CHRISTIAN VILLAGE OF WESTERN VIRGINIA INC (EIN 541762539) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

SONNY HUGHES

Phone

5403425232

Tax Period

2023-01-01 to 2023-12-31

CHRISTIAN VILLAGE OF WESTERN VIRGINIA INC, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $298K in total revenue in fiscal year 2023. Expenses of $331K exceeded revenue, resulting in a 11% operating deficit.

Mission

CHRISTIAN VILLAGE OF WESTERN VIRGINIA, INC. (A VIRGINIA NOT-FOR-PROFIT CORPORATION) (THE "CORPORATION") WAS ORGANIZED TO OWN AND OPERATE A 45-UNIT APARTMENT COMMUNITY IN ROANOKE, VIRGINIA, KNOWN AS CHRISTIAN VILLAGE OF WESTERN VIRGINIA (THE "COMMUNITY"), PURSUANT TO SECTION 202 OF THE HOUSING ACT OF 1959, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FEDERAL HOUSING ADMINISTRATION ("FHA") REGULATORY AGREEMENT GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FHA SECTION OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD"). THE CORPORATION LEASES APARTMENT UNITS TO LOW-INCOME ELDERLY INDIVIDUALS IN THE NORMAL COURSE OF BUSINESS. THE TERMS OF THE LEASES ARE GENERALLY ONE YEAR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $141,045

Program Service Revenue $151,990

Investment Income $-359

Other Revenue $4,973

TOTAL REVENUE $297,649

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,223

Other Expenses $330,636

TOTAL EXPENSES $330,636

Year-over-Year Comparison

	2023	2022	Change
Revenue	$297,649	$279,519	+0.1%
Expenses	$330,636	$320,091	+0.0%
Net Income	$-32,987	$-40,572	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
SONNY HUGHES	PRESIDENT	Officer Director	$0	$0	$0
LYNN BARDEN	VICE PRESIDENT	Officer Director	$0	$0	$0
BEN GASSMANN	SECRETARY	Officer Director	$0	$0	$0
SHERRY GRUBBS	TREASURER	Officer Director	$0	$0	$0
KAREN FLETCHER	DIRECTOR	Director	$0	$0	$0
TERESSA PEARSON	DIRECTOR	Director	$0	$0	$0
CHRISTINA NOVAK	DIRECTOR	Director	$0	$0	$0
JOHN NEAGLE	DIRECTOR	Director	$0	$0	$0
CINDY PIGG	DIRECTOR	Director	$0	$0	$0
JANET HEATH	DIRECTOR	Director	$0	$0	$0
SHIRLEY GARY	DIRECTOR	Director	$0	$0	$0
THERESA SEARS	DIRECTOR	Director	$0	$0	$0

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
2024	No data	No data	No data	No data
2023	$297,649	$330,636	$927,682	$-32,987
2022	$279,519	$320,091	$966,631	$-40,572
2021	$262,660	$294,293	$1,000,055	$-31,633
2020	$268,085	$273,010	$1,038,201	$-4,925
2019	$244,737	$261,479	$1,032,507	$-16,742
2018	$229,257	$264,669	$1,057,580	$-35,412

CHRISTIAN VILLAGE OF WESTERN VIRGINIA INC