CAMBRIDGE, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)ADVANCED FUNCTIONAL FABRICS OF AMERICA INC, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $18.7M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $20.9M exceeded revenue, resulting in a 12% operating deficit.
AFFOA IS A PUBLIC-PRIVATE PARTNERSHIP AMONG GOVERNMENT. ACADEMIA AND INDUSTRY, ESTABLISHED TO BUILD AND SUSTAIN U.S. GLOBAL LEADERSHIP IN THE REVOLUTIONARY FIBERS AND TEXTILES BY ACCELERATING THE WIDESPREAD COMMERICIALIZATION OF HIGHLY FUNCTIONAL ADVANCED FIBRES AND TEXTILES FOR DEFENSE AND COMMERCIAL MARKETS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $18,738,887 | $22,087,976 | -0.2% |
| Expenses | $20,921,348 | $25,814,263 | -0.2% |
| Net Income | $-2,182,461 | $-3,726,287 | -0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALEXANDER STOLYAROV | CEO/PRESIDENT | 50.00 |
Officer
Director
|
$366,003 | $42,594 | $408,597 |
| PAUL KERN | CHAIRMAN OF BOARD | 2.00 |
Officer
Director
|
$100,000 | $0 | $100,000 |
| JOHN FRY | CHAIRMAN OF COMPENSATION C | 2.00 |
Director
|
$10,000 | $0 | $10,000 |
| ERIC SPACKEY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CHARLES HOWLAND | CHAIR OF GOVERNANCE & NOMI | 2.00 |
Director
|
$10,000 | $0 | $10,000 |
| NORMAN CHAPMAN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| IRA MOSKOWITZ | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DR JOYCE BROWN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CARLOYN KIRK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| DAVID WHEELER | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| WALTER SMITH | CHAIR OF AUDIT COMMITTEE | 2.00 |
Director
|
$10,000 | $0 | $10,000 |
| ELISABETH REYNOLDS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE FARRINGTON | VP STRATEGIC GROWTH | 40.00 |
Highest
|
$325,229 | $21,933 | $347,162 |
| RICHARD SALVAGE | EX-VP OF FINANCE | 40.00 |
Highest
|
$214,986 | $23,305 | $238,291 |
| EDIN INSANIC | PRINCIPAL SYSTEM ARCHITECT AND GROUP LEAD | 40.00 |
Highest
|
$209,698 | $36,802 | $246,500 |
| NATASHA SPACKEY | VP NEW BUSINESS DEVELOPMENT AND PARTNERSHIPS | 40.00 |
Highest
|
$207,828 | $28,674 | $236,502 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $18,738,887 | $20,921,348 | $7,671,083 | $-2,182,461 |
| 2023 | $22,087,976 | $25,814,263 | $10,967,169 | $-3,726,287 |
| 2022 | $20,671,174 | $22,917,733 | $14,680,025 | $-2,246,559 |
| 2021 | $24,588,104 | $24,497,057 | $14,465,650 | $91,047 |
| 2020 | $14,642,325 | $15,277,692 | $14,267,190 | $-635,367 |
| 2019 | $19,352,817 | $18,745,252 | $14,458,834 | $607,565 |
| 2018 | $14,408,007 | $11,463,810 | $13,939,650 | $2,944,197 |
Compare ADVANCED FUNCTIONAL FABRICS OF AMERICA INC with other nonprofits in Massachusetts and across the country.