Lake Worth, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMON GROUNDS COMMUNITY DEVELOPMENT CORP, founded in 2006, is a small nonprofit in the Education sector that reported $347K in total revenue in fiscal year 2024. Revenue surged 175% from the prior year, signaling strong growth momentum. The organization ran a surplus of $143K, a strong 41% operating margin.
Rallying a creative and thriving community of artists and entrepreneurs through connection, education, and inspiration to grow and give back.
Social Entrepreneurship program
Creative Arts Academy imparts the arts, empowers intellect, and trains life-long musicians of all ages through group and private instrumental and voice lessons and through our other arts programing.
1201 Comm-unity Workshops and Events
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $346,833 | $126,000 | +1.8% |
| Expenses | $203,431 | $126,000 | +0.6% |
| Net Income | $143,402 | $0 | N/A |
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 |
|---|---|---|---|---|---|---|
| Kelly Olive | O | 30 |
Officer
Key Emp
Highest
|
$15,923 | $0 | $15,923 |
| Vincent Prescott | O | 10 |
Officer
Key Emp
|
$10,600 | $0 | $10,600 |
| Mike Olive | P | 2 |
Officer
|
$0 | $0 | $0 |
| Cristina Tortoloni | O | 0.5 |
Officer
|
$0 | $0 | $0 |
| Bob Padgett | O | 2 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $346,833 | $203,431 | $145,402 | $143,402 |
| 2023 | $126,000 | $126,000 | $2,000 | No data |
| 2022 | $124,000 | $124,000 | $1,000 | No data |
| 2021 | $177,000 | $134,110 | $175,337 | $42,890 |
| 2020 | $184,900 | $131,902 | $132,447 | $52,998 |
| 2019 | $170,000 | $170,000 | No data | No data |
| 2018 | $430,000 | $355,885 | $762,000 | $74,115 |
Compare COMMON GROUNDS COMMUNITY DEVELOPMENT CORP with other nonprofits in Florida and across the country.