SUMMERVILLE, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC, founded in 2002, is a small nonprofit in the Education sector that reported $479K in total revenue in fiscal year 2025. Revenue decreased 14% compared to the prior year. Expenses of $441K left a modest 8% surplus.
TO HELP COMMUNITIES INCREASE THEIR CAPACITY TO ENSURE A QUALITY EDUCATION FOR THE SUCCESS OF EVERY CHILD THROUGH THE IMPLEMENTATION OF SIAP'S PK-16 MODEL FOR EDUCATION--THE FOUR COMPONENTS OF WHICH ARE SITE/COMMUNITY DEVELOPMENT, PROFESSIONAL DEVELOPMENT FOR EDUCATORS, YOUTH LEADERSHIP DEVELOPMENT, AND INSTITUTES OF HIGHER LEARNING PARTNERSHIPS.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $479,217 | $556,149 | -0.1% |
| Expenses | $441,275 | $536,450 | -0.2% |
| Net Income | $37,942 | $19,699 | +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 |
|---|---|---|---|---|---|---|
| DR JON HALE | BOARD MEMBER | 1.50 |
Director
|
$0 | $0 | $0 |
| DAVID J DENNIS SR | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$114,900 | $0 | $114,900 |
| ERNEST JONES | CHAIRMAN OF THE BOARD | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR RENEE A HILL | VICE CHAIRMAN OF THE BOARD | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERNEST BROOKS | TREASURER OF THE BOARD | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAKSHMI SRIDARAN | SECRETARY OF THE BOARD | 1.25 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $479,217 | $441,275 | $119,889 | $37,942 |
| 2024 | $556,149 | $536,450 | $76,875 | $19,699 |
| 2023 | $462,809 | $499,809 | $54,388 | $-37,000 |
| 2022 | $349,503 | $586,329 | $119,970 | $-236,826 |
| 2021 | $476,348 | $600,250 | $354,256 | $-123,902 |
| 2020 | $391,488 | $533,916 | $444,182 | $-142,428 |
| 2019 | $825,904 | $492,441 | $586,610 | $333,463 |
| 2018 | $613,717 | $447,558 | $253,147 | $166,159 |
Compare SOUTHERN INITIATIVE OF THE ALGEBRA PROJECT INC with other nonprofits in South Carolina and across the country.