AUSTIN, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AUSTIN COMMUNITY GROWTH VENTURES, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $152K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $182K exceeded revenue, resulting in a 20% operating deficit.
AUSTIN COMMUNITY GROWTH VENTURES (ACGV) WAS ESTABLISHED AS A 501(C)(3) CHARITABLE ORGANIZATION BY THE DEVELOPMENT CORPORATION OF AUSTIN WITH THE OVERALL GOAL TO PROMOTE, ENCOURAGE, AND AID IN THE CREATION OF AN INNOVATIVE ECOSYSTEM THAT SUPPORTS EDUCATION, CREATES QUALITY JOBS, AND INCREASES THE NEW APPLICATION OF BIOTECHNOLOGY, AGIRCULTURAL TECHNOLOGY, AND FOOD SCIENCE. ACGV WILL SERVE AS A KEY FACILITATOR IN AFFORDING EARLY STAGE COMPANIES AND DEVELOPED COMPANIES A CHANCE TO SUCCEED BY PROVIDING EDUCATION AND TRAINING IN IDEA DEVELOPMENT ASSISTANCE, PATENT SUBMISSION, BUSINESS PLANNING ASSISTANCE, AND FINANCING.
TO SERVE AS A RESEARCH ACCELERATOR FOR BIOTECHNOLOGY COMPANIES INVOLVED IN ECONOMIC DEVELOPMENT BY PROVIDING OFFICE AND LABORATORY SPACE AND ACCESS TO EQUIPMENT, RESEARCH COLLABORATION WITH FACULTY...
TO SERVE AS A RESEARCH ACCELERATOR FOR BIOTECHNOLOGY COMPANIES INVOLVED IN ECONOMIC DEVELOPMENT BY PROVIDING OFFICE AND LABORATORY SPACE AND ACCESS TO EQUIPMENT, RESEARCH COLLABORATION WITH FACULTY AND STAFF OF THE HORMEL INSTITUE, A PROGRAM OF THE UNIVERSITY OF MINNESOTA AND STUDENTS, FACULTY AND STAFF OF RIVERLAND COMMUNITY COLLEGE, A MEMBER OF MINNESOTA STATE COLLEGES AND UNIVERSITIES IN THE CITY OF AUSTIN, MINNESOTA. PROVIDES BUSINESS EDUCATION TO SMALL BUSINESS OWNERS AND ASPIRING ENTREPRENEURS.
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 | $151,725 | $162,652 | -0.1% |
| Expenses | $182,055 | $202,293 | -0.1% |
| Net Income | $-30,330 | $-39,641 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| GEOFF SMITH | CHAIR | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| GAIL DENNISON | SECRETARY/TREASURER | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| PHIL MINERICH | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| DAN HOFFMAN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| CRAIG JOHNSON | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN GARRY | EXECUTIVE DIRECTOR - DCA | 8.00 |
Officer
|
$0 | $3,941 | $135,310 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $151,725 | $182,055 | $212,825 | $-30,330 |
| 2023 | $162,652 | $202,293 | $259,300 | $-39,641 |
| 2022 | $187,336 | $347,596 | $294,741 | $-160,260 |
| 2021 | $107,773 | $86,407 | $476,066 | $21,366 |
| 2020 | $1,082,780 | $35,499,129 | $1,306,400 | $-34,416,349 |
| 2019 | $20,715,736 | $1,031,287 | $35,795,928 | $19,684,449 |
| 2018 | $13,557,225 | $196,916 | $16,517,792 | $13,360,309 |
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