COMMUNITY DEVELOPMENT RESOURCES (EIN 470832685) - 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

1995

Legal Domicile

Principal Officer

FARSHAD MALTES

Phone

4024362386

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY DEVELOPMENT RESOURCES, founded in 1995, is a community nonprofit in the Community Improvement sector that reported $4.4M in total revenue in fiscal year 2024. Revenue surged 658% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.6M, a strong 82% operating margin.

Mission

TO CREATE ECONOMIC OPPORTUNITY AND STRONG COMMUNITIES BY PROVIDING CAPITAL AND TECHNICAL ASSISTANCE TO DEVELOP AND FORTIFY SMALL BUSINESSES; INCREASE SUPPLY OF AFFORDABLE HOUSING; AND PROMOTE COMMUNITY DEVELOPMENT.

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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 $4,184,955

Program Service Revenue $213,169

Investment Income $35,743

Other Revenue $2,375

TOTAL REVENUE $4,436,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $377,553

Fundraising Expenses $36,205

Program Expenses $534,429

Other Expenses $440,128

TOTAL EXPENSES $817,681

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,436,242	$585,365	+6.6%
Expenses	$817,681	$587,426	+0.4%
Net Income	$3,618,561	$-2,061	-1756.7%

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

N/A

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

$163,877

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK HESSER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE BORS	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
TERRY ULAND	PRESIDENT	1.00	Officer Director	$0	$0	$0
ALEC GORYNSKI	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
ERNIE CASTILLO	MEMBER	1.00	Director	$0	$0	$0
HEATHER LOUGHMAN	MEMBER	1.00	Director	$0	$0	$0
CARL SJULIN	MEMBER	1.00	Director	$0	$0	$0
CHARLIE WESCHE	MEMBER	1.00	Director	$0	$0	$0
MEAGAN LIESVELD	MEMBER	1.00	Director	$0	$0	$0
CHRIS LAMBERTY	MEMBER	1.00	Director	$0	$0	$0
DIANE TEMME STINTON	MEMBER	1.00	Director	$0	$0	$0
DORIS ROBERTSON	MEMBER	1.00	Director	$0	$0	$0
DAVID SHIFFERMILLER	MEMBER	1.00	Director	$0	$0	$0
LUKE PELTZ	MEMBER	1.00	Director	$0	$0	$0
PATRICK BEANS	MEMBER	1.00	Director	$0	$0	$0
AVA THOMAS	MEMBER	1.00	Director	$0	$0	$0
PETER HIND	MEMBER	1.00	Director	$0	$0	$0
TOM RANDA	MEMBER	1.00	Director	$0	$0	$0
FARSHAD MALTES	EXECUTIVE DIRECTOR	40.00	Officer	$162,677	$1,200	$163,877

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	$4,436,242	$817,681	$7,799,661	$3,618,561
2023	$585,365	$587,426	$1,967,114	$-2,061
2022	$930,664	$471,156	$1,358,465	$459,508
2021	$319,240	$372,308	$1,656,225	$-53,068
2020	$304,535	$367,258	$1,567,685	$-62,723
2019	$272,944	$310,568	$1,675,062	$-37,624
2018	$274,942	$316,178	$1,731,812	$-41,236

COMMUNITY DEVELOPMENT RESOURCES