICRO VILLAGES. WE STARTED CONSTRUCTION ON BOTH VILLAGES AND ANTICIPATED BOTH WOULD OPEN IN FY 24-25. IN FY 23-24, WE ALSO RAISED FUNDS TO BUILD OUR ADMINISTRATIVE CAPACITY, ADDING TWO PART-TIME POSITIONS--AN OPERATIONS SPECIALIST AND AN ADMINISTRATIVE ASSISTANT --TO OUR STAFF.
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 | $1,421,242 | $1,077,391 | +0.3% |
| Expenses | $1,277,351 | $600,922 | +1.1% |
| Net Income | $143,891 | $476,469 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| JANET MCMANUS | EXECUTIVE DI | 40.00 |
Officer
|
$109,340 | $0 | $109,340 |
| VALERIE ILSLEY | CHAIR | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT ROBERTSON | VICE CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| RANDOLPH CARTER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BELINDA GREEN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BLAIR LOUDAT | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| SUE GEMMELL | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| RUTH TADESSE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| THEO SANER | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| DAN VALLIERE | DIRECTOR | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,421,242 | $1,277,351 | $1,275,322 | $143,891 |
| 2023 | $1,077,391 | $600,922 | $764,594 | $476,469 |
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