New Bedford, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Cape Verdean Association in New Bedford Inc, founded in 1990, is a small nonprofit in the Recreation & Sports sector that reported $792K in total revenue in fiscal year 2024. Revenue surged 205% from the prior year, signaling strong growth momentum. The organization ran a surplus of $730K, a strong 92% operating margin.
Preserving and promoting Cape Verdean culture. The CVANB will foster continued appreciation for our history, deliver culturally competent programs and services that enrich all communities making a difference in the lives of the Cape Verdean people here and abroad.
Developing Cape Verdean cultural community center and Island Park for performances art and events education and youth programming and providing these types of programs. Providing programs and support...
Developing Cape Verdean cultural community center and Island Park for performances art and events education and youth programming and providing these types of programs. Providing programs and support for the Cape Verdean community in the New Bedford area.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $792,128 | $259,492 | +2.1% |
| Expenses | $62,034 | $71,275 | -0.1% |
| Net Income | $730,094 | $188,217 | +2.9% |
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 |
|---|---|---|---|---|---|---|
| Gail Fortes | Treasurer | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Darlene Spencer | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jan Baptist | Vice President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tanya Alves | Secretary | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| Irondina Reis Abreu | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Carlos Almeida | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Starlene Alves | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Raquel Dias | Director | 4.00 |
Director
|
$0 | $0 | $0 |
| Soraya Dos Santos | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Keoma Duarte | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bruno Freire | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Angie Lopes | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Jean Lopez | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Eydie Soares Matteos | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| Bernadette Santos | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| Geovanny Sequeira | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $792,128 | $62,034 | $1,398,126 | $730,094 |
| 2023 | No data | No data | No data | No data |
Compare Cape Verdean Association in New Bedford Inc with other nonprofits in Massachusetts and across the country.