FAIRFAX, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDATION FOR APPLIED TECHNICAL EDUCATION INC, founded in 1971, is a small nonprofit that reported $155K in total revenue in fiscal year 2020. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $251K exceeded revenue, resulting in a 62% operating deficit.
PROMOTING TECHNICAL AND VOCATIONAL EDUCATION THROUGH THE PUBLIC SCHOOL SYSTEM OF FAIRFAX COUNTY, VIRGINIA. ITS MOST SIGNIFICANT ACTIVITIES FOR THE YEAR WERE ITS STUDENT RESIDENTIAL CONSTRUCTION PROJECT IN SPRINGFIELD, VIRGINIA, ITS STUDENT AUTO SALES PROGRAM IN WHICH STUDENTS WERE PROVIDED WITH TRAINING OPPORTUNITIES IN AUTOMOTIVE TECHNOLOGY AND AUTOMOTIVE COLLISION SERVICE AND ITS SCHOLARSHIP PROGRAM.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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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
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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 |
|---|---|---|---|---|---|---|
| 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.