RICHMOND, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RICHMOND LABOR AND LOVE COMMUNITY DEVELOPMENT CORPORATION, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2022. Revenue surged 668% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.8M, a strong 66% operating margin.
We build, manage and provide low-income permanent and emergency housing opportunities to qualified residents. We offer education, employment and training programs and opportunities to hard to employ individuals. We support community and faith-based organizations with financial and technical assistance to provide social services in distressed communities.
Provided 110 residents with low income housing units and HUD vouchers. Coordinated relative social services for housing residents. Provided a youth construction summer training program for 60 high...
Provided 110 residents with low income housing units and HUD vouchers. Coordinated relative social services for housing residents. Provided a youth construction summer training program for 60 high school students for 3 years. Provided short term emergency shelter for 20 unhoused women and women with children.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $2,762,805 | $359,556 | +6.7% |
| Expenses | $931,281 | $339,138 | +1.7% |
| Net Income | $1,831,524 | $20,418 | +88.7% |
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 |
|---|---|---|---|---|---|---|
| Raymond Landry | President/CEO | 20.00 |
Officer
Director
|
$34,560 | $0 | $34,560 |
| Joshua Weary | Secretary | 5.00 |
|
$3,176 | $0 | $3,176 |
| Antwon Cliord | Officer | 10.00 |
Officer
|
$0 | $0 | $0 |
| Tommie Bradford Jr | Treasurer | 5.00 |
Director
|
$0 | $0 | $0 |
| Paula Farr | Officer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $2,762,805 | $931,281 | $1,504,500 | $1,831,524 |
| 2022 | $359,556 | $339,138 | $5,626,305 | $20,418 |
| 2021 | $378,924 | $366,534 | $5,454,193 | $12,390 |
Compare RICHMOND LABOR AND LOVE COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in California and across the country.