CAREER RESOURCES INC

EIN: 061427945 501(c)(3) Employment

BRIDGEPORT, CT

Total Revenue
$18,836,579
Total Expenses
$16,940,950
Total Assets
$9,747,474
Net Assets
$5,719,039
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CT
Principal Officer
SCOTT WILDERMAN
Phone
2033345627
Tax Period
2023-07-01 to 2024-06-30

CAREER RESOURCES INC, founded in 1995, is a mid-sized nonprofit in the Employment sector that reported $18.8M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $16.9M left a modest 10% surplus.

Mission

JOB-TRAINING, PLACEMENT AND SUPPORT FOR DISLOCATED AND ECONOMICALLY DISADVANTAGED INDIVIDUALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $17,323,661
Program Service Revenue $1,488,201
Investment Income $12,699
Other Revenue $12,018
TOTAL REVENUE $18,836,579

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,132,091
Fundraising Expenses $438,265
Program Expenses $14,956,061
Other Expenses $4,808,859
TOTAL EXPENSES $16,940,950

Year-over-Year Comparison

2023 2022 Change
Revenue $18,836,579 $15,845,681 +0.2%
Expenses $16,940,950 $13,239,542 +0.3%
Net Income $1,895,629 $2,606,139 -0.3%
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
22
Independent Members
22
Employees
222
Volunteers
15

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
6
$323,506
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT WILDERMAN PRESIDENT & CEO 40.00
Officer
$208,861 $54,014 $262,875
CHRISTOPHER LANDINO CHIEF DEVELOPMENT OFFICER 40.00
Highest
$174,971 $33,157 $208,128
ANGELA PELLEGRINO-GRANT CHIEF OPERATING OFFICER 40.00
Highest
$125,476 $31,014 $156,490
ROBERT PETRINI CHIEF FINANCIAL OFFICER 40.00
Officer
$60,631 $0 $60,631
ROBERT HEBERT CHIEF STRATEGIC OFFICER 40.00
Highest
$127,476 $53,216 $180,692
MICHAEL STAYMAN CHAIR 0.50
Officer Director
$0 $0 $0
CHRIS KUNHARDT VICE CHAIR 0.50
Officer Director
$0 $0 $0
SHERRY ALBERT SECRETARY 0.50
Officer Director
$0 $0 $0
KAM CHEUNG TREASURER 0.50
Officer Director
$0 $0 $0
JACK BANEY DIRECTOR 0.50
Director
$0 $0 $0
AMANDA BLANCO DIRECTOR 0.50
Director
$0 $0 $0
EARL BLOODWORTH DIRECTOR 0.50
Director
$0 $0 $0
JILL BRENNAN DIRECTOR 0.50
Director
$0 $0 $0
JALMAR DE DIOS DIRECTOR 0.50
Director
$0 $0 $0
ELIZABETH DUPONT DIRECTOR 0.50
Director
$0 $0 $0
CRYTAL ENGRAM DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL FINN DIRECTOR 0.50
Director
$0 $0 $0
ROBERT FRANCIS DIRECTOR 0.50
Director
$0 $0 $0
TONI HARP DIRECTOR 0.50
Director
$0 $0 $0
RJ MERCEDE DIRECTOR 0.50
Director
$0 $0 $0
MARK SOYCHER DIRECTOR 0.50
Director
$0 $0 $0
MARK THORSHEIM DIRECTOR 0.50
Director
$0 $0 $0
CHAD WILKINS DIRECTOR 0.50
Director
$0 $0 $0
GENEVIVE WALKER DIRECTOR 0.50
Director
$0 $0 $0
VICTOR FUDA DIRECTOR 0.50
Director
$0 $0 $0
CHARLES GRADY DIRECTOR UNTIL 12/2023 0.50
Director
$0 $0 $0
DAVID SCARAMOZZA DIRECTOR 0.50
Director
$0 $0 $0
ANTOINETTE GLENN DIRECTOR 0.50
Director
$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 No data No data No data No data
2024 $18,836,579 $16,940,950 $9,747,474 $1,895,629
2024 $18,836,579 $16,940,950 $9,747,474 $1,895,629
2023 $15,845,681 $13,239,542 $6,693,197 $2,606,139
2022 $9,544,012 $9,708,244 $3,329,042 $-164,232
2021 $9,748,024 $9,429,495 $2,865,735 $318,529
2020 $9,050,907 $8,991,621 $3,048,957 $59,286
2019 $8,044,761 $7,878,812 $2,021,747 $165,949
2018 $6,863,136 $6,755,655 $1,226,276 $107,481
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