CR FOUNDATION (EIN 331021411) - 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

2002

Legal Domicile

Principal Officer

DEREK K HEIN

Phone

8012262121

Tax Period

2023-01-01 to 2023-12-31

CR FOUNDATION, founded in 2002, is a community nonprofit in the Health Care sector that reported $2.8M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $3.8M exceeded revenue, resulting in a 36% operating deficit.

Mission

TO IDENTIFY THE OUTSTANDING PRODUCTS, TECHNIQUES, AND EQUIPMENT FOR DELIVERY OF ORAL CARE THROUGH LABORATORY AND CLINICAL RESEARCH. TO DISSEMINATE THE RESEARCH FINDINGS AS BROADLEY AS POSSIBLE THROUGH USE OF THE CR REPORT, JOURNAL PUBLICATIONS, TRADE MAGAZINES, DENTAL COURSES, VIDEO TAPES, COMPUTER NETWORKING, TELEPHONE, AND ANY OTHER COMMUNICATION TOOLS.

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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 $101,564

Program Service Revenue $2,527,923

Investment Income $153,252

Other Revenue $6,177

TOTAL REVENUE $2,788,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,796,001

Fundraising Expenses $46,991

Program Expenses $3,493,252

Other Expenses $2,001,622

TOTAL EXPENSES $3,797,623

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,788,916	$3,288,639	-0.2%
Expenses	$3,797,623	$3,651,345	+0.0%
Net Income	$-1,008,707	$-362,706	+1.8%

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

480

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

$350,366

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES FIELDS	DIRECTOR	1.00	Director	$0	$0	$0
EDWARD MCLAREN	DIRECTOR	1.00	Director	$0	$0	$0
KARL KOERNER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CHRISTENSEN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL DORCIAK	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GREEN	DIRECTOR	1.00	Director	$0	$0	$0
NILES HERROD	DIRECTOR	1.00	Director	$0	$0	$0
SOREN JACOBSEN	DIRECTOR	1.00	Director	$0	$0	$0
THEORDORE CROLL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM CHRISTENSEN	DIRECTOR	1.00	Director	$0	$0	$0
GORDON CHRISTENSEN	DIRECTOR	10.00	Officer Director	$0	$0	$0
KAREN PRESTON	BOARD MEMBER	1.00	Director	$0	$0	$0
VALINDA JOHNSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
WYATT HUME	DIRECTOR	1.00	Director	$0	$0	$0
BARTON FOUTZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DEREK HEIN	CEO/DIRECTOR	51.76	Officer	$221,933	$13,138	$235,071
COLLEEN CLOWARD	TREASURER/SECRETARY	41.76	Officer	$107,188	$8,107	$115,295
BRAD J PLOEGER	TRAC DIRECTOR	45.33	Highest	$175,179	$13,719	$188,898
JENNIFER BUSHMAN	EXECUTIVE BUSINESS DIRECTO	38.25	Highest	$117,040	$0	$117,040
TIMOTHY PALMER	CHIEF SCIENTIFIC OFFICER	39.07	Highest	$122,055	$0	$122,055

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	$2,788,916	$3,797,623	$4,237,734	$-1,008,707
2022	$3,288,639	$3,651,345	$5,491,187	$-362,706
2021	$3,922,155	$3,423,426	$5,798,469	$498,729
2020	$3,081,136	$3,042,166	$5,340,303	$38,970
2019	$3,886,238	$4,083,281	$5,574,022	$-197,043
2018	$3,765,410	$3,864,631	$5,886,787	$-99,221

CR FOUNDATION