AURORA, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HIGHER ORBITS FOUNDATION, founded in 2013, is a small nonprofit in the Science & Technology sector that reported $999K in total revenue in fiscal year 2023. Revenue surged 110% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 20% operating deficit.
HIGHER ORBITS IS A NON-PROFIT WITH THE MISSION TO INSPIRE AND ENGAGE HIGH-SCHOOL STUDENTS THROUGH THE USE OF SPACEFLIGHT, IN HANDS-ON, PROJECT BASED LEARNING EXPERIENCES THAT ARE DESIGNED TO PROMOTE SCIENCE, TECHNOLOGY, ENGINEERING, ARTS, AND MATH (STEAM) AND PREPARE THEM FOR FUTURE ACADEMIC AND CAREER SUCCESS BY BUILDING CONFIDENCE, PERSEVERANCE, TEAMWORK, LEADERSHIP, CRITICAL THINKING, CREATIVITY, AND COMMUNICATION SKILLS.
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 | $998,789 | $475,810 | +1.1% |
| Expenses | $1,202,045 | $605,374 | +1.0% |
| Net Income | $-203,256 | $-129,564 | +0.6% |
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 |
|---|---|---|---|---|---|---|
| AUSTIN BRAUN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JASON ARTNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNI GINSBURG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIM DESPAIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARISSA GONZALEZ | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NATALIE CHRISTIAN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE STOTT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHIL SMITH | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD PRUSS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SEAN WILSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNI GINSBURG | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| VICTORIA MECHTLY | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE LUCAS | PRESIDENT | 60.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $998,789 | $1,202,045 | $723,749 | $-203,256 |
| 2021 | $1,658,940 | $674,293 | $1,099,476 | $984,647 |
Compare HIGHER ORBITS FOUNDATION with other nonprofits in Colorado and across the country.