Chevy Chase, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE TULSA INITIATIVE INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $71K in total revenue in fiscal year 2021. Revenue surged 192% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 27% operating margin.
Our mission is to introduce entrepreneurs to positive role models, to develop intellect, and to build positive attitudes and a healthy mindset. We believe that through this initiative, entrepreneurial leaders will emerge and make a significant positive impact in the community.
The Tulsa Shark Tank concludes the Tulsa Leadership and Entrepreneurship Academy (TLEA), in an effort to stimulate the minority community economically by investing directly into driven individuals...
The Tulsa Shark Tank concludes the Tulsa Leadership and Entrepreneurship Academy (TLEA), in an effort to stimulate the minority community economically by investing directly into driven individuals who have exhibited a yearning to better themselves and their communities. The Tulsa Initiative Pitch Competition allows entrepreneurs who have gone through the Tulsa Leadership & Entrepreneurship Academy to present a business plan/pitch to a panel of successful entrepreneurs for funding opportunities. The Tulsa Initiative Pitch Competition awards Entrepreneurs thousands of dollars in funds to jump-start their very own venture as well as General Business, IT, Marketing etc. consultation packages.
The mission statement of the Tulsa Leadership and Entrepreneurship Academy is to introduce millennials to positive role models breeding intellectual development, building positive attitudes, and a...
The mission statement of the Tulsa Leadership and Entrepreneurship Academy is to introduce millennials to positive role models breeding intellectual development, building positive attitudes, and a healthy mindset while developing a connection and support amongst peers. This will be accomplished through an 10-week program that will feature a cohort of 10 men, aged 18-24 years old. The TLEA is focus on the following pillars in which the program is built upon with a focus on Entrepreneurship, as follows: The History of Black Entrepreneurship, Importance of Entrepreneurship in the Community, Understanding the Foundation of Business, Personal Growth, Ethics & Innovation, Understanding the Pitch, & Competitive Analysis, Funding Your Business,Personal Finances, and Building Your Team. Through a series of live web chats and video taking place weekly, scholars and mentors will be exposed to content related to the five focus areas. Scholars and mentors will additionally be given the ability to stay in connection with one another via a third-party application. Throughout the duration of the program, constant benchmarks and solicited feedback will be used in order to ensure the optimal effectiveness of the program.
Tulsa Speaks provides over 12 interactive workshops, seminars and keynote addresses.
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 | $71,297 | $24,409 | +1.9% |
| Expenses | $52,306 | $14,055 | +2.7% |
| Net Income | $18,991 | $10,354 | +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 |
|---|---|---|---|---|---|---|
| Qu'Derrick Covington | Executive Director/President CEO | 25 |
Officer
Director
Key Emp
|
$5,713 | $0 | $5,713 |
| Manuel Fleming II | Chief Operating Officer/Vice President | 25 |
Officer
Director
Key Emp
|
$2,025 | $0 | $2,025 |
| Ocie Stroud-Melvin | Assistant Executive Director/Chief Administrative Officer | 25 |
Key Emp
|
$343 | $0 | $343 |
| Kofi Martin Bannerman Jr | Chief Financial Officer | 20 |
Key Emp
|
$343 | $0 | $343 |
| Darren Douthitt | Chairman | 2 |
Director
|
$0 | $0 | $0 |
| Thomas Gaines | Vice Chair | 2 |
Director
|
$0 | $0 | $0 |
| Gregory Carson II | Board of Directors | 2 |
Director
|
$0 | $0 | $0 |
| Maddison Glenn | Board of Directors | 2 |
Director
|
$0 | $0 | $0 |
| Miranda Monroe | Board of Directors | 2 |
Director
|
$0 | $0 | $0 |
| ReAzalia Allen | Board of Directors | 2 |
Director
|
$0 | $0 | $0 |
| Brenton Logan | Board of Directors | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $71,297 | $52,306 | $39,003 | $18,991 |
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