BLOOMINGTON, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE NETWORK FOR CHANGE AND CONTINUOUS INNOVATION INC, founded in 2004, is a small nonprofit in the Education sector that reported $250K in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum. Expenses of $350K exceeded revenue, resulting in a 40% operating deficit.
OUR MISSION IS TO ADVANCE ACADEMIC AND ADMINISTRATIVE EXCELLENCE IN HIGHER EDUCATION BY IDENTIFYING, PROMOTING, SUPPORTING AND SHARING EFFECTIVE ORGANIZATIONAL PRACTICES AMONG MEMBER INSTITUTIONS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $249,794 | $192,630 | +0.3% |
| Expenses | $349,916 | $216,527 | +0.6% |
| Net Income | $-100,122 | $-23,897 | +3.2% |
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 |
|---|---|---|---|---|---|---|
| RHASHEEMA SANDERS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTI REESE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEREMY BEAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DR ANGELA SONG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATHAN BOHLMANN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH DRASIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BYRON FITCH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN FODREY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MAUEREN KNIGHT-BURRELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICK WERNOSKI | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RUDY SANCHEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILL SONDGERATH | PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR RALPH GIGLIOTTI | PRESIDENT-ELECT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR KIM-MARIE JENKINS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY BYRDE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SCOTT SILAR | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAKE DAWES | EXECUTIVE DIRECTOR | 7.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $249,794 | $349,916 | $426,225 | $-100,122 |
| 2023 | $192,630 | $216,527 | $441,783 | $-23,897 |
| 2022 | $92,045 | $159,269 | $400,246 | $-67,224 |
| 2021 | $159,513 | $185,832 | $453,693 | $-26,319 |
| 2020 | $178,089 | $175,238 | $470,265 | $2,851 |
| 2019 | $392,704 | $310,893 | $441,867 | $81,811 |
| 2018 | $337,552 | $277,692 | $348,897 | $59,860 |
Compare THE NETWORK FOR CHANGE AND CONTINUOUS INNOVATION INC with other nonprofits in Indiana and across the country.