POMPANO BEACH, FL
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)THE VENTURE MENTORING TEAM INC, founded in 2016, is a small nonprofit that reported $127K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $184K exceeded revenue, resulting in a 45% operating deficit.
VMT CONNECTS ENTREPRENEURS WITH EXPERIENCED MENTORS TO SUPPORT THEIR BUSINESS GROWTH AND DEVELOPMENT. OUR TEAM OF OVER 250 CERTIFIED VOLUNTEER MENTORS OPERATES UNDER A STRICT CODE OF CONDUCT AND PROVIDES GUIDANCE IN AREAS SUCH AS BUSINESS STRATEGY, FUNDRAISING, AND OPERATIONS THROUGH STRUCTURED TEAM MENTORING SESSIONS. THE VMT AIMS TO CREATE A SAFE, INCLUSIVE, AND SUPPORTIVE ENVIRONMENT WHERE ENTREPRENEURS CAN ACCESS THE RESOURCES AND EXPERTISE THEY NEED TO SUCCEED.
THE VMT OPERATES MENTORING CHAPTERS HOSTED BY COMMUNITY PARTNERS LIKE UNIVERSITIES AND ECONOMIC DEVELOPMENT ORGANIZATIONS. WE OFFER A COMPREHENSIVE MENTORING PROGRAM THAT INCLUDES EXTENSIVE MENTOR...
THE VMT OPERATES MENTORING CHAPTERS HOSTED BY COMMUNITY PARTNERS LIKE UNIVERSITIES AND ECONOMIC DEVELOPMENT ORGANIZATIONS. WE OFFER A COMPREHENSIVE MENTORING PROGRAM THAT INCLUDES EXTENSIVE MENTOR TRAINING AND CERTIFICATION, ONGOING SUPPORT, AND RESOURCES FOR BOTH MENTORS AND MENTEES. OUR MENTORS VOLUNTEER THEIR TIME TO HELP ENTREPRENEURS NAVIGATE THE CHALLENGES OF BUILDING AND SCALING THEIR BUSINESSES. THE VMT ALSO ENGAGES IN COLLABORATIVE FUNDRAISING AND PROVIDES GRANT WRITING SUPPORT TO HELP OUR CHAPTERS SECURE NECESSARY FUNDING.SINCE OUR INCEPTION, WE HAVE SUCCESSFULLY MENTORED OVER ONE THOUSAND STARTUPS AND SMALL BUSINESSES, HELPING THEM ACHIEVE SUSTAINABILITY AND GROWTH. OUR MENTORING APPROACH HAS CONTRIBUTED TO JOB CREATION AND ECONOMIC DEVELOPMENT WITHIN THE COMMUNITIES WE SERVE.THE VMT'S OPERATIONS ARE FUNDED THROUGH PROGRAM FEES, DONATIONS, AND GRANTS FROM OUR COMMUNITY PARTNERS INCLUDING UNIVERSITIES, FOUNDATIONS, GOVERNMENT AND CORPORATE SPONSORS. IN SELECT SITUATIONS, WE DEFER FEES TO ENABLE PARTNERS TO LAUNCH NEW CHAPTERS PRIOR TO SECURING FUNDING.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $127,210 | $190,250 | -0.3% |
| Expenses | $184,487 | $198,261 | -0.1% |
| Net Income | $-57,277 | $-8,011 | +6.1% |
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 |
|---|---|---|---|---|---|---|
| ROBERT NELSON | CEO | 60.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM RYAN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| TOM MERSCH | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $127,210 | $184,487 | $206,709 | $-57,277 |
| 2022 | $190,250 | $198,261 | $263,986 | $-8,011 |
| 2021 | $264,211 | $149,844 | $271,997 | $114,367 |
| 2020 | $61,887 | $31,391 | $157,630 | $30,496 |
| 2019 | $100,000 | $33,201 | $127,134 | $66,799 |
Compare THE VENTURE MENTORING TEAM INC with other nonprofits in Florida and across the country.