CAREER RESOURCE CENTER INC

EIN: 363993644 501(c)(3)

NORTHBROOK, IL

Total Revenue
$137,659
Total Expenses
$184,097
Total Assets
$60,291
Net Assets
$51,156
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
IL
Principal Officer
CLAIRE THOM
Phone
8474467225
Tax Period
2022-01-01 to 2022-12-31

CAREER RESOURCE CENTER INC, founded in 1994, is a small nonprofit that reported $138K in total revenue in fiscal year 2022. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $184K exceeded revenue, resulting in a 34% operating deficit.

Mission

CAREER RESOURCE CENTER HELPS CHANGE LIVES AND STRENGTHENS COMMUNITIES WITH CONFIDENCE-BUILDING, RESULTS-FOCUSED EMPLOYMENT RESOURCES. ESTABLISHED 30 YEARS AGO, CAREER RESOURCE CENTER HAS BEEN TRANSFORMING CAREERS EVER SINCE ASSISTING MORE THAN 14,000 INDIVIDUALS. CRC IS THE PROVEN CONFIDENCE-BUILDING, EMPLOYMENT RESOURCE FEATURING INDIVIDUALIZED ATTENTION, EDUCATION, TRAINING, AND COACHING BY INDUSTRY PROFESSIONALS. CRC'S COMPREHENSIVE EMPLOYMENT RESOURCES FOCUS ON HELPING CANDIDATES OPTIMIZE THEIR SEARCH EFFORTS AND MAXIMIZE THEIR RESULTS. OUR STRENGTH IS IN ENERGIZING, EMPOWERING, AND HELPING JOB SEEKERS NAVIGATE THE JOB SEARCH MINEFIELDS. JOB SEEKERS WHO TAKE ADVANTAGE OF CRC EMPLOYMENT RESOURCES WILL BE GAINING A COMPETITIVE EDGE AND BECOME BETTER EQUIPPED TO MARKET THEMSELVES AND REMAIN POSITIVE. SUCCESSFUL EMPLOYMENT MEANS THAT, ONCE AGAIN, CANDIDATES CAN STAND PROUD, SUPPORT THEIR FAMILIES, AND RETURN TO THEIR COMMUNITIES AS CONTRIBUTING MEMBERS. EMBRACING BEST PRACTICES AND NEW TECHNOLOGY WITHOUT DIMINISHING THE "PERSONAL TOUCH" HAS RESULTED IN A HISTORY OF SUCCESSFUL AND SATISFIED MEMBERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $118,820
Program Service Revenue $18,615
Investment Income $224
Other Revenue $0
TOTAL REVENUE $137,659

Expense Breakdown

Grants Paid $0
Salaries & Benefits $139,111
Fundraising Expenses $64,012
Program Expenses $99,897
Other Expenses $44,986
TOTAL EXPENSES $184,097

Year-over-Year Comparison

2022 2021 Change
Revenue $137,659 $271,258 -0.5%
Expenses $184,097 $236,156 -0.2%
Net Income $-46,438 $35,102 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
5
Volunteers
50

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
5
$44,167
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS C RATCHFORD PRESIDENT 5.00
Officer Director
$0 $0 $0
LORI GOLDSTEIN DIRECTOR 2.00
Director
$0 $0 $0
CLAIRE THOM TREASURER 2.00
Officer Director
$0 $0 $0
JOHN STRAUSS DIRECTOR 2.00
Director
$0 $0 $0
MARILYN CLARK DIRECTOR 2.00
Director
$0 $0 $0
RICH JONES DIRECTOR 2.00
Director
$0 $0 $0
DAVID KAHL DIRECTOR 2.00
Director
$0 $0 $0
JODY PERL DIRECTOR 2.00
Director
$0 $0 $0
HANK GALATZ DIRECTOR 2.00
Director
$0 $0 $0
MARY BETH BARRETT-NEWMAN DIRECTOR 2.00
Director
$0 $0 $0
BRENT WHITE SECRETARY 3.00
Officer Director
$0 $0 $0
CHARLES EDWARDS DIRECTOR 2.00
Director
$0 $0 $0
PAM LEACH ASSISTANT TREASURER 10.00
Officer
$0 $0 $0
NANCY FROHAM EXEC DIRECTOR 50.00
Officer
$44,167 $0 $44,167
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
2022 $137,659 $184,097 $60,291 $-46,438
2021 $271,258 $236,156 $121,717 $35,102
2020 $216,215 $207,509 $69,324 $8,706
2019 $213,782 $233,083 $57,640 $-19,301
2018 $225,938 $222,842 $76,759 $3,096
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