Carolina Refugee Resettlement Agency Inc (EIN 300577219) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

Marsha Hirsch

Phone

7045358803

Tax Period

2024-01-01 to 2024-12-31

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.

Mission

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.

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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 $2,953,317

Program Service Revenue $19,467

Investment Income $5,351

Other Revenue $0

TOTAL REVENUE $2,978,135

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,625,782

Fundraising Expenses $24,157

Program Expenses $2,637,293

Other Expenses $1,185,094

TOTAL EXPENSES $2,810,876

Year-over-Year Comparison

	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%

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

Volunteers

150

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

$129,467

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

Carolina Refugee Resettlement Agency Inc