WASHINGTON, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GROVE COLLECTIVE FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $910K in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 23% operating deficit.
TO INCREASE ECONOMIC AND SOCIAL MOBILITY BY EQUIPPING INNOVATORS WITH TEAMS OF EXPERIENCED SOCIAL ENTREPRENEURS WHO CAN HELP THEM ACCELERATE THEIR SECTOR-CHANGING IDEAS. SOLUTIONS FOR THE WORLD'S MOST PRESSING SOCIAL CHALLENGES ARE OFTEN ENVISIONED BY LEADERS OF THE NONPROFITS AND UNIVERSITIES FACING THOSE CHALLENGES EVERY DAY. UNFORTUNATELY, THOSE LEADERS ARE OFTEN TOO BUSY RUNNING THEIR ORGANIZATIONS TO MOVE THE BIG IDEA, SO IT NEVER LEAVES THE DRAWING BOARD. THE FOUNDATION IS A SOCIAL-IMPACT ORGANIZATION THAT PROVIDES ENTREPRENEURIAL CAPACITY TO HELP PARTNERS MOVE THEIR BIG IDEA FROM CONCEPT TO CONCRETE.
OBSIDIAN ECOSYSTEM INITIATIVE - BLACK AND BROWN REAL ESTATE DEVELOPERS SEED MULTIDIMENSIONAL INFRASTRUCTURE. THE OBSIDIAN ECOSYSTEM INITIATIVE CONNECTS THE NATION'S TOP EMERGING BLACK AND BROWN REAL...
OBSIDIAN ECOSYSTEM INITIATIVE - BLACK AND BROWN REAL ESTATE DEVELOPERS SEED MULTIDIMENSIONAL INFRASTRUCTURE. THE OBSIDIAN ECOSYSTEM INITIATIVE CONNECTS THE NATION'S TOP EMERGING BLACK AND BROWN REAL ESTATE DEVELOPERS WITH EDUCATION, WORKFORCE, AND INFRASTRUCTURE INNOVATORS TO PROVIDE BREAKTHROUGH NEIGHBORHOOD-LEVEL SOCIAL AND ECONOMIC MOBILITY OUTCOMES.
CONSORTIUM - A CONSORTIUM OF THE NATION'S HIGHLY-SELECTIVE COLLEGES AND HIGH-IMPACT COMMUNITY-BASED ORGANIZATIONS CREATES A MORE EQUITABLE APPLICATION PROCESS FOR STUDENTS FROM LOW-INCOME BACKGROUNDS.
PEERFORWARD IN COLLEGE - THE PURPOSE OF THE PEERFORWARD IN COLLEGE PROJECT (PFIC) IS TO ESTABLISH A PLAN TO HELP PEERFORWARD SUPPORT COLLEGE PARTNERS TO PRODUCE FIELD-SHIFTING INCREASE IN GRADUATION...
PEERFORWARD IN COLLEGE - THE PURPOSE OF THE PEERFORWARD IN COLLEGE PROJECT (PFIC) IS TO ESTABLISH A PLAN TO HELP PEERFORWARD SUPPORT COLLEGE PARTNERS TO PRODUCE FIELD-SHIFTING INCREASE IN GRADUATION RATES WITH A COST-EFFECTIVE AND SCALABLE APPROACH.
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 | $909,584 | $1,244,988 | -0.3% |
| Expenses | $1,117,269 | $860,560 | +0.3% |
| Net Income | $-207,685 | $384,428 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| JACOB SCHRAMM | MANAGING PARTNER | 40.00 |
Officer
Director
|
$272,192 | $0 | $272,192 |
| SCOTT SIFF | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| EMMANUEL FORTUNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN ROBINSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KINNEY ZALESNE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE BAKER FULGHAM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $909,584 | $1,117,269 | $599,200 | $-207,685 |
| 2023 | $1,244,988 | $860,560 | $769,640 | $384,428 |
| 2022 | $745,000 | $497,708 | $355,770 | $247,292 |
| 2022 | $945,000 | $487,396 | $533,896 | $457,604 |
Compare GROVE COLLECTIVE FOUNDATION with other nonprofits in District of Columbia and across the country.