HUNTSVILLE, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DRAKE STATE TECHNICAL COLLEGE FOUNDATION INC, founded in 1989, is a small nonprofit that reported $229K in total revenue in fiscal year 2022. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 61% operating margin.
TO SUPPORT THE ACTIVITIES OF DRAKE COMMUNITY COLLEGE.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $319,840 | $229,288 | +0.4% |
| Expenses | $248,315 | $88,860 | +1.8% |
| Net Income | $71,525 | $140,428 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| ALKA BHARGAV | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| AMBRIA LANKFORD | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| ARIN ZAPF | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| BRAD BURNS | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| CHARLIE BURRUSS | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DANIEL KASAMBIRA | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| DAVID PERSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DENETRA HARTZOG-MITCHELL | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| JOHN MEREDITH | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| KAROCKAS WATKINS | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| LATONYA MUMPFIELD | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| LAURA HALL | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| LORI KING-TAYLOR | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| PATRICIA SIMS | EX-OFFICIO MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAVONNE CAMMACK | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| TRISTA GLADISH | MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| VAN STRICKLAND | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEXIS TONEY | TREASURER | 2.50 |
Officer
|
$0 | $0 | $0 |
| DICK REEVES | VICE PRESIDENT | 0.50 |
Officer
|
$0 | $0 | $0 |
| DR BETH B RICHARDSON | PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| MONA MILLER | SECRETARY | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $319,840 | $248,315 | $384,250 | $71,525 |
| 2022 | $229,288 | $88,860 | $311,737 | $140,428 |
Compare DRAKE STATE TECHNICAL COLLEGE FOUNDATION INC with other nonprofits in Alabama and across the country.