Biloxi, MS
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FORWARD PROGRESSION DEVELOPMENT INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $426K in total revenue in fiscal year 2021. Revenue surged 130% from the prior year, signaling strong growth momentum. Expenses of $370K left a modest 13% surplus.
To assist the growth of self-sufficiency and in economic business entrepreneurship focusing on minority, veteran, and women growth. Provide training, coaching, support and funding growth resources via - Digital Marketing, Online Training Modules, Events, Seminars and other viable avenues. Extending the knowledge and healthy use of AI in small businesses in underserved and represented concerns.
Extended Technology program services to further develop core program knowledge levels to participants. Developed core of program deployment and electronic/digital course structuring, implemented Team...
Extended Technology program services to further develop core program knowledge levels to participants. Developed core of program deployment and electronic/digital course structuring, implemented Team Strategy and CRM solutions to managed clients and constituents as well as developed and trained staff in program deployment. Deployed programs and rose awareness to further reach the desired community concerns. Launch and development of additional sub programs to support efforts. In addition reorganized program operations to accommodate functioning during the Covid 19 Pandemic which heavily impacted operations at all levels internal and external.
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $425,500 | $184,600 | +1.3% |
| Expenses | $369,600 | $143,699 | +1.6% |
| Net Income | $55,900 | $40,901 | +0.4% |
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 |
|---|---|---|---|---|---|---|
| Catrina Thompson | Director-President | 60 |
Officer
|
$115,200 | $0 | $115,200 |
| Shonna Thomas | Secretary | 30 |
Key Emp
|
$59,500 | $20,000 | $79,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $425,500 | $369,600 | $325,000 | $55,900 |
| 2020 | $184,600 | $143,699 | $165,000 | $40,901 |
| 2019 | $318,000 | $238,160 | $69,840 | $79,840 |
Compare FORWARD PROGRESSION DEVELOPMENT INC with other nonprofits in Mississippi and across the country.