Richmond, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Cristo Rey Richmond High School Inc, founded in 2016, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $6.2M left a modest 5% surplus.
Cristo Rey Richmond High School is a Catholic learning community that educates young people of limited economic means to become men and women of faith, purpose and service. Through a rigorous college preparatory curriculum, integrated with a relevant work study experience, students graduate ready to succeed in college and in life. We are part of the Cristo Rey Network of high schools, serving exclusively low-income youth throughout the country.
All Cristo Rey schools incorporate a unique corporate work study program that prepares students from families of limited economic means for college and beyond. Payments from the Corporate Work Study...
All Cristo Rey schools incorporate a unique corporate work study program that prepares students from families of limited economic means for college and beyond. Payments from the Corporate Work Study partners partially offset the cost of the students' education. Though the Corporate Work Study Program is a separate 501(c)(3) entity that files a separate 990, all of the expenses related to both the academic program and the Corporate Work Study Program are incurred by the school. Major program expenditures include: - Salaries and benefits of both the academic faculty and administration and the Corporate Work Study staff- Student meal program that provides breakfast and lunch daily at no cost to the students- Student programs/supplies including computers, textbooks, uniforms, work study training, athletics/extracurricular activities- Facility improvements and maintenance- Transportation costs for students
Work-study program - All students of the School are required to participate in the Work-study program. The program provides students valuable employment training and on-the-job experience in addition...
Work-study program - All students of the School are required to participate in the Work-study program. The program provides students valuable employment training and on-the-job experience in addition to a reduction in their tuition at the School.
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 | $6,472,819 | $9,214,571 | -0.3% |
| Expenses | $6,172,330 | $5,907,292 | +0.0% |
| Net Income | $300,489 | $3,307,279 | -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 |
|---|---|---|---|---|---|---|
| Christopher Accashian | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas Benedetti | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Drew Burrichter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Maria Carreras | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Elena Edwards | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Peter Farrell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Edward Gerardo | Board Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Christopher Habenicht | Chair-Emeritus | 1.00 |
Director
|
$0 | $0 | $0 |
| Yvette Johnson-Threat | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Maruca | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Angela Middleton | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Peter Quinn | Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Patricia L Robertson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Alma Showalter | Board Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Peter J McCourt | Immediate Past President & CEO | 20.00 |
Officer
Director
|
$159,470 | $10,598 | $170,068 |
| Charleita Richardson | President & CEO | 20.00 |
Officer
Director
|
$26,250 | $1,257 | $27,507 |
| Jane Johnson | Immediate Past CFO | 30.00 |
Officer
|
$47,869 | $3,518 | $51,387 |
| Stephen Benedetti | Interim CFO | 5.00 |
Officer
|
$0 | $0 | $0 |
| Kristina Caplinger | VP, Corporate Work Study & Chief Talent Officer | 10.00 |
Highest
|
$111,817 | $245 | $112,062 |
| James Parrish | VP of Advancement & Chief Development Officer | 20.00 |
Highest
|
$116,619 | $8,646 | $125,265 |
| Lynn Waidelich | Principal and Chief Academic Officer | 20.00 |
Highest
|
$103,817 | $0 | $103,817 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,472,819 | $6,172,330 | $20,292,169 | $300,489 |
| 2024 | $9,214,571 | $5,907,292 | $20,229,983 | $3,307,279 |
| 2023 | $5,662,760 | $4,962,585 | $16,353,834 | $700,175 |
| 2022 | $6,245,321 | $3,784,481 | $14,977,005 | $2,460,840 |
| 2021 | $3,527,034 | $2,901,948 | $5,757,095 | $625,086 |
| 2020 | $4,481,397 | $2,897,038 | $4,951,268 | $1,584,359 |
| 2019 | $1,608,261 | $1,084,123 | $3,150,602 | $524,138 |
| 2018 | $2,559,341 | $359,467 | $2,341,293 | $2,199,874 |
Compare Cristo Rey Richmond High School Inc with other nonprofits in Virginia and across the country.