BIRMINGHAM, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW SCHOOLS FOR ALABAMA, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $10.3M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 16% operating margin.
OUR MISSION IS TO SUPPORT THE GROWTH OF EXCELLENT PUBLIC CHARTER SCHOOLS IN ALABAMA TO ENSURE THAT EVERY CHILD HAS ACCESS TO A QUALITY PUBLIC EDUCATION.
ADVOCACY : WE ADVOCATE FOR THE ADVANCEMENT OF POLICY THAT HELPS TO IMPROVE ALL PUBLIC SCHOOLS IN ALABAMA. MORE SPECIFICALLY, WE WORK WITH POLICY MAKERS AND ADMINISTRATIVE AGENCIES TO ENSURE THAT OUR...
ADVOCACY : WE ADVOCATE FOR THE ADVANCEMENT OF POLICY THAT HELPS TO IMPROVE ALL PUBLIC SCHOOLS IN ALABAMA. MORE SPECIFICALLY, WE WORK WITH POLICY MAKERS AND ADMINISTRATIVE AGENCIES TO ENSURE THAT OUR LEGISLATIVE AGENDA SERVES THE BETTERMENT OF THE CHARTER SCHOOL COMMUNITY WHILE BEARING IN MIND THE BROADER NEEDS OF ALL PUBLIC SCHOOL STUDENTS IN ALABAMA. COMMUNITY ENGAGEMENT: WE ENSURE THAT PARENTS AND COMMUNITIES HAVE ACCESS TO CLEAR INFORMATION ABOUT SCHOOL QUALITY AND THE BENEFITS THAT OTHER OPTIONS MAY PRESENT. WE ENGAGE WITH PARENTS, FAMILIES, AND COMMUNITIES OF UNDERSERVED CHILDREN TO SUPPORT THEM TO MAKE APPROPRIATE SCHOOL CHOICES, IDENTIFY SCHOOL MODELS THAT FIT THEIR FAMILIES' NEED, AND GET INVOLVED IN THEIR CHILDREN'S EDUCATION. SCHOOL SUPPORT: TOWARDS THE GOAL OF QUALITY, WE SUPPORT SCHOOLS THROUGH PROVIDING TECHNICAL ASSISTANCE WORKSHOPS AND INDIVIDUALIZED SUPPORT IN AREAS SUCH AS TALENT DEVELOPMENT, FACILITY ACQUISITION AND OTHER ACADEMIC AREAS OF SUPPORT. NEW SCHOOL DEVELOPMENT: WE IDENTIFY THE HIGHEST-PERFORMING CHARTER SCHOOL NETWORKS IN THE NATION AND ACTIVELY RECRUIT THE BEST AMONG THEM TO ESTABLISH NEW SCHOOLS IN AREAS OF THE GREATEST NEED. WE WORK TO RECRUIT HIGH-CALIBER LEADERS AND DEVELOP HOMEGROWN LEADERS TO ESTABLISH GREAT SCHOOLS IN UNDERSERVED COMMUNITIES. WE PROVIDE TRAINING AND DEVELOPMENT IN BEST PRACTICE STRATEGIES IN SCHOOL STARTUP THROUGH OUR LEADERSHIP FELLOWS GRANT PROGRAM. ADDITIONALLY, WE ACTIVELY SEEK TO SECURE STATE AND FEDERAL FUNDS TO SUPPORT THE INVESTMENT IN LEADERSHIP AND ALL STARTUP ACTIVITIES THROUGH TECHNICAL ASSISTANCE AND COMPETITIVE GRANT PROGRAMS. TO DATE, WE HAVE AWARDED MORE THAN $22 MILLION IN GRANTS TO ALABAMA CHARTER SCHOOLS.
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 | $10,265,638 | $8,181,256 | +0.3% |
| Expenses | $8,604,669 | $8,466,716 | +0.0% |
| Net Income | $1,660,969 | $-285,460 | -6.8% |
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 |
|---|---|---|---|---|---|---|
| CAROL W BUTLER | CHAIR | 3.00 |
Director
|
$0 | $0 | $0 |
| DAVE BORDEN | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| MARIA KENNEDY | TREASURER | 3.00 |
Director
|
$0 | $0 | $0 |
| KHADIJAH ABDULLAH | VICE CHAIR | 3.00 |
Director
|
$0 | $0 | $0 |
| NICK GAEDE | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| MIHO KUBAGAWA | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| JAN MILLER | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| RICHARD PERRY | SECRETARY | 3.00 |
Director
|
$0 | $0 | $0 |
| JESSICA JANE WEDGEWORTH | EX-OFFICIO | 3.00 |
Director
|
$0 | $0 | $0 |
| BRIAN HAMILTON | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| CHARLES JACKSON | DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| TYLER BARNETT | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
|
$172,485 | $25,038 | $197,523 |
| RUSSEL RANEY | CHIEF FINANCIAL OFFICER | 40.00 |
Officer
|
$157,993 | $17,046 | $175,039 |
| CANDIE A MITCHELL-PRICE | CHIEF COMMUNICATIONS OFFIC | 40.00 |
Officer
|
$94,554 | $4,579 | $99,133 |
| MIKE BROWN | CHIEF SCHOOL OFFICER | 40.00 |
Officer
|
$135,985 | $19,798 | $155,783 |
| NATALIE TUCKER | CHIEF OF STAFF | 40.00 |
Officer
|
$100,664 | $3,020 | $103,684 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $10,265,638 | $8,604,669 | $8,162,820 | $1,660,969 |
| 2023 | $8,181,256 | $8,466,716 | $5,404,006 | $-285,460 |
| 2022 | $9,659,694 | $5,826,722 | $5,276,502 | $3,832,972 |
| 2021 | $4,974,961 | $4,793,668 | $1,601,582 | $181,293 |
| 2020 | $2,021,184 | $2,019,713 | $671,010 | $1,471 |
| 2018 | $201,500 | $55,881 | $148,663 | $145,619 |
Compare NEW SCHOOLS FOR ALABAMA with other nonprofits in Alabama and across the country.