BOULDER CREEK, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW FAMILIES INC, founded in 1998, is a small nonprofit that reported $599K in total revenue in fiscal year 2022. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $719K exceeded revenue, resulting in a 20% operating deficit.
ESTABLISHED TO RECRUIT, TRAIN, AND PROVIDE EXTENSIVE SERVICES TO FOSTER FAMILY HOMES SO THAT CHILDREN WHO WERE IN, OR MIGHT OTHERWISE BE PLACED IN, RESIDENTIAL TREATMENT FACILITIES CAN BE PLACED AND MAINTAINED IN FOSTER HOMES.PROVIDES LONG-TERM AND SHORT-TERM THERAPEUTIC FOSTER CARE SERVICES FOR CHILDREN AGES 0-18 YEARS. SELECTIVE RECRUITMENT OF FOSTER FAMILIES, BACKED UP WITH EXTENSIVE TRAINING AND SUPPORT SERVICES PROVIDES CHILDREN WITH WARM, STABLE, NURTURING HOMES. IN EVERY CASE, EMPHASIS IS PLACED ON ESTABLISHING A PLAN OF PERMANENCY FOR EACH CHILD.CHILDREN NEEDING A PROFESSIONAL AND THERAPEUTIC FOSTER CARE PROGRAM, INCLUDING CHILDREN WITH MODERATE PSYCHOLOGICAL, SOCIAL OR PHYSICAL PROBLEMS ARE APPROPRIATE REFERRALS. SPECIAL ATTENTION IS GIVEN TO THE EMOTIONAL AND BEHAVIORAL NEEDS OF NEGLECTED AND ABUSED CHILDREN AND CHILDREN FROM DYSFUNCTIONAL FAMILIES. AS PART OF OUR PROGRAM WE ARE PREPARED TO WORK WITH BIRTH PARENTS WHEN REUNIFICATION IS A POSSIBILITY.NEW FAMILIES CONTRACTS WIT
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 | $598,684 | $1,048,261 | -0.4% |
| Expenses | $718,629 | $1,213,472 | -0.4% |
| Net Income | $-119,945 | $-165,211 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| STEVE LAFEVER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JANE T POMEROY | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SHARON FISHEL | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRA POMEROY | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROXANNE W SPRING | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JANET M PARSKE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| STACI MOLITOR | Executive Dir. | 40.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $598,684 | $718,629 | No data | $-119,945 |
| 2021 | $1,048,261 | $1,213,472 | $231,725 | $-165,211 |
| 2020 | $1,690,287 | $1,598,425 | $400,926 | $91,862 |
| 2019 | $1,666,296 | $1,673,539 | $388,415 | $-7,243 |
| 2018 | $1,769,974 | $1,714,105 | $398,332 | $55,869 |
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