Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Network for the Development of Children of African Descent, founded in 1997, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2024.
Network for the Development of Children of African Descent exists to strengthen the cultural connections within communities of African descent that promote, sustain and enhance the healthy development of our children. Program activities include child and parent literacy activities, educational resources and professional development training for educators and service providers.
Family Literacy Programs: NdCAD operates literacy programs for children, youth and families that include: free book distributions, an after-school reading tutorial program, parent education classes...
Family Literacy Programs: NdCAD operates literacy programs for children, youth and families that include: free book distributions, an after-school reading tutorial program, parent education classes and educational resources to support learning at home. The programs aim to help students and families improve reading and education outcomes that lead to school success.2024 Highlights- Distributed approximately 3,000 free books to children and families.- Provided afterschool tutoring to 182 K-8th grade students, all of whom demonstrated gains in reading skills, reading levels and improved school/academic performance.- Provided parent education classes and support services to 112 parents who reported increased involvement in their children's education and improved confidence to advocate for themselves and their families.- Hosted monthly gatherings for 200 families to build parent-to-parent networks and share information that supports healthy child development and improved education outcomes.- Distributed NdCAD's home learning curriculum to approximately 200 families that helped parents and children learning together while building strong literacy foundations in homes.
Educational Resources & Professional Development TrainingNdCAD provides a range of educational resources and professional development training seminars for educators and youth/family service...
Educational Resources & Professional Development TrainingNdCAD provides a range of educational resources and professional development training seminars for educators and youth/family service providers. Our training programs help providers become more effective in their work with children and families. In 2024, approximately 1,300 educators, administrators, youth workers, and child/family advocates participated in our training programs. Participating organizations included schools, community organizations and government employees who provide services to children and families. Participants reported receiving great benefit from the training, helping them become more effective and responsive to the needs of children and families with whom they work.
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 | $1,003,009 | $1,015,213 | 0.0% |
| Expenses | $998,152 | $862,782 | +0.2% |
| Net Income | $4,857 | $152,431 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Johnny Allen Jr | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Shirlynn M LaChapelle | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Donald Joseph | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Robert Sayers | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Miata Foluke | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Theresa Collin | Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Deb Price | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gene Ward Jr | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gevonee Ford | Executive Director | 40.00 |
Officer
|
$99,263 | $16,191 | $115,454 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,003,009 | $998,152 | $1,094,074 | $4,857 |
| 2023 | $1,015,213 | $862,782 | $1,143,370 | $152,431 |
| 2023 | $1,015,879 | $875,617 | $1,131,201 | $140,262 |
| 2022 | $791,818 | $653,280 | $950,197 | $138,538 |
| 2021 | $705,257 | $640,196 | $796,449 | $65,061 |
| 2020 | $969,361 | $713,709 | $717,348 | $255,652 |
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