Richmond, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GRACE COVENANT CHILD DEVELOPMENT CENTER, founded in 2003, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2024.
The Grace Covenant Child Development Center's primary purpose is to provide a child care center for working parents in which the children from a broad range of social, economic and ethnic backgrounds are taught the values of a Christian life in a loving, nurturing and educational environment.
The Grace Covenant Child Development Center operates a center for the children of working parents. The child development center concentrates on teaching the values of Christian life to children from...
The Grace Covenant Child Development Center operates a center for the children of working parents. The child development center concentrates on teaching the values of Christian life to children from a broad range of social, economic and ethnic backgrounds while providing a loving and safe environment for the nurturing and education of the children. The childcare center's hours of operations are Monday through Friday, 7:30 AM to 6:00 PM. The childcare provides secular and Christian educational programs. Volunteers from Grace Covenant Church, the parents of children and the community assist the child care center with the music program, celebrating birthdays, shopping for supplies, assisting with the children (after proper training) and maintaining the facility. Average enrollment during the year was approximately 80 students. Operating the child care center is Grace Covenant Child Development Center's only activity.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,383,230 | $1,302,086 | +0.1% |
| Expenses | $1,350,812 | $1,321,953 | +0.0% |
| Net Income | $32,418 | $-19,867 | -2.6% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| Margina Grow | Executive Director | 40 |
Director
Key Emp
Highest
|
$85,000 | $0 | $85,000 |
| Rusty Stadler | board director | 0.5 |
Director
|
$0 | $0 | $0 |
| Calvin Sydnor | board director | 0.5 |
Director
|
$0 | $0 | $0 |
| Joanna Sydnor | board director | 0.5 |
Director
|
$0 | $0 | $0 |
| Blair Marasco | board director | 2 |
Director
|
$0 | $0 | $0 |
| Scott Borc | board director | 2 |
Director
|
$0 | $0 | $0 |
| Jenn Rettie | board director | 2 |
Director
|
$0 | $0 | $0 |
| Carolyn Roberts | board director | 2 |
Director
|
$0 | $0 | $0 |
| Isaac Brear | board director | 2 |
Director
|
$0 | $0 | $0 |
| Katherine Gooch | President - board director | 2 |
Officer
|
$0 | $0 | $0 |
| Robert Nickles | Vice President - director | 2 |
Officer
|
$0 | $0 | $0 |
| Nelson Reveley | Treasurer | 2 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,383,230 | $1,350,812 | $669,508 | $32,418 |
| 2025 | $483,338 | $538,575 | $676,987 | $-55,237 |
| 2024 | $1,302,086 | $1,321,953 | $635,493 | $-19,867 |
| 2023 | $1,182,763 | $1,342,207 | $678,411 | $-159,444 |
| 2022 | $1,092,574 | $996,234 | $814,140 | $96,340 |
| 2021 | $1,286,372 | $881,210 | $710,094 | $405,162 |
Compare GRACE COVENANT CHILD DEVELOPMENT CENTER with other nonprofits in Virginia and across the country.