CHICAGO, IL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOUNDATION FOR INNOVATION IN REAL ESTATE, founded in 2020, is a small nonprofit in the Education sector that reported $211K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $333K exceeded revenue, resulting in a 58% operating deficit.
FOUNDATION FOR INNOVATION IN REAL ESTATE IS A CHARITABLE AND EDUCATIONAL ORGANIZATION CREATED TO INTRODUCE, EMPOWER, AND ADVANCE UNDERREPRESENTED CANDIDATES IN THE REAL ESTATE TECHNOLOGY INDUSTRY ("PROPTECH") THROUGH ITS SUPPORT AND (CONTINUED ON SCHEDULE O) OPPORTUNITIES. THE FOUNDATION ACCOMPLISHES ITS CHARITABLE GOALS PRIMARILY BY PAYING FOR THE COST OF ATTENDANCE AT VARIOUS INDUSTRY SEMINARS AND EVENTS FOR UNDERREPRESENTED PERSONS WHO WISH TO PARTICIPATE.
FOUNDATION FOR INNOVATION IN REAL ESTATE IS A CHARITABLE AND EDUCATIONAL ORGANIZATION CREATED TO CATALYZE PEOPLE AND IDEAS THAT ENHANCE THE BUILT WORLD. THE FOUNDATION FOR INNOVATION IN REAL ESTATE...
FOUNDATION FOR INNOVATION IN REAL ESTATE IS A CHARITABLE AND EDUCATIONAL ORGANIZATION CREATED TO CATALYZE PEOPLE AND IDEAS THAT ENHANCE THE BUILT WORLD. THE FOUNDATION FOR INNOVATION IN REAL ESTATE FOCUSES ON THE REAL ESTATE TECHNOLOGY INDUSTRY ("PROPTECH") AND ACCOMPLISHES ITS CHARITABLE GOALS BY SPONSORING ATTENDANCE AT INDUSTRY EVENTS. CREATING EDUCATIONAL CONTENT, BUILDING IN-PERSON TECHNOLOGY SHOWCASES, AND SUPPORTING MENTAL HEALTH FOR INNOVATORS IN THE ECOSYSTEM.
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 | $210,651 | $192,142 | +0.1% |
| Expenses | $332,855 | $197,005 | +0.7% |
| Net Income | $-122,204 | $-4,863 | +24.1% |
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 |
|---|---|---|---|---|---|---|
| DAVE GARLAND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TYLER THOMPSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY STINTON | VICE PRESIDENT | 1.00 |
Officer
|
$0 | $0 | $0 |
| JOHAN HOLMBERG | SECRETARY AND TREASURER | 1.00 |
Officer
|
$0 | $0 | $0 |
| MATT KNIGHT | PRESIDENT | 40.00 |
Officer
|
$97,500 | $0 | $97,500 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $210,651 | $332,855 | $5,534,084 | $-122,204 |
| 2023 | $192,142 | $197,005 | $5,677,645 | $-4,863 |
| 2023 | $192,142 | $197,005 | $5,677,645 | $-4,863 |
| 2022 | $22,644 | $322,683 | $5,815,745 | $-300,039 |
| 2022 | $22,644 | $322,683 | $5,815,745 | $-300,039 |
| 2021 | $6,000,000 | $44,693 | $6,000,000 | $5,955,307 |
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