Taylor, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHRISTNET, founded in 1992, is a small nonprofit in the Human Services sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $337K exceeded revenue, resulting in a 96% operating deficit.
Christnet Homeless Services has been a trusted nonprofit organization serving the homeless community for over 33 years. Our mission is to provide a safe and welcoming daytime shelter. We aim to help anyone who is homeless find housing, employment, medical care, and other services. Laundry services and showers are also available. A safe place to spend the day along with breakfast, a hot lunch, fellowship all take place at the day center. Christnet is homeless shelter that provides overnight housing to men, women, and children for 11 weeks every during the winter months. Christnet is a shared ministry of over fifty-six churches in the downriver/Dearborn area of various denominations coming together to host guests at their church for a week. Providing a hot meal and two other meals, and a safe place to stay the night.
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 | $172,090 | $235,748 | -0.3% |
| Expenses | $336,957 | $322,903 | +0.0% |
| Net Income | $-164,867 | $-87,155 | +0.9% |
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 |
|---|---|---|---|---|---|---|
| Rickie Rickman | President | 60 |
Officer
Key Emp
Highest
|
$56,654 | $0 | $56,654 |
| Joan Forest | Founder | 5 |
Officer
|
$0 | $0 | $0 |
| Randy Ruppel | Vice President | 15 |
Officer
|
$0 | $0 | $0 |
| Rebecca Markey | Treasurer | 15.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $172,090 | $336,957 | $151,592 | $-164,867 |
| 2024 | $235,748 | $322,903 | $318,079 | $-87,155 |
| 2023 | $270,188 | $231,031 | $403,444 | $39,157 |
| 2022 | $241,724 | $175,730 | $364,287 | $65,994 |
| 2021 | $297,822 | $201,573 | $298,293 | $96,249 |
| 2021 | $297,822 | $201,573 | $298,293 | $96,249 |
| 2020 | $319,453 | $217,135 | $512,050 | $102,318 |
| 2019 | $334,548 | $260,451 | $415,831 | $74,097 |
| 2018 | $253,367 | $368,485 | $346,806 | $-115,118 |
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