Prosper, TX
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS FOR EDUCATION, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $250K in total revenue in fiscal year 2024. Expenses of $307K exceeded revenue, resulting in a 23% operating deficit.
Friends for Education focuses on providing education and basic needs worldwide in the areas of holistic education, organic farming, traditional arts and music, Vedic books, youth shelters, etc.
Education (traditional agriculture, arts, culture): Promote traditional Vedic Education in various parts of US and other parts of world. Develop or procure rare books of special artistic and...
Education (traditional agriculture, arts, culture): Promote traditional Vedic Education in various parts of US and other parts of world. Develop or procure rare books of special artistic and educational significance and distribute free of cost in USA where possible. Distribute books at discounted rates on Amazon.com, Lulu.com including Amazon kindle (2019 no revenue from this source).
Basic needs (food, clothing, shelter). Identify innovative ways of providing basic needs in the world and conduct research in fundamental ways to solve problems of food(traditional agriculture)...
Basic needs (food, clothing, shelter). Identify innovative ways of providing basic needs in the world and conduct research in fundamental ways to solve problems of food(traditional agriculture), clothing, shelter, and care. Eco Friendly Housing, Cow Shelters, School Infrastructure in developing countries. This specific grant is for school education program in Salem, TN,India and at Rural educational Center near Vadodara, India
Supporting traditional school in Atlanta GA called Krishna Life. The school is operational as of Dec 2021.
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 | $249,576 | $237,606 | +0.1% |
| Expenses | $307,306 | $236,868 | +0.3% |
| Net Income | $-57,730 | $738 | -79.2% |
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 |
|---|---|---|---|---|---|---|
| Ramesh Yerramsetti | President | 20 |
Director
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$0 | $0 | $0 |
| Saravanan Kanaiah | Director | 10 |
Director
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$0 | $0 | $0 |
| Sanjay Goel | Director | 10 |
Director
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$0 | $0 | $0 |
| Sunil Sommana | Director | 10 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $249,576 | $307,306 | $24,141 | $-57,730 |
| 2023 | $237,606 | $236,868 | $81,417 | $738 |
| 2021 | $169,321 | $204,672 | $43,764 | $-35,351 |
| 2020 | $144,503 | $106,380 | $79,115 | $38,123 |
| 2019 | $246,691 | $264,809 | $33,363 | $-18,118 |
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