GREEN CARD VOICES
Mission Statement
Green Card Voices is a Minneapolis-based, nationally growing nonprofit that utilizes first person narratives from immigrant and refugees, providing a platform for them to share their unique stories and connect them with their own communities and with others throughout the world. The stories are powerful and often include personal, harrowing stories of growing up, their journey here, the obstacles they have overcome, and their dreams for the future. We share their stories through multimedia storytelling, including in in our published books, our online video library, and in traveling exhibits. Our programming is designed to empower educational institutions, community groups, and individuals alike to acquire first person perspectives about immigrants’ lives, to foster empathy and build appreciation for the immigrant experience in America. Over a million and a half people have experienced our content so far.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
60.0% | 82.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.0% | 14.1% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.9 mo | 9.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 1.8% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.2% | 79.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
66.1% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
20.0% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
24.4% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $510K | $385K | $253K | 60.0% | 3 |
| 2023 | $307K | $321K | $111K | 72.8% | 4 |
| 2022 | $264K | $274K | $121K | 83.8% | 6 |
| 2021 | $345K | $272K | N/A | — | 5 |
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