FAIRFAX, VA
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)FOUNDATION FOR APPLIED TECHNICAL EDUCATION INC, founded in 1971, is a small nonprofit that reported $340K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Net assets of $2.2M represent 77 months of operating reserves.
PROMOTING TECHNICAL AND VOCATIONAL EDUCATION THROUGH THE PUBLIC SCHOOL SYSTEM OF FAIRFAX COUNTY, VIRGINIA.
THE STUDENT AUTO SALES (SAS) PROGRAM IS A UNIQUE AND INNOVATIVE PROGRAM IN THE COMMONWEALTH AS IT IS THE ONLY HIGH SCHOOL BASED AUTOMOTIVE DEALERSHIP. VEHICLES ARE GENEROUSLY DONATED BY THE COMMUNITY...
THE STUDENT AUTO SALES (SAS) PROGRAM IS A UNIQUE AND INNOVATIVE PROGRAM IN THE COMMONWEALTH AS IT IS THE ONLY HIGH SCHOOL BASED AUTOMOTIVE DEALERSHIP. VEHICLES ARE GENEROUSLY DONATED BY THE COMMUNITY TO ONE OF THE 13 AUTOMOTIVE PROGRAMS WITHIN FCPS AND ASSESSED FOR SALE. SALEABLE VEHICLES ARE REPAIRED BY AUTOMOTIVE STUDENTS AND RESOLD BY THE DEALERSHIP. STUDENTS ARE EXPOSED TO THE ENTIRE PROCESS AND MIRRORS THAT OF A DEALERSHIP: EVALUATION, REPAIR, PREPARATION FOR SALE, VA INSPECTION, PRICING, AND FINALLY THE SALE. VEHICLES ARE SOLD AT OUR MARSHALL ACADEMY DEALERSHIP TO WALK-IN BUYERS OR SOLD ON A PUBLIC AUCTION SITE.FOR THE 2024-25 SCHOOL YEAR, ENDING THIRD QUARTER MARCH 28, 2025, SAS RECEIVED 158 DONATIONS AND SOLD 88 VEHICLES WHICH TRANSLATED INTO $186,018 IN SALES. FROM THAT AMOUNT, $139,513.50 WAS RETURNED TO AUTO PROGRAMS FOR REPAIRS AND IMPROVEMENTS, TOOLS, AND OTHER NECESSITIES.
RESIDENTIAL CONSTRUCTION PROGRAM: THE RESIDENTIAL CONSTRUCTION SITE AT SPRING VILLAGE IS QUICKLY BEING COMPLETED WITH BEAUTIFUL, STUDENT BUILT HOMES. A TOTAL OF 18 HOMES ARE SLOTTED FOR COMPLETION...
RESIDENTIAL CONSTRUCTION PROGRAM: THE RESIDENTIAL CONSTRUCTION SITE AT SPRING VILLAGE IS QUICKLY BEING COMPLETED WITH BEAUTIFUL, STUDENT BUILT HOMES. A TOTAL OF 18 HOMES ARE SLOTTED FOR COMPLETION AND TO DATE, THIRTEEN HOMES HAVE BEEN FINISHED BY THE STUDENTS AND COMMUNITY PARTNERS. FATE AND FCPS HAVE HAD MEETINGS WITH FAIRFAX COUNTY EXECUTIVES AND PRIVATE INDUSTRY PERSONNEL HOPING TO IDENTIFY FUTURE SITES. THIS IS VITALLY IMPORTANT TO THE MISSION OF FATE AND THE SUCCESS OF THE STUDENTS OF FAIRFAX COUNTY PUBLIC SCHOOLS. THE PROCESS OF IDENTIFYING AND SECURING A SUITABLE BUILDING SITE IS EXTREMELY TIME CONSUMING AND ONCE A SITE IS FOUND, THERE CAN BE YEARS OF PREPARATION BEFORE WE CAN BEGIN BUILDING.
SCHOLARSHIPS: FOR MORE THAN 16 YEARS, FATE HAS ANNUALLY AWARDED SCHOLARSHIPS TO SUPPORT ACADEMIC, APPRENTICESHIP, AND TOOLS TO SUPPORT FURTHERING INDIVIDUAL STUDENTS OPPORTUNITIES. TO DATE, FATE HAS...
SCHOLARSHIPS: FOR MORE THAN 16 YEARS, FATE HAS ANNUALLY AWARDED SCHOLARSHIPS TO SUPPORT ACADEMIC, APPRENTICESHIP, AND TOOLS TO SUPPORT FURTHERING INDIVIDUAL STUDENTS OPPORTUNITIES. TO DATE, FATE HAS AWARDED 136 ACADEMIC AND TOOL STUDENT SCHOLARSHIPS TOTALING OVER $353,300 IN ORDER TO PROMOTE CAREER AND TECHNICAL EDUCATION FOR GRADUATING SENIORS THAT ARE PURSUING POST-SECONDARY EDUCATION OR IMMEDIATE EMPLOYMENT OPPORTUNITIES WITHIN ONE OF OUR THREE MAIN PROGRAM FOCUSES: RESIDENTIAL CONSTRUCTION, ENTREPRENEURSHIP, AND SCHOOL AUTO SALES.THIS YEAR, FATE RECEIVED 30 APPLICATIONS FROM OUR ELECTRICAL CONSTRUCTION, AUTOMOTIVE, WELDING, AND ENTREPRENEURSHIP PROGRAM STUDENTS. FATE AWARDED SEVEN SCHOLARSHIPS THIS MAY TO DESERVING STUDENTS WITH ACADEMIC, APPRENTICESHIP, AND TOOL AWARDS TO CONTINUE SUPPORTING THE POST-SECONDARY EDUCATION AND EMPLOYMENT OPPORTUNITIES FROM FATE FOCUSED STUDENT PROGRAMS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $339,906 | $421,691 | -0.2% |
| Expenses | $360,983 | $401,597 | -0.1% |
| Net Income | $-21,077 | $20,094 | -2.0% |
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 |
|---|---|---|---|---|---|---|
| EDWARD JOHNSON | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN ALTMAN | VICE PRESIDENT | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| NATALIE ANZZOLIN | SECRETARY/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL R KIEFFER | BOARD COUNSEL | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH DESIO | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| JULIE HOLMES | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| KYLE KRATZER | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| KAYVAN JABOORI | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| KRITI RANI RAO | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| MATT SEVERANCE | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| STAN STEWART | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| TERESE WILSON | DIRECTOR | 0.30 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $339,906 | $360,983 | $3,969,602 | $-21,077 |
| 2024 | $421,691 | $401,597 | $4,041,801 | $20,094 |
| 2023 | $589,231 | $466,266 | $3,942,324 | $122,965 |
| 2022 | $512,070 | $431,818 | $3,659,296 | $80,252 |
| 2021 | $154,639 | $251,125 | $3,500,754 | $-96,486 |
Compare FOUNDATION FOR APPLIED TECHNICAL EDUCATION INC with other nonprofits in Virginia and across the country.