LONGMONT, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC, founded in 1983, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.0M in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Net assets of $17.9M represent 31 months of operating reserves.
THE CORPORATION IS ORGANIZED AND WILL BE OPERATED EXCLUSIVELY FOR "CHARITABLE, SCIENTIFIC AND EDUCATIONAL AND "SOCIAL WELFARE" PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 501(C)(4), RESPECTIVELY OF THE INTERNAL REVENUE CODE. TO THIS END, THE NONPROFIT SHALL UNDERTAKE ACTIVITIES TO: SUPPORT THE PROVISION OF QUALITY AND DIVERSE INSTRUCTIONAL MEDIA CONTENT AND CAPABILITIES TO EDUCATORS AND STUDENTS, INCLUDING, BUT NOT LIMITED TO, DATA SERVICES AND INSTRUCTIONAL VIDEO PROVIDED TO ACCREDITED EDUCATIONAL INSTITUTIONS AND GOVERNMENTAL ORGANIZATIONS ENGAGED IN THE FORMAL EDUCATION OF ENROLLED STUDENTS.
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 | $6,990,190 | $11,398,180 | -0.4% |
| Expenses | $6,933,811 | $11,100,655 | -0.4% |
| Net Income | $56,379 | $297,525 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| DANIEL O'NEIL | CHAIR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| LILLY GLEICH | TREASURER/DIRECTOR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARBARA IVERSON | SECRETARY/DIRECTOR | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARIA HADDEN | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| BRENDA WILLIAMS-SEARS | CEO/PRESIDENT | 5.00 |
Officer
|
$0 | $0 | $0 |
| ADAM MILLER | ADVISOR TO CEO/ASST SECRET | 5.00 |
Officer
|
$0 | $0 | $0 |
| LISA REED | CFO | 5.00 |
Officer
|
$0 | $0 | $0 |
| KIM BUBON | ASSISTANT SECRETARY | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $6,990,190 | $6,933,811 | $18,372,367 | $56,379 |
| 2023 | $11,398,180 | $11,100,655 | $16,910,873 | $297,525 |
| 2022 | $5,204,094 | $4,162,762 | $18,318,425 | $1,041,332 |
| 2022 | $5,204,094 | $4,162,762 | $18,318,425 | $1,041,332 |
| 2021 | $3,941,817 | $3,009,084 | $17,129,636 | $932,733 |
| 2020 | $3,185,121 | $3,480,278 | $13,634,965 | $-295,157 |
| 2019 | $2,150,637 | $1,977,670 | $14,496,699 | $172,967 |
Compare CHICAGO INSTRUCTIONAL TECHNOLOGY FOUNDATION INC with other nonprofits in Colorado and across the country.