Community Resource Network Inc

EIN: 260502181 501(c)(3)

Altamonte Springs, FL

Total Revenue
$369,985
Total Expenses
$422,958
Total Assets
$226,934
Net Assets
$226,934
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
FL
Principal Officer
Dawn Haynes
Phone
4079494001
Tax Period
2020-01-01 to 2020-12-31

Community Resource Network Inc, founded in 2007, is a small nonprofit that reported $370K in total revenue in fiscal year 2020. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $423K exceeded revenue, resulting in a 14% operating deficit.

Mission

Supports, equips, and connects faith leadership and congregations to better support at-risk families in their neighborhoods, and alleviates poverty by building relationships that transform communities by loving our neighbor as ourselves.

Program Service Accomplishments

Program 1
Expenses: $100,795 Revenue: $47

The Community Resource Program offers a technology platform, designed as a community-wide web-based tool, to non-profit and church partners serving at-risk families to support the Organization's...

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The Community Resource Program offers a technology platform, designed as a community-wide web-based tool, to non-profit and church partners serving at-risk families to support the Organization's mission to achieve positive outcomes for families.

Program 2
Expenses: $72,631 Revenue: $0

The Provider Program identifies and engages with non-profit, community, and agency organizations, to facilitate at-risk families' access to needed resources and support services. The Program also...

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The Provider Program identifies and engages with non-profit, community, and agency organizations, to facilitate at-risk families' access to needed resources and support services. The Program also identifies and partners with non-profit and community organizations around the country with expertise in poverty alleviation and curriculum for Neighboring.

Program 3
Expenses: $56,507 Revenue: $0

The Family/Youth Assistance Program provides a way to assist unaccompanied, homeless youth who are still students by offering access to immediate physical needs as well as offering...

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The Family/Youth Assistance Program provides a way to assist unaccompanied, homeless youth who are still students by offering access to immediate physical needs as well as offering relational/emotional support and connection to other resources. This program also distributes funds provided through specific philanthropic sources to families at risk of losing their housing (in 2020 due to COVID-19 related issues).

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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 (2020)

Revenue Breakdown

Contributions & Grants $368,900
Program Service Revenue $0
Investment Income $1,038
Other Revenue $47
TOTAL REVENUE $369,985

Expense Breakdown

Grants Paid $4,801
Salaries & Benefits $382,821
Fundraising Expenses $0
Program Expenses $324,792
Other Expenses $35,336
TOTAL EXPENSES $422,958

Year-over-Year Comparison

2020 2019 Change
Revenue $369,985 $490,784 -0.2%
Expenses $422,958 $475,280 -0.1%
Net Income $-52,973 $15,504 -4.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
5
Volunteers
6

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
$98,782
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joel C Hunter Chairman/President/Director 25.00
Officer Director
$0 $0 $0
Fred B Clayton Treasurer/Director 1.00
Officer Director
$0 $0 $0
Ignacio Esteban Secretary/Director 1.00
Officer Director
$0 $0 $0
Ultima Morgan Director 1.00
Director
$0 $0 $0
Dawn Haynes CEO/Executive Director 40.00
Officer
$93,289 $5,493 $98,782
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
2020 $369,985 $422,958 $226,934 $-52,973
2019 $490,784 $475,280 $279,907 $15,504
2018 $451,685 $545,863 $264,403 $-94,178
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