Bismarck, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bismarck State College Innovations Foundation, founded in 2018, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2020. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $1.0M left a modest 7% surplus.
To support and advance Bismarck State College (BSC) through high quality training and education in foreign markets.
In the fiscal year ended June 30, 2021 operations established in the Kingdom of Saudi Arabia operated to develop skilled human capital and to become a strategic partner to many key industry...
In the fiscal year ended June 30, 2021 operations established in the Kingdom of Saudi Arabia operated to develop skilled human capital and to become a strategic partner to many key industry participants in the Kingdom. As of the Fiscal year ended June 30, 2021, the LLC will provided three types of training programs:1) A core diploma program2) Certain training on a customized basis to be carried out for companies or constituencies3) Administration and management of short seminars or courses that are structured by third parties and which may be led by third-party faculty The Foundation will provide personnel, educational content and other requirements.During the year we closely monitored our operations, our governmental guidance and restrictions, the changing needs of industry, and are actively working to address economic workforce development.
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)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $1,085,125 | $3,366,121 | -0.7% |
| Expenses | $1,006,585 | $3,046,748 | -0.7% |
| Net Income | $78,540 | $319,373 | -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 |
|---|---|---|---|---|---|---|
| Dan Leingang | Trustee | 0.30 |
Director
|
$0 | $38,429 | $178,196 |
| Rebecca Collins | Execute Director | 0.30 |
Officer
|
$0 | $37,598 | $177,221 |
| Larry Skogen | Trustee | 0.30 |
Director
|
$0 | $0 | $137,755 |
| Zachery Allen | General Manager thru Sept 2020 | 40.00 |
Officer
|
$137,610 | $0 | $137,610 |
| Sonya Koble | Secretary/Treasurer | 2.00 |
Officer
Director
|
$0 | $28,843 | $118,152 |
| Yousef Alzamil | General Manager starting Oct 2020 | 40.00 |
Officer
|
$113,779 | $0 | $113,779 |
| Kelvin Hullet | President | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| David Farnsworth | Vice President | 0.30 |
Officer
Director
|
$0 | $0 | $0 |
| David Clark | Trustee | 0.30 |
Director
|
$0 | $0 | $0 |
| Paul Sukut | Trustee | 0.30 |
Director
|
$0 | $0 | $0 |
| David Goodin | Trustee | 0.30 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $1,085,125 | $1,006,585 | $1,239,026 | $78,540 |
| 2020 | $3,366,121 | $3,046,748 | $2,524,901 | $319,373 |
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