CRC CARES FOUNDATION (EIN 260497068) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

DOUGLAS G LAROSA

Phone

7032944500

Tax Period

2024-01-01 to 2024-12-31

CRC CARES FOUNDATION, founded in 2007, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $433K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $509K exceeded revenue, resulting in a 17% operating deficit.

Mission

CHARITABLE ORGANIZATION PROVIDING SUPPORT TO OTHER LOCAL AND NATIONAL CHARITABLE ORGANIZATIONS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $558,720

Program Service Revenue $0

Investment Income $85,633

Other Revenue $-60,403

TOTAL REVENUE $583,950

Expense Breakdown

Grants Paid $285,436

Salaries & Benefits $0

Fundraising Expenses $523

Program Expenses $285,436

Other Expenses $7,401

TOTAL EXPENSES $292,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$583,950	$538,731	+0.1%
Expenses	$292,837	$291,053	+0.0%
Net Income	$291,113	$247,678	+0.2%

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

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS G LAROSA	PRESIDENT AND TREASURER	5.00	Officer Director	$0	$0	$0
DAVID BRODY	SECRETARY	5.00	Officer 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	$583,950	$292,837	$1,966,240	$291,113
2023	$538,731	$291,053	$1,672,917	$247,678
2022	$714,618	$330,821	$1,425,548	$383,797
2021	$389,830	$323,038	$1,041,628	$66,792
2020	$245,455	$363,264	$974,260	$-117,809
2019	$515,026	$396,496	$1,110,752	$118,530
2018	$433,103	$508,838	$973,479	$-75,735

CRC CARES FOUNDATION