WEST PALM BEACH, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE 1909 FOUNDATION INC, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $691K in total revenue in fiscal year 2023. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $140K, a strong 20% operating margin.
TO SUPPORT THE HOLISTIC DEVELOPMENT OF CREATORS TO FOSTER MINDFUL INNOVATION AND UPLIFT OUR COMMUNITY.
INCUBATOR SPACE: 1909 PROVIDES AFFORDABLE SHARED WORKSPACE DESIGNED TO SUPPORT FOUNDERS IN THEIR DAY TO JOURNEY OF ENTREPRENEURSHIP. THE SPACE PROVIDES HIGH SPEED WI-FI, PRINTING, CONFERENCE ROOMS...
INCUBATOR SPACE: 1909 PROVIDES AFFORDABLE SHARED WORKSPACE DESIGNED TO SUPPORT FOUNDERS IN THEIR DAY TO JOURNEY OF ENTREPRENEURSHIP. THE SPACE PROVIDES HIGH SPEED WI-FI, PRINTING, CONFERENCE ROOMS, BRAINSTORM AREAS AND A COMMUNITY OF OTHER FOUNDERS TO PROVIDE SUPPORT. WE SUPPORT OVER 230 MEMBERS IN OUR INCUBATOR SPACE.
ACCELERATOR PROGRAM: 6 MONTH, APPLICATION-BASED BUSINESS ACCELERATOR AND MENTORSHIP PROGRAM DESIGNED TO HELP FOUNDERS DEVELOP THEIR IDEAS INTO SUCCESSFUL BUSINESSES. WE SUPPORTED 8 NEW ENTREPRENEURS...
ACCELERATOR PROGRAM: 6 MONTH, APPLICATION-BASED BUSINESS ACCELERATOR AND MENTORSHIP PROGRAM DESIGNED TO HELP FOUNDERS DEVELOP THEIR IDEAS INTO SUCCESSFUL BUSINESSES. WE SUPPORTED 8 NEW ENTREPRENEURS WITH THE DEVELOPMENT AND LAUNCH OF THEIR BUSINESSES. WE OFFER BUSINESS COURSES TO HELP FOUNDERS TURN THEIR IDEAS INTO REAL BUSINESSES. OUR PROGRAMS ARE BASED ON COLLABORATIVE LEARNING, WHICH IS THE EDUCATIONAL APPROACH OF USING GROUPS TO ENHANCE LEARNING THROUGH WORKING TOGETHER. THIS STYLE OF LEARNING IS PROVEN TO HELP PARTICIPANTS DEVELOP SOCIAL SKILLS, LEARN FROM PEERS WITH DIFFERENT SKILLS, BUILD TRUST, BECOME MORE ENGAGED, AND BUILD CONFIDENCE AND LEADERSHIP SKILLS.
EVENTS & PROGRAMMING: 1909 OFFERS YEAR ROUND EVENTS FOR OUR MEMBERS AND THE GREATER COMMUNITY. THESE EVENTS INCLUDED MASTERMIND GROUP GATHERINGS, INDUSTRY SPECIFIC MEET-UPS AND TRAINING, PERSONAL...
EVENTS & PROGRAMMING: 1909 OFFERS YEAR ROUND EVENTS FOR OUR MEMBERS AND THE GREATER COMMUNITY. THESE EVENTS INCLUDED MASTERMIND GROUP GATHERINGS, INDUSTRY SPECIFIC MEET-UPS AND TRAINING, PERSONAL DEVELOPMENT AND CONNECTION EVENTS, MENTORSHIP GATHERINGS, COLLEGE STUDENT INTROS, AND NETWORKING OPPORTUNITIES. WE ALSO HOSTED OUR GALA TO RECOGNIZE OUR FOUNDERS AND RAISE FUNDS TO SUPPORT OUR PROGRAMMING EFFORTS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $691,483 | $463,948 | +0.5% |
| Expenses | $551,049 | $482,835 | +0.1% |
| Net Income | $140,434 | $-18,887 | -8.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| NICHOLAS MOHNACKY | BOARD CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| PATRICK STINUS | BOARD TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANUARY REISSMAN | BOARD MEMBER-PROGRAM DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM SHEPHERD | BOARD MEMBER-GOVERNANCE CH | 1.00 |
Director
|
$0 | $0 | $0 |
| RYAN POOLE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| PHILLIP JACKSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| EVAN AWARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| AUDREY SCHOFIELD | BOARD MEMBER-DIRECTOR OF ADVANCEMENT | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE BAKELS | VICE CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANA OSTROVITZ | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$65,000 | $0 | $65,000 |
| DANIELLE CASEY | CO-FOUNDER | 40.00 |
Officer
|
$60,829 | $0 | $60,829 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $691,483 | $551,049 | $197,357 | $140,434 |
| 2022 | $463,948 | $482,835 | $70,914 | $-18,887 |
| 2021 | $519,980 | $452,397 | $89,801 | $67,583 |
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