East Orange, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Harambee Community Development Initiative Inc, founded in 1997, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023.
Harambee unlocks the tremendous potential that exists within every child through educational programs and strategic partnerships.
Like schools across the country, Harambee continues to grapple with remaining challenges caused by the pandemic - from children's developmental delays, low enrollment, and staffing shortages. Despite...
Like schools across the country, Harambee continues to grapple with remaining challenges caused by the pandemic - from children's developmental delays, low enrollment, and staffing shortages. Despite these difficulties, Harambee consistently provides high-quality early childhood education, marked by: Stable Staffing: Our dedicated team remains consistent, ensuring a stable learning environment for our students. Above Average Student Attendance: Our commitment to engaging and supportive education is reflected in our impressive attendance rates. Active Parental Involvement: We foster a strong partnership with parents, who play an active role in their children's education. High Student Assessment Scores: Our students achieve some of the highest assessment scores in the district, showcasing the effectiveness of our educational program.
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 | $1,254,878 | $1,296,484 | 0.0% |
| Expenses | $1,287,643 | $1,317,287 | 0.0% |
| Net Income | $-32,765 | $-20,803 | +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 |
|---|---|---|---|---|---|---|
| Walter McDowell | Acting Board Chairperson | 1.00 |
Director
|
$0 | $0 | $0 |
| Rev Maria Crompton | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Mary Puryear | Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Easter Coleman-Parks | Executive Director | 40.00 |
Officer
|
$85,026 | $0 | $85,026 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,254,878 | $1,287,643 | $539,181 | $-32,765 |
| 2022 | $1,296,484 | $1,317,287 | $534,786 | $-20,803 |
| 2021 | $1,742,509 | $1,401,998 | $570,662 | $340,511 |
| 2020 | $1,309,881 | $1,542,216 | $642,607 | $-232,335 |
| 2019 | $1,521,254 | $1,636,393 | $561,459 | $-115,139 |
| 2018 | $1,565,687 | $1,525,755 | $678,221 | $39,932 |
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