Siler City, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Love Chatham, founded in 2021, is a small nonprofit in the Human Services sector that reported $234K in total revenue in fiscal year 2025. Revenue decreased 11% compared to the prior year. Expenses of $281K exceeded revenue, resulting in a 20% operating deficit.
Love Chatham is a 501(c)3 non-profit organization established to help with homelessness in the Chatham County area. It will be a common banner under which the churches, individuals, and businesses can work together, specifically to centralize the many talents and resources available and put them into action to alleviate homelessness and other needs. Our first focus will be homelessness, but we hope to continue the work of charity and healing in the future by joining, connecting with, or establishing help for hunger, clothing, healthcare, financial planning, and spiritual counseling.
Transitional Housing: This program provides additional support for community members that are stabilizing and seeking permanent housing. This program offers more thorough casework and resources, and...
Transitional Housing: This program provides additional support for community members that are stabilizing and seeking permanent housing. This program offers more thorough casework and resources, and promotes the interests of the community member by using a housing first model as the appropriate starting point for stability. The House Manager regularly provides updates to community partners as well as a monthly summary of progress and casework. This program has some significant momentum and the path forward for more housing is being created through this program. Our first house that was setup and established at the end of 2023 is a women's transitional housing program also known a "Our House". Love Chatham is considering opportunities to expand its services through the program and developing additional capacity to serve by developing programs under this umbrella that will serve men and/or family units.
Hotel Ministry: The hotel ministry assists community members by providing initial shelter for someone who is experiencing homelessness. The ministry then works within the network of service providers...
Hotel Ministry: The hotel ministry assists community members by providing initial shelter for someone who is experiencing homelessness. The ministry then works within the network of service providers and with other community members to find support and resources. Love Chatham also provides food to clients that are living in a hotel room along with other supportive services.
Emergency Client Assistance: Love Chatham provides other, miscellaneous, emergency assistance when resources are available. There are many ways in which these resources may be utilized. For example...
Emergency Client Assistance: Love Chatham provides other, miscellaneous, emergency assistance when resources are available. There are many ways in which these resources may be utilized. For example, clients have been provided with much needed car repairs, gas in their vehicle, moving expenses and other ways in which Love Chatham can assist a client in need during a vulnerable time.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $234,191 | $262,126 | -0.1% |
| Expenses | $280,819 | $205,886 | +0.4% |
| Net Income | $-46,628 | $56,240 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| Dakota Philbrick | Executive Dir. | 40.00 |
Officer
|
$46,042 | $0 | $46,042 |
| Ben Suggs | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Tom Roswick | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sandee Davis | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Donald Southern | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Edie Neeves | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Elgin Marsh | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $234,191 | $280,819 | $309,550 | $-46,628 |
| 2024 | No data | No data | No data | No data |
| 2023 | $258,776 | $176,576 | $319,932 | $82,200 |
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