COMMUNITY RESIDENT SERVICES INC

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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

2008

Legal Domicile

Principal Officer

ERIN MYERS

Phone

9169001307

Tax Period

2023-01-01 to 2023-12-31

COMMUNITY RESIDENT SERVICES INC, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $488K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $231K, a strong 47% operating margin.

Mission

COMMUNITY RESIDENT SERVICES, INC. (CRS) WORKS TO IMPROVE THE LIVES OF ITS RESIDENTS THROUGHCOMPREHENSIVE SERVICES WHILE PARTICIPATING IN THE DEVELOPMENT AND PRESERVATION OF AFFORDABLERENTAL HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS IN CALIFORNIA.

Program Service Accomplishments

Program 1

Expenses: $257,102 Revenue: $487,701

SOCIAL PROGRAMS, NIGHT CLASSES, AND AFTER SCHOOL PROGRAMS FOR CHILD RESIDENTS

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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 $0

Program Service Revenue $458,002

Investment Income $2,805

Other Revenue $26,894

TOTAL REVENUE $487,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,540

Fundraising Expenses $0

Program Expenses $257,102

Other Expenses $58,562

TOTAL EXPENSES $257,102

Year-over-Year Comparison

	2023	2022	Change
Revenue	$487,701	$266,158	+0.8%
Expenses	$257,102	$202,023	+0.3%
Net Income	$230,599	$64,135	+2.6%

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

N/A

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
ERIN MYERS	EXECUTIVE DIRECTOR	40.00	Director	$0	$0	$0
ELIZABETH SHULTS	PRESIDENT	3.00	Officer Director	$0	$0	$0
ELIZABETH JACKSON	BOARD MEMBER	3.00	Director	$0	$0	$0
JOE GOEHRING	TREASURER AND SECRETARY	3.00	Officer Director	$0	$0	$0
PATRICE CLEMONS	BOARD MEMBER	3.00	Director	$0	$0	$0
VICKI KENNEDY	BOARD MEMBER	3.00	Director	$0	$0	$0
JENNIFER CRAWFORD	BOARD MEMBER	3.00	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	$487,701	$257,102	$1,498,229	$230,599
2022	$266,158	$202,023	$1,267,630	$64,135
2021	$209,399	$171,625	$1,199,666	$37,774
2020	$248,594	$189,754	$1,161,892	$58,840
2019	$465,675	$295,457	$1,103,052	$170,218
2018	$310,923	$270,607	$922,148	$40,316