Civic Intelligence

Cristo Rey Richmond High School Inc

EIN 81-2742073 • 501(c)3 • Richmond, VA

Profile

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.

304 North Sheppard StreetRichmond, VA 23221

www.cristoreyrichmond.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

71st percentile

0.42x

Higher debt load relative to assets than 71% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

1.32x

Higher debt load relative to revenue than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

51st percentile

4.6%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

44th percentile

$170,068

Higher top officer pay than 44% of similar nonprofits.

Top officer pay equals 2.6% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

35th percentile

0.3%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

9th percentile

-30%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets71st percentile

Assets

Up

$20,292,169

Up $62,186 (+0.3%) from 2024

Liabilities

Down

$8,545,245

Down $246,805 (-2.8%) from 2024

Net Assets

Up

$11,746,924

Up $308,991 (+2.7%) from 2024

Operations
Liabilities / Revenue84th percentileNet Margin51st percentile

Revenue

Down

$6,472,819

Down $2,741,752 (-30%) from 2024

Expenses

Up

$6,172,330

Up $265,038 (+4.5%) from 2024

Net Income

Down

$300,489

Down $3,006,790 (-91%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth35th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2017: $140,101Liabilities 2017: $0Net Assets 2017: $140,1012017Assets 2018: $2,341,293Liabilities 2018: $1,318Net Assets 2018: $2,339,9752018Assets 2019: $3,150,602Liabilities 2019: $337,906Net Assets 2019: $2,812,6962019Assets 2020: $4,951,268Liabilities 2020: $606,715Net Assets 2020: $4,344,5532020Assets 2021: $5,757,095Liabilities 2021: $787,456Net Assets 2021: $4,969,6392021Assets 2022: $14,977,005Liabilities 2022: $7,546,526Net Assets 2022: $7,430,4792022Assets 2023: $16,353,834Liabilities 2023: $8,223,180Net Assets 2023: $8,130,6542023Assets 2024: $20,229,983Liabilities 2024: $8,792,050Net Assets 2024: $11,437,9332024Assets 2025: $20,292,169Liabilities 2025: $8,545,245Net Assets 2025: $11,746,9242025

Highlighted filing

2025

Assets$20,292,169
Liabilities$8,545,245
Net Assets$11,746,924
Open 2025 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0Revenue 2017: $249,302Expenses 2017: $109,201Net Income 2017: $140,1012017Revenue 2018: $2,559,341Expenses 2018: $359,467Net Income 2018: $2,199,8742018Revenue 2019: $1,608,261Expenses 2019: $1,084,123Net Income 2019: $524,1382019Revenue 2020: $4,481,397Expenses 2020: $2,897,038Net Income 2020: $1,584,3592020Revenue 2021: $3,527,034Expenses 2021: $2,901,948Net Income 2021: $625,0862021Revenue 2022: $6,245,321Expenses 2022: $3,784,481Net Income 2022: $2,460,8402022Revenue 2023: $5,662,760Expenses 2023: $4,962,585Net Income 2023: $700,1752023Revenue 2024: $9,214,571Expenses 2024: $5,907,292Net Income 2024: $3,307,2792024Revenue 2025: $6,472,819Expenses 2025: $6,172,330Net Income 2025: $300,4892025

Highlighted filing

2025

Revenue$6,472,819
Expenses$6,172,330
Net Income$300,489
Open 2025 Filing

Filings

Most recent year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,292,169
Liabilities
$8,545,245
Net assets
$11,746,924
Revenue
$6,472,819
Expenses
$6,172,330
Net income
$300,489
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$20.3$8.55$11.7$6.47$6.17$0.30
2024Detailed filing. Detailed filing data is available for this year.$20.2$8.79$11.4$9.21$5.91$3.31
2023Detailed filing. Detailed filing data is available for this year.$16.4$8.22$8.13$5.66$4.96$0.70
2022Detailed filing. Detailed filing data is available for this year.$15.0$7.55$7.43$6.25$3.78$2.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.76$0.79$4.97$3.53$2.90$0.63
2020Detailed filing. Detailed filing data is available for this year.$4.95$0.61$4.34$4.48$2.90$1.58
2019Detailed filing. Detailed filing data is available for this year.$3.15$0.34$2.81$1.61$1.08$0.52
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.00$2.34$2.56$0.36$2.20
2017Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$0.25$0.11$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 18, 2025
Return Version
2024v5.2
Gross Receipts
$6,482,839
Mission and Program Overview

Mission

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 will soon be part of the cristo rey network of high schools, serving exclusively low-income youth throughout the country.

A Catholic learning community that educates young people of limited economic means to become people 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 life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$13,539,858$14,025,112▲ $485,254
Savings and Temporary Cash Investments$855,464$2,605,805▲ $1,750,341
Pledges and Grants Receivable$5,400,164$1,779,023▼ $3,621,141
Investments in Publicly Traded Securities-$1,507,333-
Cash and Non-Interest-Bearing Accounts$86,063$281,400▲ $195,337
Accounts Receivable$316,173$59,357▼ $256,816
Prepaid Expenses and Deferred Charges$32,261$34,139▲ $1,878
Total Assets$20,229,983$20,292,169▲ $62,186
Liabilities
Other Liabilities$8,529,701$8,068,847▼ $460,854
Accounts Payable and Accrued Expenses$251,961$436,637▲ $184,676
Deferred Revenue$10,388$39,761▲ $29,373
Total Liabilities$8,792,050$8,545,245▼ $246,805
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,015,856$8,275,026▲ $2,259,170
Net Assets With Donor Restrictions$5,422,077$3,471,898▼ $1,950,179
Total Net Assets Fund Balance$11,437,933$11,746,924▲ $308,991
Total Liabilities and Net Assets / Fund Balance$20,229,983$20,292,169▲ $62,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$8,481,967$755,287$9,237,254
Leasehold Improvements$1,789,028$681,917$2,470,945
Land$2,265,000-$2,265,000
Equipment$574,645$569,965$1,144,610
Other Land Buildings$914,472$90,016$1,004,488
Compensation and Service Providers
Top Officer Pay44th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter J McCourtImmediate Past President & CEOPT$159,470$10,598$170,068
James ParrishVP of Advancement & Chief Development OfficerPT$116,619$8,646$125,265
Kristina CaplingerVP, Corporate Work Study & Chief Talent OfficerPT$111,817$245$112,062
Lynn WaidelichPrincipal and Chief Academic OfficerPT$103,817-$103,817
Jane JohnsonImmediate Past CFOPT$47,869$3,518$51,387
Charleita RichardsonPresident & CEOPT$26,250$1,257$27,507

Board Members and Trustees

NameTitle
Peter QuinnChair
Christopher HabenichtChair-Emeritus
Edward GerardoBoard Secretary
Alma ShowalterBoard Treasurer
Angela MiddletonDirector
Christopher AccashianDirector
Drew BurrichterDirector
Elena EdwardsDirector
Maria CarrerasDirector
Michael MarucaDirector
Patricia L RobertsonDirector
Peter FarrellDirector
Thomas BenedettiDirector
Yvette Johnson-ThreatDirector
Stephen BenedettiInterim CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$6,038,865
Program Service Revenue
$281,475
Investment Income
$152,479
Other Revenue
$0
All Other Contributions
$4,547,929
Change in Net Assets
$300,489

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded11$555,801Fair Market Value
Other Non Cash Contri Table80$10,000Fair Market Value
Total Noncash Contributions91$565,801-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,471,709
Revenue Not Reported on Financial Statements
$1,110
Revenue Not Reported on Form 990
$35,040
Total Revenue per Audited Statements
$6,506,749
Total Revenue per Form 990
$6,472,819
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$4,006,883
Other Expenses$2,165,447
Total Fundraising Expense$380,203
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,686,527$340,766$234,101$3,261,394
Depreciation Depletion$661,380$10,667$8,000$680,047
All Other Expenses$253,200$122,288$6,153$381,641
Payroll Taxes$205,841$28,439$18,662$252,942
Interest$132,546$111,474$1,603$245,623
Other Employee Benefits$172,349$33,468$9,549$215,366
Current Officers, Directors, Trustees, and Key Employees$168,888$23,498$14,458$206,844
Fees for Services Other$97,239$21,462$62,144$180,845
Other Expenses$109,344$1,764$1,323$112,431
Pension Plan Contributions$38,083$28,907$3,347$70,337
Information Technology$36,119$457$10,034$46,610
Insurance-$40,919-$40,919
Fees for Services Accounting$13,481$12,500-$25,981
Conferences and Meetings$7,719$6,255$6,566$20,540
Advertising$18,161-$2,200$20,361
Office Expenses$4,242$3,446$551$8,239
Fees for Service Investment Mgmnt Fees-$1,110-$1,110
Total Functional Expenses$5,002,689$789,438$380,203$6,172,330

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,197,758
Total Expenses per Form 990$6,172,330
Expenses per Audited Statements$6,171,220
Expenses Not Reported on Form 990$26,538
Expenses Not Reported on Financial Statements$1,110
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Catholic Diocese of Richmond Loan Payable$6,809,691
Construction Loan Payable$1,103,579
Note Payable$155,577
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

“The Finance Committee and the Board of Directors review the 990 before it is filed.”

Form 990, Part VI, Section B, line 12C

“The Conflict of Interest Policy was adopted by the Board in September of 2017. Each Board member annually signs a statement that states they have received, read and understand the Conflict of Interest Policy. They also state they agree to comply with the policy and understand the implications to the organization of failing to comply with the policy. They have a duty to disclose all matters concerning the School and their business and personal connections. The periodic review consists of the Treasurer and President reviewing all disbursements and contracts in light of this policy.”

Form 990, Part VI, Section C, line 19

“The governing documents, conflict of interest policy and financial statements are available for review by the general public upon request. The governing documents are filed with the VA State Corporation Commission and are available for public inspection there as well.”

Filing and Contact Details

Filer

Filer Name
Cristo Rey Richmond High School Inc
EIN
81-2742073
Phone
8044474704
Address
304 North Sheppard Street, Richmond, VA 23221

Signing Officer

Name
Christopher Reddick
Title
CFO
Phone
8044474704
Signed
2025-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Christopher Reddick
Formed
2016
Legal Domicile
Va
Voting Board Members
14
Independent Board Members
14
Employees
85
Volunteers
10

Preparer

Firm
Kositzka Wicks and Company
Address
4405 Cox Road Suite 200, Glen Allen, VA 23060
Preparer
Kristen P Baietti CPA
Phone
8048551200
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The School has a Finance Committee that oversees responsibility of the financial reporting process.”

Financial Statement Notes

Part X, Line 2:

“Cristo Rey Richmond High School, Inc. is exempt from federal income tax as a nonprofit organization described in Section 501(c)(3) of the Internal Revenue Code and is a classified organization other than a private foundation. Cristo Rey Richmond High School, Inc. did not have liabilities for unrelated business income taxes for the year ended June 30, 2025. The material jurisdictions subject to potential examination by taxing authorities include the U.S. and the Commonwealth of Virginia. Management does not believe that the ultimate outcome of any future examinations of open tax years will have a material impact on Cristo Rey Richmond High School, Inc.'s results of operations. Tax years that remain subject to examination by the IRS are 2022 through 2025.”

Raw XML AppendixShowing 400 of 661 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Christopher Accashian
IRS990/Form990PartVIISectionAGrp/PersonNm1Thomas Benedetti
IRS990/Form990PartVIISectionAGrp/PersonNm2Drew Burrichter
IRS990/Form990PartVIISectionAGrp/PersonNm3Maria Carreras
IRS990/Form990PartVIISectionAGrp/PersonNm4Elena Edwards
IRS990/Form990PartVIISectionAGrp/PersonNm5Peter Farrell
IRS990/Form990PartVIISectionAGrp/PersonNm6Edward Gerardo
IRS990/Form990PartVIISectionAGrp/PersonNm7Christopher Habenicht
IRS990/Form990PartVIISectionAGrp/PersonNm8Yvette Johnson-Threat
IRS990/Form990PartVIISectionAGrp/PersonNm9Michael Maruca
IRS990/Form990PartVIISectionAGrp/PersonNm10Angela Middleton
IRS990/Form990PartVIISectionAGrp/PersonNm11Peter Quinn
IRS990/Form990PartVIISectionAGrp/PersonNm12Patricia L Robertson
IRS990/Form990PartVIISectionAGrp/PersonNm13Alma Showalter
IRS990/Form990PartVIISectionAGrp/PersonNm14Peter J McCourt
IRS990/Form990PartVIISectionAGrp/PersonNm15Charleita Richardson
IRS990/Form990PartVIISectionAGrp/PersonNm16Jane Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm17Stephen Benedetti
IRS990/Form990PartVIISectionAGrp/PersonNm18Kristina Caplinger
IRS990/Form990PartVIISectionAGrp/PersonNm19James Parrish
IRS990/Form990PartVIISectionAGrp/PersonNm20Lynn Waidelich
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Chair-Emeritus
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Immediate Past President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt16Immediate Past CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt17Interim CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP, Corporate Work Study & Chief Talent Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP of Advancement & Chief Development Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt20Principal and Chief Academic Officer
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IRS990/MissionDesc0Cristo 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.
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IRS990/PrincipalOfficerNm0Christopher Reddick
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IRS990/ProgSrvcAccomActy2Grp/Desc0Work-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.
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