RICHMOND, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)COMMONWEALTH CHRISTIAN ACADEMY INC, founded in 1997, is a small nonprofit in the Education sector that reported $506K in total revenue in fiscal year 2018. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $921K exceeded revenue, resulting in a 82% operating deficit.
COMMONWEALTH CHRISTIAN ACADEMY IS A PRIVATE CHRISTIAN SCHOOL WHICH PROVIDES A QUALITY, BIBLICALLY-BASED, JESUS CHRIST CENTERED EDUCATION FOR UNDERPRIVILEDGED, AT-RISK CHILDREN IN THE CITY OF RICHMOND. THE CURRENT ENROLLMENT STANDS AT 20 STUDENTS RANGING FROM GRADES K-12. TUITION INCLUDES EDUCATION FOR ONE YEAR, FIELD TRIPS, SUPPLIES AND HOT LUNCHES DAILY. ALTHOUGH THE ANNUAL COST FOR EACH STUDENT STANDS AT APPROXIMATELY 7,500 PER YEAR, TUITION IS BASED ON EACH STUDENT'S PARENT'S INCOME AND IS OFTEN AROUND 108 PER MONTH. THE REMAINING FUNDS ARE PROVIDED BY DONATIONS FROM CARING SUPPORTERS.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $308,169 | $185,417 | +0.7% |
| Expenses | $304,668 | $214,847 | +0.4% |
| Net Income | $3,501 | $-29,430 | -1.1% |
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 |
|---|---|---|---|---|---|---|
| DR MICHAEL D MCCLARY | PRESIDENT | 40.00 |
Officer
Director
|
$19,000 | $0 | $19,000 |
| REV G RAYE JONES | CHAIRMAN | N/A |
Officer
Director
|
$0 | $0 | $0 |
| REV JOHN KONEK | TREASURER | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $308,169 | $304,668 | $57,619 | $3,501 |
| 2024 | No data | No data | No data | No data |
| 2023 | $185,417 | $214,847 | $53,658 | $-29,430 |
| 2022 | $165,112 | $204,898 | $86,602 | $-39,786 |
| 2021 | $163,491 | $180,431 | $98,946 | $-16,940 |
| 2020 | $280,085 | $280,429 | $118,060 | $-344 |
| 2019 | $505,796 | $921,055 | $189,091 | $-415,259 |
Compare COMMONWEALTH CHRISTIAN ACADEMY INC with other nonprofits in Virginia and across the country.