Seattle, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AFRICATOWN COMMUNITY LAND TRUST, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $7.2M in total revenue in fiscal year 2024.
Acquire, steward, develop land assets in the greater Seattle area to preserve and support Seattles Black/African diaspora community. Work with local stakeholders and the City of Seattle to provide affordable housing for vulnerable, disadvantaged Seattle residents.
Africatown Community Land Trust (ACLT) completed a $13.8 million acquisition of the former Keiro Rehabilitation Center, a full block in the heart of the Central District previously slated for...
Africatown Community Land Trust (ACLT) completed a $13.8 million acquisition of the former Keiro Rehabilitation Center, a full block in the heart of the Central District previously slated for market-rate development. In the midst of Seattles homelessness crisis, Benu Community Home made use of the existing facilities and established a culturally responsive shelter focused on reducing the disproportionate over-representation of unsheltered, Black men within the population. ACLT received funding from City of Seattle Human Services Department and King County Regional Homeless Authority. Hosted several community listening and outreach sessions to address concerns and discuss plans for Benu Community Home. Benu Community Home staff welcomed its first group of 30 community residents on December 1st 2021. For 2024, 190 individuals have been served, 116 Individuals got housing and 54 individuals got a temporary housing.
The organizations other program service activities include Africatown Plaza, Youth Achievement Center, South Walker and community events
The William Grose Center was revitalized, transformed, and officially opened its doors in the summer of 2022. WGC engages, empowers, and uplifts Seattles Black community by providing necessary...
The William Grose Center was revitalized, transformed, and officially opened its doors in the summer of 2022. WGC engages, empowers, and uplifts Seattles Black community by providing necessary resources- through the amplification of physical, intellectual and cultural assets-to break into new and emerging industries. The Center continues to function as a hub for entrepreneurship and small business development while serving as a nexus for innovation in Seattles Central District. WGC provided various programs to youth and adults in the community. Some of those programs included 7 Mad construction architecture workshops, 14 Time Armor Hackathon & Workshops, 17 Media Content, 15 Summer University Shirt workshops, 13 Summer of Sensors, 12 Smart Farming Summer Program: AI in Hydroponics & Vertical Farming, 24 FIUTS SUSI, 12 Virtual reality, 12 AI business development and 18 Worlds food cooking class.
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 | $7,207,996 | N/A | N/A |
| Expenses | $7,832,683 | N/A | N/A |
| Net Income | $-624,687 | N/A | 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 |
|---|---|---|---|---|---|---|
| K Wyking Garrett | Chief Executive Officer | 50.00 |
Key Emp
|
$223,250 | $0 | $223,250 |
| Cochise More | Director of Operations | 40.00 |
Highest
|
$112,350 | $0 | $112,350 |
| Rita Green | Finance Director | 40.00 |
Highest
|
$112,350 | $0 | $112,350 |
| Jorge Perez-Barros | Program Coordinator | 40.00 |
Highest
|
$111,332 | $0 | $111,332 |
| Jacqueline Armstrong | Chair | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Evan Kim | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Imani Moronkola | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $7,207,996 | $7,832,683 | $21,424,465 | $-624,687 |
| 2023 | $7,121,393 | $7,259,906 | $20,444,144 | $-138,513 |
| 2022 | $7,969,878 | $7,339,776 | $19,114,449 | $630,102 |
| 2021 | $4,812,847 | $2,083,342 | $18,901,202 | $2,729,505 |
| 2020 | $1,726,990 | $1,282,955 | $2,025,701 | $444,035 |
| 2019 | $436,258 | $367,688 | $1,447,465 | $68,570 |
| 2018 | $161,755 | $182,360 | $1,316,395 | $-20,605 |
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