COASTAL BEND DISASTER RECOVERY GRO… - Form 990 Financial Data

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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

2017

Legal Domicile

Principal Officer

Michael Korff

Phone

3615875005

Tax Period

2023-01-01 to 2023-12-31

COASTAL BEND DISASTER RECOVERY GROUP, founded in 2017, is a small nonprofit in the Public Safety sector that reported $215K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $42K, a strong 19% operating margin.

Mission

Coastal Bend Disaster Recovery Group is an established network of businesses, non-profit, faith-based and government organizations partnering to support long term disaster recovery efforts in the 11 counties of the Coastal Bend.

Program Service Accomplishments

Program 1

Expenses: $62,108 Revenue: $207,724

Providing long term recovery assistance using donations from public, foundations and governmental units. We currently focus on the eleven surrounding counties in the coastal bend area and work...

Providing long term recovery assistance using donations from public, foundations and governmental units. We currently focus on the eleven surrounding counties in the coastal bend area and work collaboratively with the communities to fill the gap between government assistance and client self-sufficiency to recover. We establish a fair and accurate mechanism to provide assistance through client case management and try to raise awareness of the impact of the disaster The year ending 12-31-2023 was a wind down year for the projects started in 2017. There were no major disasters in this year.

Program 2

Expenses: $0 Revenue: $0

Continue to help those persons within our 11 county region who are still in recovery and are in need of help.

Program 3

Expenses: $0 Revenue: $0

Additional Projects

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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 $212,724

Program Service Revenue $0

Investment Income $1,924

Other Revenue $0

TOTAL REVENUE $214,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,236

Fundraising Expenses $5,275

Program Expenses $62,108

Other Expenses $46,795

TOTAL EXPENSES $173,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$214,648	$315,202	-0.3%
Expenses	$173,031	$314,295	-0.4%
Net Income	$41,617	$907	+44.9%

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

Total Directors

Key Employees

$71,194

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher Brandt	Ex Director	40	Key Emp Highest	$71,194	$0	$71,194
Robert Blaschke Former County Judge	Director	10	Director	$0	$0	$0
Margie Gonzalez	Director	10	Director	$0	$0	$0
Billy Delgado	Director	10	Director	$0	$0	$0
Robert James Thomas	Director	10	Director	$0	$0	$0
Dee Hawkins	Board	10	Director	$0	$0	$0
Howard Gillespie	Director	10	Director	$0	$0	$0
John Jackson	Director	10	Director	$0	$0	$0
Joe McComb	Director	10	Director	$0	$0	$0
Josephine Miller	Director	10	Director	$0	$0	$0
Bobby Rodriguez	Director	10	Director	$0	$0	$0
David Rosse	Director	10	Director	$0	$0	$0
S Paul Baen	Secretary	10	Officer	$0	$0	$0
Danielle Hale	Vice President	10	Officer	$0	$0	$0
Alex Garcia	President	10	Officer	$0	$0	$0
Michael Korff	Treasurer	10	Officer	$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
2023	$214,648	$173,031	$89,293	$41,617
2022	$315,202	$314,295	$77,998	$907
2021	$1,107,502	$1,108,005	$204,950	$-503
2020	$1,937,350	$1,927,544	$325,292	$9,806
2019	$3,713,450	$3,712,331	$282,002	$1,119
2018	$3,541,214	$3,580,413	$819,484	$-39,199

COASTAL BEND DISASTER RECOVERY GROUP