COMMUNITY RESTORATION CORPORATION

EIN: 453774445 501(c)(3)

IRVING, TX

Total Revenue
$7,360,627
Total Expenses
$283,776
Total Assets
$711,603
Net Assets
$685,564
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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
2011
Legal Domicile
DE
Principal Officer
CARLOS ALCAZAR
Phone
2147103332
Tax Period
2022-01-01 to 2022-12-31

COMMUNITY RESTORATION CORPORATION, founded in 2011, is a community nonprofit that reported $7.4M in total revenue in fiscal year 2022. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $7.1M, a strong 96% operating margin.

Mission

WORKING IN STRATEGIC PARTNERSHIP WITH A TEAM OF LOCAL ORGANIZATIONS, CRC ACQUIRED DISTRESSED MORTGAGES/NOTES AND REAL ESTATE OWNED (REO) PROPERTIES FROM LENDERS AND CREATES COMMUNITY-FOCUSED DISPOSITION STRATEGIES FOR THE ASSETS.

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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 $0
Program Service Revenue $371,164
Investment Income $4,277
Other Revenue $6,985,186
TOTAL REVENUE $7,360,627

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,360
Other Expenses $283,776
TOTAL EXPENSES $283,776

Year-over-Year Comparison

2022 2021 Change
Revenue $7,360,627 $9,217,251 -0.2%
Expenses $283,776 $1,584,397 -0.8%
Net Income $7,076,851 $7,632,854 -0.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS ALCAZAR PRESIDENT 1.00
Officer Director
$0 $0 $0
MATT CAMERON TREASUER 1.00
Officer Director
$0 $0 $0
JENNIFER HENNEMUTH SECRETARY 1.00
Officer Director
$0 $0 $0
ERIC CHATMAN DIRECTOR 1.00
Director
$0 $0 $0
KATE MONTER DURBAN DIRECTOR (LEFT IN 2022) 1.00
Director
$0 $0 $0
ERIN PERSONS DIRECTOR (LEFT IN 2022) 1.00
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
2022 $7,360,627 $283,776 $711,603 $7,076,851
2021 $9,217,251 $1,584,397 $696,507 $7,632,854
2020 $1,968,518 $2,887,281 $3,312,006 $-918,763
2019 $4,972,575 $4,898,025 $5,132,591 $74,550
2018 $6,230,871 $9,998,583 $10,384,080 $-3,767,712
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