Children's Home Society of Virginia

EIN: 540505884 501(c)(3) Human Services

Richmond, VA

Total Revenue
$2,284,751
Total Expenses
$2,208,000
Total Assets
$4,197,247
Net Assets
$3,943,309
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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)

Financial Trends

Organization Details

Formation Year
1900
Legal Domicile
VA
Principal Officer
Krystal Thompson
Phone
8043530191
Tax Period
2024-07-01 to 2025-06-30

Children's Home Society of Virginia, founded in 1900, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 3% surplus.

Mission

The mission of CHSVA is to build strong permanent families and lifelong relationships for Virginia's at risk children and youth.

Program Service Accomplishments

Program 1
Expenses: $690,958 Revenue: $530,432

CHS's My Path Forward Program (MPF) provides housing and holistic support services to youth who have experienced traumas that resulted in them being placed in - and ultimately aging out of -the...

Read more

CHS's My Path Forward Program (MPF) provides housing and holistic support services to youth who have experienced traumas that resulted in them being placed in - and ultimately aging out of -the foster care system without a permanent family. MPF's comprehensive services include six major categories of support: 1) safe, stable housing; 2) post-secondary education and vocational training; 3) employment and workforce development training; 4) financial literacy training; 5) physical and mental healthcare; and 6) permanent relationships with supportive adult mentors. MPF provides permanent housing through a partnership with the nonprofit Better Housing Coalition. MPF serves two categories of clients: youth ages 18-21 who are eligible to receive some financial assistance thru Virginia social service agencies (MPF Independent Living Arrangement) and youth ages 21-25 who are not eligible to receive state social services subsidies (MPF Legacy). All program participants are provided MPF's collaborative service model that embraces a best practice, trauma-informed and equitable approaches to equip aged out foster youth to thrive as independent adults.

Program 2
Expenses: $714,136 Revenue: $492,005

CHS's Foster Care Adoption Program recruits, trains and supports adoptive families for children who are waiting in the foster care system for a permanent family. We serve children who are in the...

Read more

CHS's Foster Care Adoption Program recruits, trains and supports adoptive families for children who are waiting in the foster care system for a permanent family. We serve children who are in the custody of local social service departments because they have been abused, neglected and/or abandoned. Our adoption team uses best practice, trauma-informed approaches as we collaborate with local social service agencies and private therapists to meet the permanency needs of waiting foster children. The children CHS serves are often considered "more difficult to place" because they are older, part of a sibling group and/or have significant trauma histories.

Program 3
Expenses: $355,183 Revenue: $5,780

CHS's Post Adoption Services provide a lifetime of support to adoptive families to keep them intact and remain healthy, which includes parent coaching, family supports, and respite care to children...

Read more

CHS's Post Adoption Services provide a lifetime of support to adoptive families to keep them intact and remain healthy, which includes parent coaching, family supports, and respite care to children and their families after their adoptions have been finalized. Our Post Adoption Program ensures adoptions are successful by: 1) helping adopted children learn to feel safe, trust and function as part of a healthy family; and 2) equipping adoptive parents to meet the special needs of children who have experienced significant abuse, neglect and/or abandonment by a relative or caregiver. CHS is part of Regional Consortiums of providers who offer post adoption services in both Central and Northern Virginia. Consortium services include client information/referral supports, family education, client training, supportive advocacy for children, case management, peer supports, clinical services and planned respite.In addition to ensuring adoptions are successful, CHS also serves adult adoptees by helping them learn about - and when possible connect with - their birth families.

🔒

Trantor Score

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)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,122,204
Program Service Revenue $1,027,493
Investment Income $48,013
Other Revenue $87,041
TOTAL REVENUE $2,284,751

Expense Breakdown

Grants Paid $154,186
Salaries & Benefits $1,520,325
Fundraising Expenses $304,512
Program Expenses $1,760,277
Other Expenses $533,489
TOTAL EXPENSES $2,208,000

Year-over-Year Comparison

2024 2023 Change
Revenue $2,284,751 $2,090,388 +0.1%
Expenses $2,208,000 $2,130,762 +0.0%
Net Income $76,751 $-40,374 -2.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Governance

Voting Members
16
Independent Members
16
Employees
33
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$150,104
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Owen Gwathmey Immediate Past Chair 2.00
Officer Director
$0 $0 $0
Edward Solarz Chair 2.00
Officer Director
$0 $0 $0
Molly Cheek Secretary 2.00
Officer Director
$0 $0 $0
Leesa Christian Treasurer 2.00
Officer Director
$0 $0 $0
Kevin Donnelly Board Member 2.00
Director
$0 $0 $0
Michael Evans Board Member 2.00
Director
$0 $0 $0
Steven C Yeakel Board Member 2.00
Director
$0 $0 $0
Cornelius H Fedderman Board Member 2.00
Director
$0 $0 $0
Geoffrey Gasperini Board Member 2.00
Director
$0 $0 $0
Sean M Beard Board Member 2.00
Director
$0 $0 $0
Charlie Boisky Board Member 2.00
Director
$0 $0 $0
Micheal Thorne-Begland Board Member 2.00
Director
$0 $0 $0
Dr Jadig Garcia Board Member 2.00
Director
$0 $0 $0
Melvin E Tull III Board Member 2.00
Director
$0 $0 $0
Richard Carl Wetzel III Chair-Elect 2.00
Director
$0 $0 $0
Verneeta L Williams Board Member 2.00
Director
$0 $0 $0
Krystal F Thompson President & CEO 50.00
Officer
$133,558 $16,546 $150,104
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,284,751 $2,208,000 $4,197,247 $76,751
2024 $2,090,388 $2,130,762 $4,022,809 $-40,374
2023 $1,981,766 $2,186,845 $3,979,210 $-205,079
2022 $3,065,730 $2,016,000 $4,141,976 $1,049,730
2021 $2,089,439 $1,549,913 $3,293,642 $539,526
2020 $1,832,773 $1,549,039 $2,703,330 $283,734
2019 $1,295,475 $1,662,213 $2,217,612 $-366,738
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Children's Home Society of Virginia with other nonprofits in Virginia and across the country.