VILLAGE RESOURCES INCORPORATED

EIN: 208242080 501(c)(3) Human Services

TRENTON, NJ

Total Revenue
$85,329
Total Expenses
$127,279
Total Assets
$9,950
Net Assets
$7,815
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NJ
Principal Officer
Jackie Edwards
Phone
6098154073
Tax Period
2023-01-01 to 2023-12-31

VILLAGE RESOURCES INCORPORATED, founded in 2018, is a micro nonprofit in the Human Services sector that reported $85K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $127K exceeded revenue, resulting in a 49% operating deficit.

Mission

To promote the welfare OF INDIVIDUALS WITH DISABILITIES, AND OTHER DISADVANTAGED GROUPS, AND INCREASE SERVICES TO THE FAMILIES OF BOTH. Trained staff that were previously unemployed. Employ are the eligibility requirements or services 1.New Jersey nonprofit social services organizations experienced in eviction / homelessness prevention and diversion, tenant and landlord targeted outreach, case management, data tracking, reporting and retention, with the capacity to quickly hire and manage resource navigators wholly devoted to this intervention, and the administrative capacity to quickly process and distribute direct client assistance funding. 2. Required experience may include the following: a. Rental Assistance b. Homelessness prevention; relocation, rapid rehousing c. Landlord-tenant court procedure; NJ tenancy law; landlord-tenant mediation or counseling d. HUD-Certified Housing Counseling services e. Wrap-around case management services f. Crisis intervention and g. Local support

Program Service Accomplishments

Program 1
Expenses: $25,800 Revenue: $2,702

INTENSIVE CASE MANAGEMENT. 2 PARTIPANTS WERE PLACED INTO PERMANENT HOUSING. $6,000 WAS PROVIDED FOR RENTAL ASSISTANCE, AND $6,300.00 WAS PROVIDED FOR SECURITY DEPOSITS. TOTAL CASE MANAGEMENT PROVIDED...

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INTENSIVE CASE MANAGEMENT. 2 PARTIPANTS WERE PLACED INTO PERMANENT HOUSING. $6,000 WAS PROVIDED FOR RENTAL ASSISTANCE, AND $6,300.00 WAS PROVIDED FOR SECURITY DEPOSITS. TOTAL CASE MANAGEMENT PROVIDED WAS $1,500. Total Grant was $28,502.

Program 2
Expenses: $50,252 Revenue: $0

RAPID REHOUSING - 4 HOUSHOLDS WERE PLACED INTO PERMANENT HOUSING. $50,252 WAS PROVIVED IN RENTAL ASSISTANCE AND $14,200 WAS PROVIDED IN SECURITY DEPOSITS. Grant was from Mercer County.

Program 3
Expenses: $0 Revenue: $0

Village Resources staff volunteered at several local non profits to teach literacy programs to several students from Trenton schools in summer of 2024.

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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 $85,329
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $85,329

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,850
Fundraising Expenses $0
Program Expenses $76,052
Other Expenses $48,429
TOTAL EXPENSES $127,279

Year-over-Year Comparison

2023 2022 Change
Revenue $85,329 $387,513 -0.8%
Expenses $127,279 $388,263 -0.7%
Net Income $-41,950 $-750 +54.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
5
Volunteers
5

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
0
$0
Total Directors
2
$0
Key Employees
1
$24,500
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACKIE EDWARDS EXECUTIVE DIRECTOR/CEO 37.5
Key Emp Highest
$24,500 $0 $24,500
LIZ GRAHAM VICE-PRESIDENT 1
Director
$0 $0 $0
JOANNE WINTERS PRESIDENT 1
Director
$0 $0 $0
MICHELLE RAGUAUN TREASURER 1
$0 $0 $0
JACUELINE STROMAN SECRETARY 1
$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
2023 $85,329 $127,279 $9,950 $-41,950
2022 $387,513 $388,263 $55,254 $-750
2021 $496,973 $519,726 $74,707 $-22,753
2020 $379,599 $284,629 $108,738 $94,970
2019 $307,648 $300,603 $22,752 $7,045
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