Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Development Corporation of Columbia Heights, founded in 1984, is a small nonprofit that reported $660K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Net assets of $1.4M represent 25 months of operating reserves.
See organizations mission on page 2
The affordable housing and commercial development program serves as a driving force in providing balanced, whole-life opportunities for the residents of the Columbia Heights Neighborhood located in...
The affordable housing and commercial development program serves as a driving force in providing balanced, whole-life opportunities for the residents of the Columbia Heights Neighborhood located in Northwest Washington, DC. The affordable housing and commercial development division has more than 21 units of affordable housing bfor low and moderate-income families and has assisted in the development of commercial businesses in ad around Colubia Heights since its first project in 1991.
The business and economic developemnt program offers support services and technical assistance designed to expand the capacities of small businesses and aspiring enterpreneurs in the Columbia Heights...
The business and economic developemnt program offers support services and technical assistance designed to expand the capacities of small businesses and aspiring enterpreneurs in the Columbia Heights neighborhood. DCCH initiatives have generated increased employment, scores of small business success stories, and fiscal investments in major retail development projects.
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 | $659,745 | $906,697 | -0.3% |
| Expenses | $703,642 | $771,839 | -0.1% |
| Net Income | $-43,897 | $134,858 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| Jesse J Wimbish | Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lester Cuffie | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lenwood Johnson | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Nyarku | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Doris Faulkner | Assistant Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tony Norman | Assistant Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Randy Jackson | Parliamentarian | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Koby Nyarku | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Kevin Cardwell | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rosemary Akinmboni | Chaplain | 1.00 |
Director
|
$0 | $0 | $0 |
| Kevin Cardell | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Timothy Cardwell | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Shelore Williams | President/CEO | 40.00 |
Key Emp
Highest
|
$83,000 | $0 | $83,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $659,745 | $703,642 | $3,162,825 | $-43,897 |
| 2022 | $906,697 | $771,839 | $3,251,512 | $134,858 |
| 2021 | $491,427 | $861,939 | $3,344,110 | $-370,512 |
| 2020 | $563,431 | $722,508 | $3,640,831 | $-159,077 |
| 2019 | $943,295 | $1,283,886 | $3,685,296 | $-340,591 |
| 2018 | $1,098,800 | $1,341,154 | $4,079,668 | $-242,354 |
Compare Development Corporation of Columbia Heights with other nonprofits in District of Columbia and across the country.