Richmond, VA
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)SupportWorks Housing, founded in 1988, is a mid-sized nonprofit that reported $12.6M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Net assets of $33.9M represent 32 months of operating reserves.
We end homelessness by providing permanent housing and supportive services.
SupportWorks Housing Housing First program consists of scattered site projects that provide rental assistance and housing stabilization supportive services for formerly chronically homeless...
SupportWorks Housing Housing First program consists of scattered site projects that provide rental assistance and housing stabilization supportive services for formerly chronically homeless individuals who reside with third-party landlords in our communities. The Housing First program is SWHs largest scattered site program funded through multiple HUD Continuum of Care (CoC) competitive grants with supplemental funding from the City of Norfolk and a DHCD Housing Trust Fund Homeless Reduction Grant. In 2024, the Housing First program served 91 individuals in 79 households. 96% served did not return to homelessness.
SupportWorks Supportive Services for Veteran Families (SSVF) program provided homelessness Prevention and Rapid Re-Housing assistance to veteran households in Charlottesville, Central Virginia, and...
SupportWorks Supportive Services for Veteran Families (SSVF) program provided homelessness Prevention and Rapid Re-Housing assistance to veteran households in Charlottesville, Central Virginia, and Balance of State regions in Virginia. In 2024, the program served 424 Veterans. There were 294 exits resulting in 246 Veteran households maintaining financial and housing stability.
HomeLink is SupportWorks largest scattered-site permanent housing program serving chronically homeless households in Richmond. It is funded through a single consolidated HUD Continuum of Care (CoC)...
HomeLink is SupportWorks largest scattered-site permanent housing program serving chronically homeless households in Richmond. It is funded through a single consolidated HUD Continuum of Care (CoC) grant and receives additional funding through a DHCD Housing Trust Fund Homeless Reduction Grant and a Richmond Non-Departmental grant. In 2024, the HomeLink program housed and served 246 individuals in 218 households 95% maintaining their housing stability.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $12,599,822 | $14,118,838 | -0.1% |
| Expenses | $12,664,361 | $11,505,882 | +0.1% |
| Net Income | $-64,539 | $2,612,956 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Kathy Robertson | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Joshua Ragland | Secretary & Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Andrew Sherrod | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sharon K Nusbaum | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Curtis Carter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Pam Goggins | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Andrew Heatwole | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tanisha Davis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Leslee Oliver | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sharon Patrick | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kaki Dimock | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| George Stroud | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Allison Bogdanovic | Executive Director | 40.00 |
Officer
|
$168,169 | $15,818 | $183,987 |
| N/A | Outsourced Finance and Accounting Services | 9.40 |
Officer
|
$89,405 | $0 | $89,405 |
| Jennifer Tiller | Director of Services | 40.00 |
Highest
|
$127,587 | $13,657 | $141,244 |
| Sheila Parker | Director of Property Management | 40.00 |
Highest
|
$128,766 | $11,959 | $140,725 |
| Julie Anderson | Director of Real Estate Development | 40.00 |
Highest
|
$132,423 | $3,634 | $136,057 |
| Chris Edwards | Director of Mission Advancement | 40.00 |
Highest
|
$118,514 | $10,937 | $129,451 |
| Elizabeth Nice | Associate Director of Real Estate Development | 40.00 |
Highest
|
$102,331 | $2,798 | $105,129 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2024 | $12,599,822 | $12,664,361 | $41,669,628 | $-64,539 |
| 2023 | $14,118,838 | $11,505,882 | $39,489,794 | $2,612,956 |
| 2022 | $16,410,294 | $11,758,280 | $35,534,461 | $4,652,014 |
| 2021 | $11,444,363 | $11,114,973 | $30,778,021 | $329,390 |
| 2020 | $13,782,106 | $13,204,719 | $30,087,390 | $577,387 |
| 2019 | $9,585,951 | $9,644,025 | $29,519,147 | $-58,074 |
| 2018 | $10,133,007 | $8,425,846 | $29,123,181 | $1,707,161 |
Compare SupportWorks Housing with other nonprofits in Virginia and across the country.