Tuscaloosa, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CROOM FOUNDATION, founded in 2018, is a micro nonprofit in the Youth Development sector that reported $84K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $79K left a modest 6% surplus.
The Croom Foundation is committed to equipping youth and teenagers in Alabama and neighboring states with the guidance, education, and resources they need to succeed. Our mission is to close the opportunity gap by offering mentorship, academic support, and community-based programs that foster growth and achievement. We strive to help young people realize their potential, prepare for future success, and develop into strong leaders who contribute positively to their communities.
Officer Kennis Croom Memorial Scholarship awards students an academic scholarship to the college/university of their choice.
ELITE Program works with high school students as they are prepared for post high school opportunities that center around college/university as well as armed service and workforce jobs.
Project 180 mentors 5th grade students at a local performing arts school and works with them in the areas of creativity, behavior and attendance.
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 | $83,510 | $354,938 | -0.8% |
| Expenses | $78,653 | $355,830 | -0.8% |
| Net Income | $4,857 | $-892 | -6.4% |
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 |
|---|---|---|---|---|---|---|
| Dr Kelvin Croom | Board of Directors | 30 |
Director
|
$0 | $0 | $0 |
| Tracy Clyde | Board of Directors | 5 |
Officer
|
$0 | $0 | $0 |
| Sylvester Croom | Board of Directors | 5 |
Officer
|
$0 | $0 | $0 |
| Dr Tanecia Mitchell | Board of Directors | 5 |
Officer
|
$0 | $0 | $0 |
| Teresa Bivens | Board of Directors | 5 |
Officer
|
$0 | $0 | $0 |
| Kevin Croom | Executive Director | 5 |
Officer
|
$0 | $0 | $0 |
| Hannah Morales | Board of Directors | 5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $83,510 | $78,653 | $4,950 | $4,857 |
| 2024 | $354,938 | $355,830 | $93 | $-892 |
| 2023 | $236,916 | $243,220 | $985 | $-6,304 |
Compare CROOM FOUNDATION with other nonprofits in Alabama and across the country.