Tougaloo, MS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TOUGALOO COLLEGE RESEARCH AND DEVELOPMENT INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. Expenses of $1.7M exceeded revenue, resulting in a 33% operating deficit.
SUPPORT THE RESEARCH AND DEVELOPMENT MISSION OF TOUGALOO COLLEGE AND OTHER HISTORICALLY BLACK COLLEGES AND UNIVERSITIES BY FORMING AND MANAGING RESEARCH AND CONTRACT PARTNERSHIPS, NCLUDING RESEARCH ENTIIEIS THAT CONDUCT A SUBSTANTIAL AMOUNT OF FEDERAL RESEARCH AND CONTRACTS.
MANSION: THE STATE OF MISSISSIPPI GRANT FUNDS ARE RESTRICTED FOR DEVELOPMENT OF MANSION PROPERTY AT TOUGALOO COLLEGE. REVENUE IS INTEREST EARNED ON BALANCE IN BANK ACCOUNT, WHEREIN REMAINING GRANT...
MANSION: THE STATE OF MISSISSIPPI GRANT FUNDS ARE RESTRICTED FOR DEVELOPMENT OF MANSION PROPERTY AT TOUGALOO COLLEGE. REVENUE IS INTEREST EARNED ON BALANCE IN BANK ACCOUNT, WHEREIN REMAINING GRANT PROCEEDS RESIDE. NO EXPENSES WERE INCURRED IN 2023.
GTRI: THIS IS AN EFFORT TO SUPPORT HBCU RESEARCH AND CONTRACT CAPACITY THROUGH PARTNERSHIPS WITH GEORGIA TECH RESEARCH INSTITUTE AND GEORGIA TECH. THE PARTNERSHIPS SUPPORT CURRENT GTRI PROJECTS AND...
GTRI: THIS IS AN EFFORT TO SUPPORT HBCU RESEARCH AND CONTRACT CAPACITY THROUGH PARTNERSHIPS WITH GEORGIA TECH RESEARCH INSTITUTE AND GEORGIA TECH. THE PARTNERSHIPS SUPPORT CURRENT GTRI PROJECTS AND SEEK FUNDED OPPORTUNITIES IN RESPONSE TO REQUESTS FOR PROPOSALS.
DARPA:The project enhanced outreach, education, and technology transition for non-traditional defense performers, demonstrating TCRDF's ability to build networks and foster collaboration.
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 | $1,269,508 | $689,992 | +0.8% |
| Expenses | $1,690,719 | $622,503 | +1.7% |
| Net Income | $-421,211 | $67,489 | -7.2% |
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 |
|---|---|---|---|---|---|---|
| N/A | PRESIDENT & CEO | 50 |
Officer
Highest
|
$228,645 | $0 | $228,645 |
| N/A | CHIEF ADMINISTRATIVE OFFICER | 30 |
Officer
|
$84,000 | $50,000 | $134,000 |
| N/A | CHIEF OPERATING OFFICER | 40 |
Officer
Highest
|
$129,970 | $0 | $129,970 |
| FAITH JOHNSON | SECRETARY | 30 |
Officer
|
$82,552 | $45,000 | $127,552 |
| JANA WILLIAMS | TREASURER | 20 |
Officer
|
$16,000 | $45,000 | $61,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,269,508 | $1,690,719 | $735,800 | $-421,211 |
| 2023 | $689,992 | $622,503 | $1,109,495 | $67,489 |
| 2022 | $494,822 | $529,222 | $1,044,846 | $-34,400 |
| 2021 | $360,514 | $313,401 | $1,070,915 | $47,113 |
Compare TOUGALOO COLLEGE RESEARCH AND DEVELOPMENT INC with other nonprofits in Mississippi and across the country.