SOMERVILLE, MA
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)POWDERHOUSE STUDIOS LIMITED, founded in 2016, is a small nonprofit that reported $322K in total revenue in fiscal year 2018. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $694K exceeded revenue, resulting in a 116% operating deficit.
TO ADVANCE THE ART AND SCIENCE OF SEEING OLD THINGS IN NEW WAYS THROUGH RESEARCH AND DEVELOPMENT, EXPLORING THE POTENTIAL OF COMPUTATION AND STORY TELLING TO ENABLE AND SUPPORT INDEPENDENT INVESTIGATION. TO ACCOMPLISH THIS, WE HAVE SET UP A NEW HIGH SCHOOL IN SOMERVILLE UNDER THE MASSACHUSETTS INNOVATION SCHOOL LEGISLATION. THE MISSION OF THIS SCHOOL IS TO SUPPORT YOUNG PEOPLE IN THEIR TRANSITION FROM STUDENTS (LARGELY PASSIVE RECIPIENTS OF INFORMATION) INTO INDEPENDENT INVESTIGATORS. THIS HIGH SCHOOL WILL OFFER US SANDBOX AND CONTEXT TO DEVELOP THE TOOLS, MATERIALS, AND PROGRAMS WHICH SIT AT THE CORE OF OUR MISSION, POWERING OUR EDUCATIONAL, RESEARCH, AND DESIGN WORK.
POWDERHOUSE STUDIOS IS A SMALL, NEW HIGH SCHOOL SLATED TO OPEN 2020 IN SOMERVILLE. INSPIRED BY THE BEST CREATIVE WORKPLACES, STUDIOS, AND LABS, WE'VE REDESIGNED SCHOOL TO BUILD A PLACE LIKE THESE...
POWDERHOUSE STUDIOS IS A SMALL, NEW HIGH SCHOOL SLATED TO OPEN 2020 IN SOMERVILLE. INSPIRED BY THE BEST CREATIVE WORKPLACES, STUDIOS, AND LABS, WE'VE REDESIGNED SCHOOL TO BUILD A PLACE LIKE THESE WHERE TEENAGERS WORK ON PROJECTS THEY CARE ABOUT.
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)| 2018 | 2017 | Change | |
|---|---|---|---|
| Revenue | $321,726 | $860,379 | -0.6% |
| Expenses | $694,298 | $56,976 | +11.2% |
| Net Income | $-372,572 | $803,403 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| ALEC MICHAEL RESNICK | PRESIDENT AND CLERK | 40.00 |
Officer
Director
|
$65,000 | $4,776 | $69,776 |
| SHAUNALYNN DUFFY | TREASURER | 40.00 |
Officer
Director
|
$65,000 | $4,720 | $69,720 |
| BAKHTIAR MIKHAK | DIRECTOR | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2018 | $321,726 | $694,298 | $514,869 | $-372,572 |
Compare POWDERHOUSE STUDIOS LIMITED with other nonprofits in Massachusetts and across the country.