OLNEY, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READY FOR SCHOOL INITIATIVE, founded in 2022, is a small nonprofit in the Education sector that reported $256K in total revenue in fiscal year 2022. The organization ran a surplus of $183K, a strong 72% operating margin.
THE READY FOR SCHOOL INITIATIVE WORKS TO BOOST SCHOOL FUNDING, IMPROVE DATA ON WHERE RESOURCES CAN GO THE FURTHEST, AND ENSURE EVERY STUDENT IN MARYLAND ARRIVES TO CLASS HUNGER-FREE AND READY TO LEARN.
SCHOOL SUPPLY REIMBURSEMENT PROGRAM: PURPOSE: INCENTIVIZE FAMILIES TO APPLY FOR THE FREE AND REDUCED-PRICE MEALS SERVICE (FARMS) PROGRAM WITH A "SCHOOL SUPPLY REIMBURSEMENT" DIRECT CASH TRANSFER...
SCHOOL SUPPLY REIMBURSEMENT PROGRAM: PURPOSE: INCENTIVIZE FAMILIES TO APPLY FOR THE FREE AND REDUCED-PRICE MEALS SERVICE (FARMS) PROGRAM WITH A "SCHOOL SUPPLY REIMBURSEMENT" DIRECT CASH TRANSFER. ACCOMPLISHMENT: DISTRIBUTED 500 SCHOOL SUPPLY REIMBURSEMENTS TO MEMBERS OF THE COMMUNITY.
PUBLIC AWARENESS CAMPAIGN: PURPOSE: HIGHLIGHT THE IMPORTANCE OF FILLING OUT A FARMS APPLICATION AND ADDRESS COMMON CONCERNS ABOUT THE PROGRAM. ACCOMPLISHMENT: OUR TARGETED PUBLIC SERVICE...
PUBLIC AWARENESS CAMPAIGN: PURPOSE: HIGHLIGHT THE IMPORTANCE OF FILLING OUT A FARMS APPLICATION AND ADDRESS COMMON CONCERNS ABOUT THE PROGRAM. ACCOMPLISHMENT: OUR TARGETED PUBLIC SERVICE ADVERTISEMENTS WERE VIEWED 1,407,958 TIMES BY FAMILIES IN MONTGOMERY COUNTY. IN TOTAL, 70,288 STUDENTS ARE NOW SIGNED UP FOR FARMS WHICH IS 43.52% OF THE MONTGOMERY COUNTY STUDENT BODY (COMPARED TO THE LAST SCHOOL YEAR WITH 62,962 STUDENTS SIGNED UP AMOUNTING TO 39.51% OF THE STUDENT BODY).
TARGETED SCHOOL FUNDING CAMPAIGN: PURPOSE: WORK WITH COMMUNITY LEADERS AND PTAS ON A LAST-PUSH EFFORT AT SCHOOLS THAT ARE RIGHT ON THE BORDER OF SIGNING UP ENOUGH STUDENTS FOR FARMS TO RECEIVE...
TARGETED SCHOOL FUNDING CAMPAIGN: PURPOSE: WORK WITH COMMUNITY LEADERS AND PTAS ON A LAST-PUSH EFFORT AT SCHOOLS THAT ARE RIGHT ON THE BORDER OF SIGNING UP ENOUGH STUDENTS FOR FARMS TO RECEIVE ADDITIONAL FUNDING FROM THE STATE. ACCOMPLISHMENTS: NINE ADDITIONAL SCHOOLS REACHED THE 40% THRESHOLD NECESSARY TO RECEIVE ADDITIONAL STATE FUNDING TO OFFER UNIVERSAL BREAKFAST TO ALL STUDENTS (EIGHT ELEMENTARY SCHOOLS AND ONE MIDDLE SCHOOL). 5,000 MORE STUDENTS WILL BENEFIT FROM THIS ADDITIONAL FUNDING.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $255,514 | N/A | N/A |
| Expenses | $72,020 | N/A | N/A |
| Net Income | $183,494 | N/A | N/A |
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 |
|---|---|---|---|---|---|---|
| MATTHEW POST | PRESIDENT | 17.00 |
Officer
Director
|
$4,423 | $0 | $4,423 |
| MICHAEL SOLOMON | TREASURER | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| JILL ORTMAN-FOUSE | MEMBER | 0.10 |
Director
|
$0 | $0 | $0 |
| TABITHA ESCALANTE | MEMBER | 0.10 |
Director
|
$0 | $0 | $0 |
| NATE TINBITE | MEMBER | 0.10 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $255,514 | $72,020 | $183,846 | $183,494 |
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