WAKEFIELD, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)NEW MAJORITY CAPITAL FOUNDATION INC, founded in 2022, is a community nonprofit in the Employment sector that reported $3.3M in total revenue in fiscal year 2024. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 35% operating margin.
THE FOUNDATION AIMS TO ATTACK THE GENDER AND RACIAL WEALTH GAPS WHILE ALSO PROVIDING SERVICES TO HELP ENSURE THAT RETIRING SMALL BUSINESS OWNERS CAN LEAVE A LEGACY BEHIND WITH THE JOBS THEY HAVE CREATED IN THEIR COMMUNITIES. THIS IS ACCOMPLISHED THROUGH EDUCATIONAL PROGRAMMING AND SUPPORT TO EMPOWER ENTREPRENEURS FROM UNDERREPRESENTED COMMUNITIES. ADDITIONALLY, THE FOUNDATION WILL ASSIST SMALL BUSINESS OWNERS CONSIDERING SUCCESSION PLANS AND EXIT STRATEGIES THROUGH TWO ACTIVE PROGRAMS: 1) ENTREPRENEURSHIP THROUGH ACQUISITION (ETA) ACCELERATOR PROGRAM EDUCATIONAL AND SUPPORT SERVICES SURROUNDING THE PROCESS OF BUYING AND SCALING AN EXISTING SMALL BUSINESS INSTEAD OF STARTING ONE FROM SCRATCH. 2) SUCCESSION READY PROGRAM EDUCATION AND SUPPORT TO HELP OWNERS OF BUSINESSES TO CREATE SUCCESSION PLANS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,307,793 | $1,529,464 | +1.2% |
| Expenses | $2,164,918 | $1,044,205 | +1.1% |
| Net Income | $1,142,875 | $485,259 | +1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DARRYL LINDIE | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| HAVELL RODRIGUES | CLERK | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| CRYSTAL WARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DEENEAUS POLK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROGER RICHARDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELISSA CASTRO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ALLEGRA STENNETT | TREASURER | 40.00 |
Officer
|
$129,415 | $0 | $129,415 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,307,793 | $2,164,918 | $2,854,583 | $1,142,875 |
| 2023 | $1,529,464 | $1,044,205 | $956,877 | $485,259 |
| 2022 | $454,504 | $120,811 | $333,693 | $333,693 |
Compare NEW MAJORITY CAPITAL FOUNDATION INC with other nonprofits in Massachusetts and across the country.