NEWPORT BEACH, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)OC GATEWAY TO HOUSING, founded in 1985, is a small nonprofit that reported $250K in total revenue in fiscal year 2020. Revenue decreased 11% compared to the prior year. Expenses of $628K exceeded revenue, resulting in a 151% operating deficit.
THE MISSION OF OC GATEWAY TO HOUSING IS TO CHANGE THE LIVES OF HOMELESS FAMILIES BY PROVIDING THEM WITH ENCOURAGEMENT AND THE TOOLS FOR ACHIEVING SELF-SUFFICIENCY.
bridge housing - a- greater self-determination - goal: 80% of families will accomplish no less than two goals in their individual case plans (including mental health therapy goals)- outcome: in fy...
bridge housing - a- greater self-determination - goal: 80% of families will accomplish no less than two goals in their individual case plans (including mental health therapy goals)- outcome: in fy 2020-2021 we had 81% of our families accomplish no less than two goals in their individual case plans. This includes saving money/budget, decreasing the intensity of depression and finding better jobs to increase their incomeb- increased skills or income- 1- goal: 90% of families will receive entitlement services that they qualify for from other community agencies- 2- goal: 70 % of all families will achieve and maintain employment and either maintain or increase their total income (from all sources) upon successful completion of the program- outcome: 100% of families who were eligible to receive social services, were referred and given i.e. CalFresh, cash aid, and state health insurance coverage; medical. - outcome: 90% of families maintained employment and 45% had an increase of income from jobsc- residential stability- goal: 70% of families will graduate to permanent housing (subsidized or non-subsidized) upon successfully completing the bridge housing program - outcome: there were 85% of families who graduated to permanent housing (subsidized or non-subsidized) after successfully completing the bridge housing program. they moved to apartments and mobile homes, both in state and out of state. many of our families found that moving out of state afforded them a larger home for less money. They also had jobs waiting for them out of state. Summary - the adults in our family were able to maintain or find jobs during fy 2020-2021. a few families were able to work remotely from home. this assisted single parents in helping their children with school schedules as all of the schools had remote learning in 2020-2021. we were so proud of our parents balancing the best they could their children's school schedules and their need to work. we did have a few adults who worked more than one job. those adults who worked two jobs, the majority were two-parent families, though we did have single mothers who also had two remote jobs this past fiscal year.
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)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $250,396 | $281,628 | -0.1% |
| Expenses | $628,164 | $512,840 | +0.2% |
| Net Income | $-377,768 | $-231,212 | +0.6% |
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 |
|---|---|---|---|---|---|---|
| LAURA MILLER | Executive Dir. | 40.00 |
Officer
|
$367,008 | $0 | $367,008 |
| JUDY COOPER | President | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARK FRANZEN | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA SLOATE | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLIE PALK | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LAURIE BRADY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LOIS JACOBS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $250,396 | $628,164 | $2,505,257 | $-377,768 |
| 2020 | $281,628 | $512,840 | $2,680,547 | $-231,212 |
| 2019 | $285,225 | $433,781 | $2,963,815 | $-148,556 |
| 2018 | $438,457 | $541,437 | $3,099,079 | $-102,980 |
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