COMMUNITY RESOURCE EXCHANGE INC (EIN 133048638) - Form 990 Financial Analysis & Trantor Score

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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

1979

Legal Domicile

Principal Officer

TILOMA JAYASINGHE

Phone

2128943394

Tax Period

2023-10-01 to 2024-09-30

COMMUNITY RESOURCE EXCHANGE INC, founded in 1979, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 51% operating deficit.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $824,354

Program Service Revenue $1,350,089

Investment Income $71,392

Other Revenue $4,658

TOTAL REVENUE $2,250,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,810,766

Fundraising Expenses $68,824

Program Expenses $2,817,602

Other Expenses $593,776

TOTAL EXPENSES $3,404,542

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,250,493	$3,959,933	-0.4%
Expenses	$3,404,542	$3,890,195	-0.1%
Net Income	$-1,154,049	$69,738	-17.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$269,158

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMER S AHMED	CHAIR	4.00	Officer Director	$0	$0	$0
LAURIE LESSAGE	TREASURER	2.00	Officer Director	$0	$0	$0
BENJAMIN F LORICK	SECRETARY	2.00	Officer Director	$0	$0	$0
ZOHRA ZORI	CHAIR, DEVELOPMENT	2.00	Director	$0	$0	$0
MARGI BOOTH	CHAIR, MARKETING & COMMUNICATIONS	2.00	Director	$0	$0	$0
DIPTY JAIN	CHAIR, FINANCE/AUDIT COMMITTEE	2.00	Director	$0	$0	$0
SARA SOLFANELLI	VICE CHAIR; CHAIR, HR	2.00	Director	$0	$0	$0
CHANTAL BONITTO	DIRECTOR	2.00	Director	$0	$0	$0
SANDY FERNANDEZ	DIRECTOR	2.00	Director	$0	$0	$0
HALI LEE	DIRECTOR	2.00	Director	$0	$0	$0
JERRY H MARCUS	DIRECTOR	2.00	Director	$0	$0	$0
MIRIAM TAI	DIRECTOR	2.00	Director	$0	$0	$0
TILOMA JAYASINGHE	PRESIDENT AND CEO	40.00	Officer	$230,000	$39,158	$269,158
MELKIS ALVAREZ-BAEZ	CHIEF OPERATIING OFFICER	40.00	Highest	$188,019	$10,862	$198,881
GEORGE HSIEH	CHIEF PROGRAM OFFICER	40.00	Highest	$187,827	$27,412	$215,239
UNIQUE A BRATHWAITE	CHIEF EXTERNAL AFFAIRS OFFICER	40.00	Highest	$159,808	$22,277	$182,085
JEAN LOBELL	SENIOR FELLOW	40.00	Highest	$145,044	$20,141	$165,185
JEFFERSON A BALLOW	SENIOR FELLOW	40.00	Highest	$150,000	$35,715	$185,715

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
2024	$2,250,493	$3,404,542	$3,566,811	$-1,154,049
2023	$3,959,933	$3,890,195	$4,579,283	$69,738
2022	$4,143,775	$3,958,386	$4,627,434	$185,389
2021	$3,997,508	$3,779,909	$5,552,695	$217,599
2020	$3,527,263	$4,231,160	$4,953,418	$-703,897
2019	$4,448,621	$4,302,071	$5,224,904	$146,550
2018	$5,077,516	$4,117,300	$5,133,100	$960,216

COMMUNITY RESOURCE EXCHANGE INC