FRANKFORT, KY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMONWEALTH CENTER FOR COMMERCIALIZATION INC, founded in 2018, is a micro nonprofit that reported $43K in total revenue in fiscal year 2019. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $14.8M exceeded revenue, resulting in a 34011% operating deficit.
THE ORGANIZATION'S MISSION IS TO SUPPORT AND ACCELERATE SCIENCE AND TECHNOLOGY INVENTION AND ENTREPRENEURSHIP ACROSS THE STATE OF KENTUCKY BY PROVIDING CAPITAL INVESTMENTS TO SMALL AND MEDIUM-SIZED KENTUCKY BASED COMPANIES WHILE ADMINISTERING THE INITIATIVES AND PROGRAMS OF THE KENTUCKY INNOVATION ACT, INCLUDING ADMINISTERING THE OBJECTIVES OF THE KENTUCKY ENTERPRISE FUND, THE KENTUCKY RURAL INNOVATION FUND, AND THE KENTUCKY COMMERCIALIZATION FUND
THE ORGANIZATION WILL REVIEW APPLICATIONS, QUALIFY COMPANIES, AND CERTIFY QUALIFIED COMPANIES WHO WISH TO BENEFIT FROM THE KENTUCKY ENTERPRISE FUND, THE KENTUCKY RURAL INNOVATION FUND, OR THE...
THE ORGANIZATION WILL REVIEW APPLICATIONS, QUALIFY COMPANIES, AND CERTIFY QUALIFIED COMPANIES WHO WISH TO BENEFIT FROM THE KENTUCKY ENTERPRISE FUND, THE KENTUCKY RURAL INNOVATION FUND, OR THE KENTUCKY COMMERCIALIZATION FUND. THE ORGANIZATION HAS AN APPLICATION PROCESS TO DETERMINE WHICH COMPANIES ARE UNDERGOING PROJECTS THAT ARE LIKELY TO PRODUCE MEASUREABLE RESULTS AND BE TECHNICALLY SOUND, LEAD TO INNOVATIVE TECHNOLOGY OR NEW KNOWLEDGE, LEAD TO COMMERCIALLY SUCCESSFUL PRODUCTS, PROCESSES, OR SERVICES WITHIN A REASONABLE PERIOD OF TIME, OR SHOW SIGNIFICANT POTENTIAL FOR STIMULATING ECONOMIC GROWTH AND A REASONABLE PROBABILITY TO ENCHANCE EMPLOYMENT OPPORTUNITIES WITHIN THE COMMONWEALTH OF KENTUCKY.
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)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $43,428 | $14,770,274 | -1.0% |
| Expenses | $14,813,687 | $15 | +987578.1% |
| Net Income | $-14,770,259 | $14,770,259 | -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 |
|---|---|---|---|---|---|---|
| JACKSON ANDREWS | DIRECTOR & TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| AARON THOMPSON | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| WENDY LEA | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| IAN MCCLURE | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| TERRY GILL | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| BRIAN MEFFORD | DIRECTOR & PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| VIVEK SARIN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $43,428 | $14,813,687 | No data | $-14,770,259 |
| 2019 | $14,770,274 | $15 | $14,770,259 | $14,770,259 |
Compare COMMONWEALTH CENTER FOR COMMERCIALIZATION INC with other nonprofits in Kentucky and across the country.