VISTA, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)SOLUTIONS FOR CHANGE INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 11% operating deficit.
To solve family homelessness, one family, one community at a time.
With increased emphasis on its workforce development, child welfare interventions and adult empowerment programs, Solutions for Change continued its decades long promise to operate its residential...
With increased emphasis on its workforce development, child welfare interventions and adult empowerment programs, Solutions for Change continued its decades long promise to operate its residential family recovery programs drugfree and accountability based. Due to an aggressive multibillion dollar expansion of the dependency-making Housing First approach, a systemwide set of policies that enable the once homeless to use illicit drugs, remain unemployed and refuse services while living in public funded housing, Solutions is now one of the last remaining homeless housing and service orgs that deliver results that end dependency. The decision to stand firm on its core values to solve the root causes of family homelessness resulted in the nonprofit making the decision to voluntarily return over $83 million in hard fought family housing resources. The decision was made after years of legal wrangling when it became evident that no federal, state, or local resources would help protect homeless parents and their children from the explosion of an enabled drug culture riddled with overdose, deaths and criminal impacts, all of which pointed back to Housing First. Although those losses greatly impacted the people and programs of Solutions for Change, the organization recommitted to a multiyear repurposing effort, free of government funding, that began in earnest in 2022. Called We Are One Us, the effort involves over 100 Solutions for Change graduates, called Overcomers, who have rallied around the nonprofit to advance its mission and vision of solving the root causes of family homelessness. With the Overcomers leading the way the question they are asking is: What if the answer to the homeless problem is staring us all in the face? What if the solution is the homeless themselves, engaged in a purposeful way and equipped and inspired into jobs that end dependency for others like them, through initiatives like what Solutions for Change builds and implements?
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $4,008,222 | $5,226,202 | -0.2% |
| Expenses | $4,429,813 | $4,993,199 | -0.1% |
| Net Income | $-421,591 | $233,003 | -2.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CHRIS MEGISON | President & CEO | 40.00 |
Officer
|
$191,596 | $0 | $191,596 |
| DENNIS BONE | Executive VP | 40.00 |
|
$109,787 | $0 | $109,787 |
| MIKE KENNEDY | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK T EALY CFP CPA | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRIS CHEN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| GLORIA FOOTE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LEANNE ABRAHAM | CHAIRWOMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAWN CUNEEN BOOTH | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK LANDERS | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN CONRAD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BRET SCHANZENBACH | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| STEVEN OGUS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| TOBY WIIK | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $4,008,222 | $4,429,813 | $10,392,209 | $-421,591 |
| 2023 | $3,787,079 | $6,355,258 | $8,355,684 | $-2,568,179 |
| 2022 | $5,226,202 | $4,993,199 | $11,521,449 | $233,003 |
| 2021 | $4,496,637 | $4,687,362 | $11,073,886 | $-190,725 |
| 2020 | $3,571,397 | $4,359,427 | $13,355,941 | $-788,030 |
| 2019 | $2,727,022 | $3,864,149 | $14,038,029 | $-1,137,127 |
| 2018 | $4,354,206 | $3,587,546 | $14,206,930 | $766,660 |
Compare SOLUTIONS FOR CHANGE INC with other nonprofits in California and across the country.