Richfield, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SCITECH ACADEMY, founded in 2016, is a community nonprofit in the Education sector that reported $5.3M in total revenue in fiscal year 2022.
SciTech Academy will deliver all-inclusive Science, Technology, Engineering, and Mathematics (STEM) curriculum to engage, empower and educate inner city students including immigrant children to better prepare future American generations. SciTech Academy will prepare students for competitive global economy through STEM, so Students can achieve successful academic goals. SciTech Academy will provide all students with the opportunity to attain successful careers and fulfilling lives by preparing them for high school, college and careers in an ever changing, highly competitive, global community and by developing their sense of social responsibility to support and serve others.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $5,336,068 | $5,202,157 | +0.0% |
| Expenses | $5,740,397 | $5,421,029 | +0.1% |
| Net Income | $-404,329 | $-218,872 | +0.8% |
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 |
|---|---|---|---|---|---|---|
| Abdi Abdulle | Ex-Officio | 40 |
Officer
|
$145,202 | $21,142 | $166,344 |
| Ibrahim Mohamed | Member | 40 |
Director
|
$48,948 | $8,839 | $57,787 |
| Ubah Mohamud | Member | 40 |
Director
|
$37,314 | $6,310 | $43,624 |
| Abdirizak Warfa | Chair | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Mohamed Mohamoud | Treasurer | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Farhiya Farax | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $5,336,068 | $5,740,397 | $4,479,773 | $-404,329 |
| 2022 | $5,202,157 | $5,421,029 | $3,098,639 | $-218,872 |
| 2021 | $4,789,715 | $4,275,999 | $2,494,298 | $513,716 |
| 2020 | $3,649,365 | $3,630,561 | $1,619,702 | $18,804 |
Compare SCITECH ACADEMY with other nonprofits in Minnesota and across the country.