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.
A shared ministry with over fifty churches from various denominations who help to house and feed the homeless. Our guests receive a safe place to stay over night plus a hot meal meals. We also have a day program open year round where guests are offered food, fellowship, and special assistance. The day center offerings shelter during the day, showers, laundry, and access to community resources.
Day Program - This program opened December 15, 2008. Is it open to the homeless seven days a week. The focus at the Daytime Center is job skill development, and ultimately obtaining stable housing...
Day Program - This program opened December 15, 2008. Is it open to the homeless seven days a week. The focus at the Daytime Center is job skill development, and ultimately obtaining stable housing for our guests all the while serving a safe place from the streets. In addition to serving breakfast and lunch, the Daytime Center has clothes washing facilities and showers. In addition to serving the homeless population, our daytime program attracts neighbors who are housed, but in need of food services through our daily hot lunch program.
Evening Program - Operating for 11 weeks in the winter. Guests are hosted overnight at a partnership church. The church rotates weekly. Overnight stays included a hot meal and fellowship. Our...
Evening Program - Operating for 11 weeks in the winter. Guests are hosted overnight at a partnership church. The church rotates weekly. Overnight stays included a hot meal and fellowship. Our nighttime program operated this year for eleven weeks. Within this short time frame we provided 2,781 safe nights.
Transportation: Guest are driven to and from our host church. During the day guests are also driven to doctors appointments. New this year Christnet owns its own 15 passenger van.
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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