Carnegie, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Art Institute of Virginia Beach Aii LLC, founded in 2017, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $3.1M exceeded revenue, resulting in a 61% operating deficit.
SEE SCH O
THIS ENTITY IS AN INSTITUTION OF HIGHER EDUCATION THAT OFFERS ACADEMIC PROGRAMS AND CERTIFICATES IN THE FIELDS OF CULINARY, FASHION, MEDIA AND DESIGN. ALL PROGRAMS ARE ACCREDITED BY THE SOUTHERN...
THIS ENTITY IS AN INSTITUTION OF HIGHER EDUCATION THAT OFFERS ACADEMIC PROGRAMS AND CERTIFICATES IN THE FIELDS OF CULINARY, FASHION, MEDIA AND DESIGN. ALL PROGRAMS ARE ACCREDITED BY THE SOUTHERN ASSOCIATION OF COLLEGES AND SCHOOLS COMMISSION ON COLLEGES (SACSCOC). THE INSTITUTION IS COMMITTED TO ACADEMIC QUALITY AND STUDENT SUCCESS. FACULTY UTILIZE STATE-OF-THE-ART TECHNOLOGY TO ENSURE GRADUATES RECEIVE INDUSTRY-RELEVANT SKILLS AND TRAINING. DURING THE PERIOD, THE AVERAGE MONTHLY ENROLLMENT WAS 79 WITH 8 STUDENTS GRADUATING.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,909,548 | $3,959,542 | -0.5% |
| Expenses | $3,075,728 | $4,354,700 | -0.3% |
| Net Income | $-1,166,180 | $-395,158 | +2.0% |
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 |
|---|---|---|---|---|---|---|
| CLAUDE H BROWN | FORMER CHANCELLORCEO | 5.00 |
Officer
Director
|
$0 | $11,357 | $348,004 |
| ELDEN MONDAY | FORMER INTERIM SCHOOL PRESIDE | 10.00 |
Officer
|
$0 | $15,686 | $227,779 |
| DENIS YEVSTIFEYEV | FORMER CHIEF FINANCIAL OFFICE | 5.00 |
Officer
|
$0 | $912 | $200,046 |
| WENDY BAKER | FORMER GENERAL COUNSEL | 5.00 |
Officer
|
$0 | $457 | $99,028 |
| FLORENCE TATE | CHAIR OF THE BOARD | 1.00 |
Officer
Director
|
$0 | $0 | $80,000 |
| TRAY CROW | FORMER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JANET DAY | FORMER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| PHILLANA WILLIAMS | FORMER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISON M BALLARD | FORMER TRUSTEECHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| CALVIN BROWN | FORMER TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER BEVANS | FORMER SECRETARY TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $1,909,548 | $3,075,728 | No data | $-1,166,180 |
| 2022 | $3,959,542 | $4,354,700 | $3,146,507 | $-395,158 |
| 2021 | $5,855,992 | $5,798,291 | $2,445,131 | $57,701 |
| 2020 | $6,142,249 | $6,201,629 | $2,291,144 | $-59,380 |
Compare The Art Institute of Virginia Beach Aii LLC with other nonprofits in Pennsylvania and across the country.