NORFOLK, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GLOBAL FRIENDSHIP VENTURES, founded in 2008, is a small nonprofit in the Education sector that reported $769K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $3.6M represent 56 months of operating reserves.
TO FACILIATE FRIENDSHIP AND COMMUNITY AMONG INTERNATIONAL STUDENTS STUDYING IN NORFOLK, VIRGINIA AREA. TO PROVIDE ASSISTANCE TO INTERNATIONAL STUDENTS SEEKING TO UNDERSTAND HOW TO ADAPT TO COLLEGIATE LIFE IN THE UNITED STATES.
EXPENSES RELATED TO PROVIDING ASSITANCE TO INTERNATIONAL STUDENTS SEEKING TO UNDERSTAND HOW TO ADAPT TO COLLEGIATE LIFE IN THE UNITED STATES BY OFFERING HOUSING AND PROGRAMS WHILE RESIDING IN THE...
EXPENSES RELATED TO PROVIDING ASSITANCE TO INTERNATIONAL STUDENTS SEEKING TO UNDERSTAND HOW TO ADAPT TO COLLEGIATE LIFE IN THE UNITED STATES BY OFFERING HOUSING AND PROGRAMS WHILE RESIDING IN THE RESIDENCE HALL.
PROGRAM EXPENSES EXPENSES RELATED TO PROVIDING ACTIVITIES FOR ALL INTERNATIONAL STUDENTS AT UNIVERSITIES IN THE HAMPTON ROADS AREA WHICH INCLUDES MEALS WITH STUDENTS, WELCOME BAGS, WELCOME LUNCHEON...
PROGRAM EXPENSES EXPENSES RELATED TO PROVIDING ACTIVITIES FOR ALL INTERNATIONAL STUDENTS AT UNIVERSITIES IN THE HAMPTON ROADS AREA WHICH INCLUDES MEALS WITH STUDENTS, WELCOME BAGS, WELCOME LUNCHEON AND TOUR OF THE AREA, FRIDAY NIGHT DINNERS WITH SPEAKERS RELEVANT TO INTERNATIONAL STUDENTS, WIVES ACTIVITIES, THANKSGIVING BANQUET, FOOD FOR STUDENTS FINANCIALLY STRUGGLING, RECEIVING AND DISTRIBUTING FURNITURE AND ITEMS TO FURNISH APARTSMENTS, SPORTS VIEWING PARTIES, TRIPS TO LOCAL ATTRACTIONS AND A DAY TRIP TO LAKE GASTON FOR MEALS AND WATER SPORTS.
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 | $768,977 | $708,176 | +0.1% |
| Expenses | $770,447 | $725,793 | +0.1% |
| Net Income | $-1,470 | $-17,617 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| KATHY STRICKLAND | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD HARDISON | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| MIKE ANDREWS | VICE PRESIDE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| LAURA PRATT | SECRETARY | N/A |
Officer
Director
|
$0 | $0 | $0 |
| CHARLES IVES | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| KEVIN TREMPER | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| MACKENZIE BLACK | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| PAUL JONES | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| HAP STRUTHERS | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| ANN PURSER | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| HORATIO HALL | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| CRAIG RUSH | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| KATHY HARDISON | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $768,977 | $770,447 | $3,643,946 | $-1,470 |
| 2023 | $708,176 | $725,793 | $3,823,072 | $-17,617 |
| 2022 | $796,481 | $632,135 | $4,058,101 | $164,346 |
| 2021 | $771,611 | $609,028 | $4,331,118 | $162,583 |
| 2020 | $906,241 | $599,314 | $4,416,339 | $306,927 |
| 2019 | $482,831 | $587,939 | $4,469,100 | $-105,108 |
Compare GLOBAL FRIENDSHIP VENTURES with other nonprofits in Virginia and across the country.