AKRON, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BUILDING FOR TOMORROW, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $478K, a strong 30% operating margin.
BUILDING FOR TOMORROW (BFT) SUPPORTS SERVICES TO RESIDENTS OF AKRON METROPOLITAN HOUSING AUTHORITY AND OTHER LOW-INCOME RESIDENTS IN THE COMMUNITY THAT PROMOTE STABILITY, EDUCATION AND ECONOMIC INDEPENDENCE AS A MEANS OF STRENGTHENING THE GREATER COMMUNITY - THIS MISSION ALIGNS WITH THE GOALS AND MISSION OF AMHA. BFT PROVIDES RESIDENTS OF AMHA WITH TOOLS TO REACH THEIR POTENTIAL AND MOVE BEYOND ASSISTED LIVING. WE FOCUS ON EDUCATIONAL SUCCESS, ECONOMIC SELF-SUFFICIENCY AND INDEPENDENT LIVING. BFT STRIVES TO CREATE A SUPPORTIVE SENSE OF COMMUNITY WHERE RESIDENTS, NO MATTER THEIR STAGE IN LIFE, ARE GIVEN THE POWER TO REALIZE AND OBTAIN A BRIGHTER FUTURE.
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 | $1,584,430 | $906,973 | +0.7% |
| Expenses | $1,106,587 | $908,526 | +0.2% |
| Net Income | $477,843 | $-1,553 | -308.7% |
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 |
|---|---|---|---|---|---|---|
| HERMAN L HILL | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $71,023 | $346,973 |
| ANNA BALL | VP/SECRETARY | 1.00 |
Officer
Director
|
$0 | $11,582 | $56,520 |
| DEBORAH ARMSTRONG | TREASURER | 1.00 |
Officer
Director
|
$0 | $48,430 | $144,430 |
| REBECCA DANNER | BOARD OF DIRECTORS | 0.00 |
Director
|
$0 | $0 | $0 |
| THOMAS HARNDEN | BOARD OF DIRECTORS | 0.00 |
Director
|
$0 | $0 | $0 |
| COURTNEY HUDSON | BOARD OF DIRECTORS | 0.00 |
Director
|
$0 | $0 | $0 |
| AJA MIXON | BOARD OF DIRECTORS | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,584,430 | $1,106,587 | $1,267,182 | $477,843 |
| 2023 | $906,973 | $908,526 | $1,219,474 | $-1,553 |
| 2022 | $932,330 | $900,920 | $707,166 | $31,410 |
| 2021 | $821,511 | $771,435 | $686,421 | $50,076 |
| 2020 | $792,113 | $717,773 | $556,048 | $74,340 |
| 2019 | $956,433 | $1,002,277 | $570,245 | $-45,844 |
| 2018 | $997,159 | $922,005 | $639,298 | $75,154 |
Compare BUILDING FOR TOMORROW with other nonprofits in Ohio and across the country.