Winston Salem, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bethesda Center for the Homesless Inc, founded in 1989, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.4M exceeded revenue, resulting in a 26% operating deficit.
The mission of The Bethesda Center is to improve the lives of homeless individuals by providing shelter and supportive services leading to independent lives.
Bethesda Centers supportive services provide a variety of services to those individuals who are residing in the resource center. Activities within this component are intense case management with a...
Bethesda Centers supportive services provide a variety of services to those individuals who are residing in the resource center. Activities within this component are intense case management with a focus on permanent housing placement or other housing options, rental/utilities arrears payments, rental/utilities deposit, referrals to mainstream services, programming, peer support, bus passes and other services as identified based on assessments. This include the following HAWS Move clients from the street or shelter to permanent housing through collaboration with The Housing Authority of Winston Salem. General case management Provide intensive case management for adults 18 plus to shelter clients for re entry into market rate housing and assist them in developing knowledge to maintain their housing. Bethesda Center Manages a resource center for homeless individuals to receive services during the day. These services include eligibility determination for the night program until coordinated intake is operational, provide a safe place to be during extreme weather, location for housing services with case management, data services for basic human needs such as showers, laundry and bathroom facility, sign up for mail and indentification voucher and location for agencies to provide services and a site for third shift homeless people to sleep while waiting for housing. Bethesda Centers Day Emergency Shelter provides a place for the homeless until the night shelters open. Emergency Night Shelters Bethesda Centers Emergency Mens Night Shelter provides a clean environment for men to sleep, shower and wash clothes, and to address hygiene issues and other barriers, such as employment, housing, etc. Bethesda Centers Emergency Womens Night Shelter provides a clean environment for women to sleep, shower, laundry clothers and to adress hygiene issuad and other barriers, such as employment, housing, etc.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,138,644 | $1,023,593 | +0.1% |
| Expenses | $1,434,656 | $1,138,922 | +0.3% |
| Net Income | $-296,012 | $-115,329 | +1.6% |
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 |
|---|---|---|---|---|---|---|
| William McDonald | Executive Director | 040.00 |
Officer
|
$83,432 | $0 | $83,432 |
| Charles Armstrong | President | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris Leab | Vice President | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jason Marley | Treasurer | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| Amanda Burton | Director Effective Aug 2023 | 001.00 |
Director
|
$0 | $0 | $0 |
| Fleming El-Amin | Director | 001.00 |
Director
|
$0 | $0 | $0 |
| Michelle Mason | Director | 001.00 |
Director
|
$0 | $0 | $0 |
| Laura Miller | Director Effective Nov 2023 | 001.00 |
Director
|
$0 | $0 | $0 |
| Karla Brown | Director Effective Feb 2024 | 001.00 |
Director
|
$0 | $0 | $0 |
| Timothy French | Secretary Through Dec 2023 | 001.00 |
Officer
Director
|
$0 | $0 | $0 |
| Susan Boyles | Director Through Dec 2023 | 001.00 |
Director
|
$0 | $0 | $0 |
| Jay Matthews | Director Effective April 2024 | 001.00 |
Director
|
$0 | $0 | $0 |
| Seth Cumberledge | Director Effective March 2024 | 001.00 |
Director
|
$0 | $0 | $0 |
| Bruce Noah | Director Effective March 2024 | 001.00 |
Director
|
$0 | $0 | $0 |
| Todd Miller | Director Effective Feb 2024 | 001.00 |
Director
|
$0 | $0 | $0 |
| Charles Ryan | Director Effective Feb 2024 | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,138,644 | $1,434,656 | $1,949,808 | $-296,012 |
| 2023 | $1,023,593 | $1,138,922 | $2,088,540 | $-115,329 |
| 2022 | $1,092,526 | $1,309,474 | $2,185,376 | $-216,948 |
| 2021 | $1,859,397 | $1,544,146 | $2,468,079 | $315,251 |
| 2020 | $1,057,926 | $1,137,721 | $2,174,667 | $-79,795 |
| 2019 | $803,342 | $1,159,868 | $2,088,054 | $-356,526 |
Compare Bethesda Center for the Homesless Inc with other nonprofits in North Carolina and across the country.