CRC CARES FOUNDATION

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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

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 $584K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $291K, a strong 50% operating margin.

Mission

THE CRC CARES FOUNDATION EMPOWERS INDIVIDUALS TO MAKE A DIFFERENCE THROUGH A COMPREHENSIVE APPROACH TO GIVING BY UNITING INDIVIDUALS TOGETHER TO BUILD A STRONGER SOCIETY, RAISING AWARENESS AS AN INSPIRATION FOR ACTION, FOSTERING A CULTURE OF ACCOUNTABILITY, EMPOWERING OTHERS TO IMPROVE THE WORLD AROUND THEM AND COMMITTING RESOURCES TO SET VALUES INTO MOTION.

Program Service Accomplishments

Program 1

Expenses: $285,436

THE CRC CARES FOUNDATION SUPPORTS A VARIED ARRAY OF WORTHWHILE ORGANIZATIONS THROUGH DONATIONS OF TIME AND RESOURCES IN THE FORM OF CHARITABLE GRANTS AND VOLUNTEERISM. THE FOUNDATION EMPOWERS...

THE CRC CARES FOUNDATION SUPPORTS A VARIED ARRAY OF WORTHWHILE ORGANIZATIONS THROUGH DONATIONS OF TIME AND RESOURCES IN THE FORM OF CHARITABLE GRANTS AND VOLUNTEERISM. THE FOUNDATION EMPOWERS INDIVIDUALS TO MAKE A DIFFERENCE THROUGH A COMPREHENSIVE APPROACH TO GIVING, BEST EMBODIED IN THE FIVE PILLARS THAT DESCRIBES THE ORGANIZATION'S CORE VALUES,-COMMUNITY - UNITING INDIVIDUALS TO BUILD A STRONGER SOCIETY-ADVOCACY - RAISING AWARENESS AS AN INSPIRATION FOR ACTION-RESPONSIBILITY - FOSTERING A CULTURE OF ACCOUNTABILITY-EDUCATION - EMPOWERING OTHERS TO IMPROVE THE WORLD-SERVICE - COMMITTING RESOURCES TO SET VALUES IN MOTION.

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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 (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