Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Carolina Refugee Resettlement Agency Inc, founded in 2009, is a community nonprofit in the Human Services sector that reported $3.0M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.8M left a modest 6% surplus.
CRRA provides resettlement services to refugees and asylees who faced violence, persecution, and repression in their native countries in order for them to become self-sufficient and contributing members of society.
Reception and Placement (R&P): This program is funded by the U.S. Dep. of State. CRRA finds and furnishes apartments for new arrivals; meets them at the airport, provides food and other living...
Reception and Placement (R&P): This program is funded by the U.S. Dep. of State. CRRA finds and furnishes apartments for new arrivals; meets them at the airport, provides food and other living supplies; registers their children in school, takes them to the health dept. and social security and provides an orientation to Charlotte, including the job market and the bus system. The program also includes home visits and referrals to other services such as adult ESL, social services, etc. to help clients meet their resettlement goals and needs. 100% of clients receive these services.
The Preferred Communities program (PC) provides intensive case management to support vulnerable refugee populations to access services and make necessary community linkages. The agency received PC...
The Preferred Communities program (PC) provides intensive case management to support vulnerable refugee populations to access services and make necessary community linkages. The agency received PC supplemental funds to provide Gap services to eligible Afghan clients, including legal services, and to serve the Ukrainian Humanitarian Parolees be enrolling them in 90-day Ukrainian initial services and PC -ICM. Also, CRRA conducts outreach to connect Haitian clients to time sensitive service and benefits and offers Gap services by using PC Refugee and Entrant Assistance Funding.
Matching Grant (MG) The goal of this program is to assist qualifying populations in attaining economic self-sufficiency within 120-180 days from their date of eligibility for (Office of Refugee...
Matching Grant (MG) The goal of this program is to assist qualifying populations in attaining economic self-sufficiency within 120-180 days from their date of eligibility for (Office of Refugee Resettlement) ORR-funded services. Self-sufficiency must be achieved without accessing public welfare assistance. MG is a combination of payment of rent and utilities for up to 4 months, a cash stipend, and ongoing employment case management. CRRA has more than an 85% success rate among clients who are enrolled in the MG program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,978,135 | $2,566,483 | +0.2% |
| Expenses | $2,810,876 | $2,562,651 | +0.1% |
| Net Income | $167,259 | $3,832 | +42.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Marsha Hirsch | Executive Dir. | 40.00 |
Officer
|
$129,467 | $0 | $129,467 |
| Bruce Fremderman | Controller | 40.00 |
|
$113,300 | $0 | $113,300 |
| Ken Alyta | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Parker Russell | Board Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Earl Norman | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jahan Salehi | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Erin Mills | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Charles Partlow | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,978,135 | $2,810,876 | $1,867,392 | $167,259 |
| 2023 | $2,566,483 | $2,562,651 | $1,669,683 | $3,832 |
| 2022 | $2,226,317 | $1,952,675 | $1,650,412 | $273,642 |
| 2021 | $1,306,238 | $1,038,809 | $1,368,913 | $267,429 |
| 2020 | $1,034,660 | $856,533 | $1,094,873 | $178,127 |
| 2019 | $1,051,676 | $922,083 | $916,411 | $129,593 |
| 2018 | $784,534 | $739,026 | $784,313 | $45,508 |
Compare Carolina Refugee Resettlement Agency Inc with other nonprofits in North Carolina and across the country.