COMMUNITY ALTERNATIVE RESIDENTIAL ENVIRONMENTS INC

EIN: 042732717 501(c)(3) Employment

MEDFORD, MA

Total Revenue
$1,728,405
Total Expenses
$2,021,582
Total Assets
$19,122,312
Net Assets
$6,288,887
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MA
Principal Officer
JUAN GOMEZ
Phone
6177761448
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY ALTERNATIVE RESIDENTIAL ENVIRONMENTS INC, founded in 1980, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $2.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE FACILITIES FOR WORK-RELATED PROGRAMS AND HOMES FOR DEVELOPMENTALLY DISABLED PEOPLE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,720,785
Investment Income $7,620
Other Revenue $0
TOTAL REVENUE $1,728,405

Expense Breakdown

Grants Paid $0
Salaries & Benefits $327,105
Fundraising Expenses $0
Program Expenses $1,886,901
Other Expenses $1,694,477
TOTAL EXPENSES $2,021,582

Year-over-Year Comparison

2024 2023 Change
Revenue $1,728,405 $1,595,157 +0.1%
Expenses $2,021,582 $1,729,530 +0.2%
Net Income $-293,177 $-134,373 +1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
7
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN PRESCOD PRESIDENT 0.30
Officer Director
$0 $0 $0
RICHARD BRENNER SECRETARY 0.30
Officer Director
$0 $0 $0
LISA STONE TREASURER 0.30
Officer Director
$0 $0 $0
JOHN MAHONEY DIRECTOR 0.30
Director
$0 $0 $0
CHRISTOPHER SNELL DIRECTOR 0.30
Director
$0 $0 $0
JENNIFER MITRANO DIRECTOR 0.30
Director
$0 $0 $0
DAVID JAVAHERI DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL OGASAPIAN DIRECTOR 0.30
Director
$0 $0 $0
CAROLYNE GUFFEY EXECUTIVE DIRECTOR 0.30
Officer
$0 $0 $0
JUAN GOMEZ CHIEF FINANCIAL OFFICER 0.30
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,728,405 $2,021,582 $19,122,312 $-293,177
2024 $1,595,157 $1,729,530 $19,556,025 $-134,373
2023 $1,495,411 $1,568,916 $14,168,245 $-73,505
2022 $1,450,054 $1,628,347 $14,368,968 $-178,293
2021 $1,489,812 $1,443,684 $14,635,894 $46,128
2020 $1,484,652 $1,404,949 $14,063,061 $79,703
2019 $1,433,440 $1,492,193 $15,491,277 $-58,753
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