Waynesboro, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Christian Housing Assistance Corporation, founded in 1969, is a small nonprofit that reported $419K in total revenue in fiscal year 2025. Revenue surged 456% from the prior year, signaling strong growth momentum. The organization ran a surplus of $367K, a strong 88% operating margin.
To provide low-cost housing for low-income families who could not qualify for traditional home loans. After renting for a trial period, families purchase the home, CHAC providing the financing.
Homes are purchased or built and subsequently sold to low-income families. CHAC holds the contracts of sale on five homes on which the clients make monthly payments on the mortgage loan. Six homes...
Homes are purchased or built and subsequently sold to low-income families. CHAC holds the contracts of sale on five homes on which the clients make monthly payments on the mortgage loan. Six homes are being rented while awaiting newly approved clients. Two homes are being renovated. Several lots are owned for future development.
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 | $419,374 | $75,483 | +4.6% |
| Expenses | $52,138 | $20,326 | +1.6% |
| Net Income | $367,236 | $55,157 | +5.7% |
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 |
|---|---|---|---|---|---|---|
| MICHAEL GARVEY | President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| NORMAN BATMAN | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KRISTA POWELL | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| RODGER DANIELS | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| PEGGY GARVEY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| EVERETT STRATTON | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| WANDA CARR | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $419,374 | $52,138 | $1,867,725 | $367,236 |
| 2024 | No data | No data | No data | No data |
| 2023 | $74,545 | $29,315 | $1,276,943 | $45,230 |
| 2022 | $64,403 | $34,983 | $1,238,680 | $29,420 |
| 2021 | $46,609 | $28,833 | $1,215,912 | $17,776 |
| 2020 | $35,547 | $20,517 | $1,091,373 | $15,030 |
| 2019 | $48,439 | $25,659 | $1,078,913 | $22,780 |
| 2018 | $26,606 | $10,460 | $1,075,594 | $16,146 |
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