Lancaster, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ASSERT INC, founded in 1977, is a small nonprofit in the Human Services sector that reported $993K in total revenue in fiscal year 2022. Revenue fell 39% from the prior year — a significant decline worth monitoring.
Provide energy efficiency services to low-income individuals and families to assist them in achieving greater economic independence.
Enrolled 342 households into the Energy Savings Assistance program sponsored by the Southern California Gas Co. Established program eligibility. ASSERT's Subcontractor Reliable Energy performed the...
Enrolled 342 households into the Energy Savings Assistance program sponsored by the Southern California Gas Co. Established program eligibility. ASSERT's Subcontractor Reliable Energy performed the installation work. Weatherizing a total of 415 homes by installing such measures as: attic insulation, door weather stripping, fix broken windows and doors, low-flow showerheads, water saving devices, minor home repair of wall cracks, faucet aerators, caulking, air conditioner and evaporative cooler covers. Reliable also replaced 67 old furnaces with new energy efficient ones, replaced 49 leaking water heaters and repaired 9 furnaces. All of these services were provided at no cost to the customers.
Established eligibility and enrolled 365 individual households into the Energy Savings Assistance program being offered to customers of Southern California Edison Company. ASSERT's in-house...
Established eligibility and enrolled 365 individual households into the Energy Savings Assistance program being offered to customers of Southern California Edison Company. ASSERT's in-house installers replaced 8 old freezers and 420 refrigerators with energy efficient models. Replaced 5 outdoor fixtures, installed 358 LED's, and replaced 165 floor lamps with more energy efficient models. Replaced 6 room air conditioners and installed 114 evaporative coolers. Installed 135 Trickle Star Power strips. All of these services were at no cost to the customers.
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 | $992,751 | $1,636,894 | -0.4% |
| Expenses | $1,073,222 | $1,475,653 | -0.3% |
| Net Income | $-80,471 | $161,241 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| Joanne Festejo | Office Manager | 30 |
Key Emp
Highest
|
$42,217 | $0 | $42,217 |
| Elisabeth Adams | President / Executive Director | 25 |
Officer
Director
|
$30,602 | $0 | $30,602 |
| Rod Mirand | Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $992,751 | $1,073,222 | $321,930 | $-80,471 |
| 2021 | $1,636,894 | $1,475,653 | $471,437 | $161,241 |
| 2020 | $1,207,825 | $1,184,490 | $466,796 | $23,335 |
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