Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION, founded in 2007, is a small nonprofit in the Human Services sector that reported $188K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $171K left a modest 9% surplus.
The VABC Development Corporation was organized to combat community deterioration by assisting, promoting, and encouraging development of affordable and senior housing and revitalization of blighted areas to enhance, enrich, and promote the quality of life in the community and improve human and educational opportunities of residents, and provide workforce and skills development, job training, employment opportunities and entrepreneurial development for socially and economically disadvantaged persons.
As the sole member limited liability company wholly owned and controlled by the VABC Development Corporation, the activities of the John H. Brooks, LLC, are considered activities/program services...
As the sole member limited liability company wholly owned and controlled by the VABC Development Corporation, the activities of the John H. Brooks, LLC, are considered activities/program services related to the Development Corporation. One program of the LLC is to acquire, own, develop, redevelop, construct, manage, lease, operate, finance, refinance, and, when and if appropriate, sell real and personal property, or interests therein, for its own account or together with others, located at 1207 Q Street, NW, Washington, DC. The property is located within the Washington Neighborhood Investment Fund Logan Circle target area, which was established to finance economic development and neighborhood revitalization. The property is a multi-family residential building that is rented at reasonable market rates.
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 | $187,894 | $172,883 | +0.1% |
| Expenses | $170,802 | $186,182 | -0.1% |
| Net Income | $17,092 | $-13,299 | -2.3% |
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 |
|---|---|---|---|---|---|---|
| Rahman A Stringfield | President | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Alfred A Martin | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Betty J Holden | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Sabina M Lofty | Registered Agent | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $187,894 | $170,802 | $742,418 | $17,092 |
| 2023 | $172,883 | $186,182 | $768,192 | $-13,299 |
| 2022 | $162,226 | $171,896 | $804,907 | $-9,670 |
| 2021 | $118,215 | $144,109 | $838,375 | $-25,894 |
| 2020 | $100,301 | $147,107 | $861,901 | $-46,806 |
Compare VERMONT AVENUE BAPTIST CHURCH DEVELOPMENT CORPORATION with other nonprofits in District of Columbia and across the country.