GAITHERSBURG, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)318 FOUNDATION INC, founded in 2020, is a small nonprofit in the Youth Development sector that reported $214K in total revenue in fiscal year 2024. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $430K exceeded revenue, resulting in a 101% operating deficit.
THE 318 FOUNDATION IS A 501(C)(3) NONPROFIT ORGANIZATION FOCUSED ON EMPOWERING BLACK GIRLS AND MARGINALIZED COMMUNITIES THROUGH MENTORSHIP, IMMERSIVE EXPERIENCES, AND SPORTS. OUR PROGRAMS FOCUS ON LEADERSHIP DEVELOPMENT, ACADEMIC ENRICHMENT, AND ELITE SPORTS TRAINING. PARTNERING WITH LOCAL SCHOOLS/UNIVERSITIES, ESPECIALLY HBCUS, WE OFFER MENTORSHIP, TRIPS, CAREER EXPOSURE, AND COLLEGE TOURS THROUGH 318 VISION/ACTION. THROUGH 318 SPORTS, WE PROVIDE LEADERSHIP DEVELOPMENT. OUR GOAL IS TO SUPPORT GIRLS' INTELLECTUAL CURIOSITY AND PERSONAL GROWTH.
THE 318 FOUNDATION AIMS TO EMPOWER BLACK GIRLS IN GRADES 9-12, AND HISTORICALLY MARGINALIZED COMMUNITIES, THROUGH MENTORSHIP, IMMERSIVE EXPERIENCES, AND ELITE SPORTS TRAINING. HISTORICALLY, BLACK...
THE 318 FOUNDATION AIMS TO EMPOWER BLACK GIRLS IN GRADES 9-12, AND HISTORICALLY MARGINALIZED COMMUNITIES, THROUGH MENTORSHIP, IMMERSIVE EXPERIENCES, AND ELITE SPORTS TRAINING. HISTORICALLY, BLACK GIRL'S STRUGGLES HAVE BEEN CAMOUFLAGED, RENDERING THEIR NEEDS INVISIBLE, AND THE PROGRAMS THAT SUPPORT THEIR EDUCATIONAL, PSYCHOLOGICAL, AND SOCIAL NEEDS, ESSENTIAL. WE HAVE THREE POWERFUL PROGRAMS: 318 VISION, ACTION, AND SPORTS, THAT HOLISTICALLY AIMS TO SUPPORT THESE NEEDS, WITH A FOCUS ON MENTORSHIP AND HANDS-ON TRAINING, ENABLING US TO MEET GIRLS WHERE THEY ARE AND PROVIDE ENRICHING AND ENGAGING EXPERIENCES THAT INSPIRE GROWTH, EMPOWERMENT, AND THE FORMATION OF NEW NETWORKS TO CREATE OPPORTUNITIES. PARTNERING WITH LOCAL SCHOOLS AND UNIVERSITIES, ESPECIALLY HBCUS, OUR 318 VISION AND 318 ACTION INITIATIVES IDENTIFY HIGH SCHOOL GIRLS WITH LEADERSHIP POTENTIAL AND OFFER TAILORED EXPERIENCES SUCH AS MENTORSHIP,CURRICULUM, LEADERSHIP TRIPS, CAREER EXPOSURE, AND COLLEGE TOURS. THROUGH 318 SPORTS,WE PROVIDE ELITE SPORTS TRAINING AND HOLISTIC LEADERSHIP DEVELOPMENT, BRIDGING THE GAP FOR ATHLETES WHO MAY NEED MORE RESOURCES OR EXPOSURE FOR THEIR DESIRED LEVEL OF COMPETITION. OUR PROGRAMS AIM TO SUPPORT GIRLS AS THEY ENHANCE THEIR INTELLECTUAL CURIOSITY AND PERSONAL GROWTH. ULTIMATELY, THE 318 FOUNDATION IS COMMITTED TO ADVANCING GIRLS' LEARNING, PERSONAL DEVELOPMENT, AND COMMUNITY ENGAGEMENT THROUGH SPORTS AND MENTORSHIP.
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 | $213,987 | $521,698 | -0.6% |
| Expenses | $430,097 | $234,291 | +0.8% |
| Net Income | $-216,110 | $287,407 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| ALANA BEARD | PRESIDENT & | 40.00 |
Officer
Director
|
$85,000 | $0 | $85,000 |
| JOE DUMARS | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| KATY HOLLISTER | CHAIRMAN | 0.25 |
Director
|
$0 | $0 | $0 |
| BRENDA JIMINEZ-PERALTA | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| STEVE MILLER | CHAIRMAN | 1.00 |
Director
|
$0 | $0 | $0 |
| KETSIA COLIMON STRODER | DIRECTOR | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $213,987 | $430,097 | $130,515 | $-216,110 |
| 2023 | $521,698 | $234,291 | $343,971 | $287,407 |
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