Herndon, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Foundation for Strategic Sourcing Inc, founded in 2007, is a small nonprofit in the Community Improvement sector that reported $237K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $204K left a modest 14% surplus.
We drive differential advantage through the creation and adoption of industry best practices and standards. We build trust and efficiency by connecting industry leaders around the topics of greatest industry interest. We encourage the formation of lasting partnerships that are based on trust, collaboration, openness and mutual benefit. We return value to our members that greatly exceeds independent capabilities.
The organization works to establish a forum, within the consumer packaged goods industry, to coordinate the efforts of marketers, external manufacturers, and secondary packagers to share best...
The organization works to establish a forum, within the consumer packaged goods industry, to coordinate the efforts of marketers, external manufacturers, and secondary packagers to share best practices towards the creation of industry standards aimed at improving efficiency and reducing supply chain costs.
Conferences held biannually, once in the spring and once in the fall, are designed to provide industry best practices and insight into important future developments.
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 | $236,820 | $214,970 | +0.1% |
| Expenses | $203,971 | $235,800 | -0.1% |
| Net Income | $32,849 | $-20,830 | -2.6% |
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 |
|---|---|---|---|---|---|---|
| Michele Cerminaro | Executive Dir. | 2.00 |
Officer
|
$46,669 | $0 | $46,669 |
| Michael Silva | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Tom Kent | Chairman | 2.00 |
Officer
|
$0 | $0 | $0 |
| Chris Taylor | Vice Chair | 2.00 |
Officer
|
$0 | $0 | $0 |
| Steve Schroeder | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Thomas Campbell | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Chris Dunne | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Annette Cutchens | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Chuck Woods | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Eric Markos | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Christine Barnhart | Board Member | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $236,820 | $203,971 | $124,409 | $32,849 |
| 2022 | $214,970 | $235,800 | $91,560 | $-20,830 |
| 2021 | $224,714 | $151,626 | $112,390 | $73,088 |
| 2020 | $341,312 | $337,114 | $39,302 | $4,198 |
| 2019 | $400,184 | $381,655 | $42,031 | $18,529 |
| 2018 | $402,673 | $478,850 | $28,441 | $-76,177 |
Compare Foundation for Strategic Sourcing Inc with other nonprofits in Virginia and across the country.