Birmingham, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BIRMINGHAM PROMISE INC, founded in 2019, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2019. The organization ran a surplus of $2.2M, a strong 98% operating margin.
The Mission of Birmingham Promise is to transform futures and advance Birmingham by re-engineering education and workforce systems. The Birmingham Promise has two primary components: (1) youth apprenticeships, which provide Birmingham City School (BCS) juniors and seniors with paid, high-quality work-based learning experiences and (2) postsecondary financial support, which enables BCS graduates to attend in-state, public institutions tuition-free. The goal is to serve at least 10,000 BCS students by 2030.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $7,953,999 | $6,387,834 | +0.2% |
| Expenses | $7,059,264 | $4,823,104 | +0.5% |
| Net Income | $894,735 | $1,564,730 | -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 |
|---|---|---|---|---|---|---|
| Will Clark | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Mayor Randall Woodfin | Ex-Officio Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ralph Williams | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Mark Sullivan | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Khadijah Abdullah | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Cathy Sloss Jones | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Danny McKinney | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Larry Thornton Sr | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sara Newell | Ex-Officio Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rachel Harmon | Ex-Officio Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Leroy Abrahams | Board Chairman | 1.00 |
Officer
|
$0 | $0 | $0 |
| Josh Carpenter | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Samantha Williams | Executive Director | 40.00 |
Officer
|
$161,402 | $14,657 | $176,059 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $7,953,999 | $7,059,264 | $12,741,689 | $894,735 |
| 2022 | $6,387,834 | $4,823,104 | $11,865,752 | $1,564,730 |
| 2021 | $8,427,108 | $3,232,678 | $10,392,219 | $5,194,430 |
| 2019 | $2,281,035 | $47,671 | $2,280,926 | $2,233,364 |
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