Unionville, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AFRICULTURE, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $243K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 41% operating margin.
Africulture highlights, explores, teaches, and enhances the principles, practices, plants and people of African descent that have contributed to agriculture. Africulture provides outreach and training to targeted communities such as racial and ethnic groups in Virginia and throughout the country. Africulture conducts workshops, seminars, teach ins, and trainings in racial understanding and equity, in diversity and inclusion and provides audits, rubrics and metrics in these areas to assist institutions and organizations to analyze themselves and offer paths for improvement.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $249,576 | $243,178 | +0.0% |
| Expenses | $204,651 | $144,113 | +0.4% |
| Net Income | $44,925 | $99,065 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| Michael Carter | Executive Director | 10 |
Officer
Key Emp
|
$13,575 | $0 | $13,575 |
| Aita Amaize | Member | 2 |
Director
|
$0 | $0 | $0 |
| Seidah Armstrong | Member | 2 |
Director
|
$0 | $0 | $0 |
| Duron Chavis | Member | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $249,576 | $204,651 | $219,542 | $44,925 |
| 2023 | $243,178 | $144,113 | $174,617 | $99,065 |
Compare AFRICULTURE with other nonprofits in Virginia and across the country.