COMMUNITIES ADVOCATING FOR RESIDENT (EIN 204861991) - 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

2006

Legal Domicile

Principal Officer

JOSEPH M MICHAELS

Phone

7609449050

Tax Period

2023-01-01 to 2023-12-31

COMMUNITIES ADVOCATING FOR RESIDENT EMPOWERMENT INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $705K in total revenue in fiscal year 2018.

Mission

COMMUNITIES ADVOCATING FOR RESIDENT EMPOWERMENT (C.A.R.E.) IS DEDICATED TO PROVIDING HIGH QUALITY AND CONSISTENT CRITICAL SOCIAL SERVICES, EDUCATIONAL PROGRAMS, ADVOCACY AND TRAINING FOR CHILDREN, YOUTH, FAMILIES AND SENIORS LIVING IN AFFORDABLE HOUSING COMMUNITIES.

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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 $503,079

Program Service Revenue $513,093

Investment Income $18,794

Other Revenue $0

TOTAL REVENUE $1,034,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $610,926

Fundraising Expenses $0

Program Expenses $849,509

Other Expenses $336,946

TOTAL EXPENSES $947,872

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,034,966	$962,335	+0.1%
Expenses	$947,872	$870,868	+0.1%
Net Income	$87,094	$91,467	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MICHAELS	PRESIDENT	020.00	Officer Director	$0	$0	$0
JO ANNE LEONE	DIRECTOR	000.5	Director	$0	$0	$0
ALLISON WISHARD GUERRA PHD	DIRECTOR	000.5	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
2024	No data	No data	No data	No data
2023	$1,034,966	$947,872	$941,963	$87,094
2022	$962,335	$870,868	$854,869	$91,467
2021	$868,654	$792,682	$763,508	$75,972
2020	$837,112	$825,773	$687,430	$11,339
2019	$742,472	$730,006	$681,601	$12,466
2018	$705,269	$700,616	$663,731	$4,653

COMMUNITIES ADVOCATING FOR RESIDENT