THE RESOURCE FOUNDATION INC

EIN: 133421446 501(c)(3)

NEW YORK, NY

Total Revenue
$2,014,773
Total Expenses
$2,053,059
Total Assets
$1,265,907
Net Assets
$1,173,882
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Principal Officer
BEATRIZ GUILLEN
Phone
2126756170
Tax Period
2024-01-01 to 2024-12-31

THE RESOURCE FOUNDATION INC, founded in 1987, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

TO BE A LEADER IN PHILANTHROPIC GIVING TO THE AMERICAS & THE CARIBBEAN , AND TO INCREASE OPPORTUNITIES & IMPROVE LIVING STANDARDS FOR THE REGION'S DISADVANTAGED.

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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 $2,010,923
Program Service Revenue $0
Investment Income $3,850
Other Revenue $0
TOTAL REVENUE $2,014,773

Expense Breakdown

Grants Paid $1,659,312
Salaries & Benefits $172,350
Fundraising Expenses $48,827
Program Expenses $1,800,008
Other Expenses $221,397
TOTAL EXPENSES $2,053,059

Year-over-Year Comparison

2024 2023 Change
Revenue $2,014,773 $2,811,462 -0.3%
Expenses $2,053,059 $2,642,636 -0.2%
Net Income $-38,286 $168,826 -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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
12

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
4
$110,833
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN WELCH CHAIRMAN 1.50
Officer Director
$0 $0 $0
PATRICK AMATO TREASURER 1.50
Officer Director
$0 $0 $0
CRISTINA PEREZ SECRETARY 1.50
Officer Director
$0 $0 $0
MICHAEL M ARCHER DIRECTOR 1.50
Director
$0 $0 $0
RAFAEL GUARDANS CAMBO DIRECTOR 1.50
Director
$0 $0 $0
RICARDO S MARTINEZ DIRECTOR 1.50
Director
$0 $0 $0
AMY MCCARTHY DIRECTOR 1.50
Director
$0 $0 $0
MANOCHERE ALAMGIR DIRECTOR 1.50
Director
$0 $0 $0
ALISON M RENDE DIRECTOR 1.50
Director
$0 $0 $0
KENNETH RICCI DIRECTOR 1.50
Director
$0 $0 $0
PEDRO LICHTINGER DIRECTOR 1.50
Director
$0 $0 $0
LILYANNA YANG DIRECTOR 1.50
Director
$0 $0 $0
BEATRIZ GUILLEN EXECUTIVE DIRECTOR 40.00
Officer
$110,833 $0 $110,833
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 $2,014,773 $2,053,059 $1,265,907 $-38,286
2023 $2,811,462 $2,642,636 $1,371,433 $168,826
2022 $2,263,938 $2,601,024 $1,567,742 $-337,086
2021 $4,059,905 $4,085,684 $1,773,805 $-25,779
2020 $3,814,828 $3,096,162 $1,737,435 $718,666
2019 $4,238,962 $7,097,913 $1,655,511 $-2,858,951
2019 $4,238,962 $7,097,913 $1,655,511 $-2,858,951
2018 $9,305,314 $13,188,781 $3,524,718 $-3,883,467
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