Alexandria, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BERNIE L BATES FOUNDATION INC, founded in 1995, is a micro nonprofit in the Education sector that reported $65K in total revenue in fiscal year 2020. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $10K, a strong 15% operating margin.
The Foundation awards scholarships to college bound students and college students; sponsors and supports community based organizations and schools focused on educational activities and quality of life improvements. Foundation supports Food Banks and community activities such as talent enrichment, college preparation programs, and support and mentor youth.
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 | $204,970 | $156,496 | +0.3% |
| Expenses | $172,635 | $123,102 | +0.4% |
| Net Income | $32,335 | $33,394 | 0.0% |
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 |
|---|---|---|---|---|---|---|
| Marvin Chisolm | President | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Hector Sheppard Jr | Vice President | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Kenneth M Younger | Secretary | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Jeffrey L Owens | Treasurer | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Kerry Bell | Assistant Treasurer | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Bradford M Caldwell | Assistant Secretary | 4 |
Officer
Director
|
$0 | $0 | $0 |
| Jerome W Haggins | Director | 3 |
Director
|
$0 | $0 | $0 |
| Antonio Coleman | Director | 3 |
Director
|
$0 | $0 | $0 |
| Myron B McDaniels | Director | 3 |
Director
|
$0 | $0 | $0 |
| Maurice A Cogdell | Director | 3 |
Director
|
$0 | $0 | $0 |
| Richard G Morris | Director | 3 |
Director
|
$0 | $0 | $0 |
| Ray A Buckner | Director | 3 |
Director
|
$0 | $0 | $0 |
| Farrell J Duncombe II | Director | 3 |
Director
|
$0 | $0 | $0 |
| James W Cherry | Director | 3 |
Director
|
$0 | $0 | $0 |
| Chester B Keller | Director | 3 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $204,970 | $172,635 | $444,245 | $32,335 |
| 2024 | No data | No data | No data | No data |
| 2023 | $156,496 | $123,102 | $451,195 | $33,394 |
| 2023 | $156,496 | $123,102 | $451,195 | $33,394 |
| 2022 | $130,959 | $146,537 | $424,377 | $-15,578 |
| 2021 | $108,313 | $62,719 | $476,223 | $45,594 |
| 2020 | $65,351 | $55,422 | $382,187 | $9,929 |
Compare BERNIE L BATES FOUNDATION INC with other nonprofits in Virginia and across the country.