Garfield Heights, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Village Collective Inc, founded in 2024, is a small nonprofit in the Human Services sector that reported $250K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. Net assets of $686K represent 33 months of operating reserves.
Village Collective Inc is dedicated to empowering young adults aged 18-24 to overcome challenges, gain essential life skills, and build pathways to independence and success. By providing stable housing, workforce training, and mentorship, we aim to create a strong foundation for their future.
Village Collective programming provides wrap-around services focused on workforce training completion, career launch, gaining self-sufficiency skills and financial independence. Participants in this...
Village Collective programming provides wrap-around services focused on workforce training completion, career launch, gaining self-sufficiency skills and financial independence. Participants in this program (Fellows) benefit from the following while pursuing career training and launching into their career: Connection to preprofessional programs and employment opportunities; Supportive and affordable housing; Reliable transportation; Soft skills training; Individualized coaching and case management; and Sense of belonging and participation in an intentional community. Through these services, each Fellow is surrounded by a "village" that supports them in attaining career and life success. Furthermore, while living in Village Collective housing, Fellows earn financial contributions to a "launch fund" by meeting program requirements and benchmarks that are transferred to each Fellow upon successful program completion. These funds can then be leveraged to support their career and independent living launch. Within 36 months of admission, successful graduates will have attained a degree or professional certification, will be working in a professional, skilled job and will have accrued equity sufficient to secure their own stable housing and reliable transportation by the age of 25
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $250,319 | $394,819 | -0.4% |
| Expenses | $259,627 | $38,261 | +5.8% |
| Net Income | $-9,308 | $356,558 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Phil Fogarty | President | 3 |
Officer
|
$0 | $0 | $0 |
| William Beargie | Treasurer | 1 |
Officer
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$0 | $0 | $0 |
| Timothy Grady | Secretary | 1 |
Officer
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$0 | $0 | $0 |
| Michael Merriman | Director | 1 |
|
$0 | $0 | $0 |
| Andy Moock | Director | 1 |
|
$0 | $0 | $0 |
| Richard Gibson | Director | 1 |
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$0 | $0 | $0 |
| Orlando Grant | Director | 1 |
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$0 | $0 | $0 |
| Raneia Ramadan | Director | 1 |
|
$0 | $0 | $0 |
| Mary Bright | Dirctor | 1 |
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $250,319 | $259,627 | $699,578 | $-9,308 |
| 2024 | $394,819 | $38,261 | $361,095 | $356,558 |
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