FIDELITY RESOURCES INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

CHRISTIANA OPARAH

Tax Period

2023-07-01 to 2024-06-30

FIDELITY RESOURCES INC, founded in 2002, is a mid-sized nonprofit in the Mental Health sector that reported $14.9M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $13.2M left a modest 11% surplus.

Mission

TO PROVIDE RESOURCES, QUALITY CARE AND SUPPORTIVE SERVICES TO INDIVIDUALS WITH DISABILITY AND SPECIAL NEEDS TO ATTAIN THE HIGHEST LEVEL OF COMMUNITY LIVING AND SUCCESS

Program Service Accomplishments

Program 1

Expenses: $762,568 Revenue: $14,877,370

DURING THE FISCAL YEAR FIDELITY RESOURCES, INC SERVED 126 CLIENTS, PROVIDING QUALITY CARE THAT ENHANCED THE QUALITY OF LIFE FOR THE POPULATION THAT WE SERVED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $14,877,370

Investment Income $0

Other Revenue $0

TOTAL REVENUE $14,877,370

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,219,477

Fundraising Expenses $0

Program Expenses $762,568

Other Expenses $3,963,680

TOTAL EXPENSES $13,183,157

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,877,370	$13,417,055	+0.1%
Expenses	$13,183,157	$14,788,501	-0.1%
Net Income	$1,694,213	$-1,371,446	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL WIECHELDOFFER	DIRECTOR-BOD SECRETARY	0.00	Director	$0	$0	$0
OGECHI EKECHA	DIRECTOR-BOD DUPUTY CHAIR	0.00	Director	$0	$0	$0
EUNAN ONYEMA	DIRECTOR-BOD CHAIRMAN	0.00	Director	$0	$0	$0
CHRISTIANA OPARAH	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$0
CHRISTIAN DURU	CHIEF FINANCIAL OFFICER	40.00	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
2024	$14,877,370	$13,183,157	$8,481,490	$1,694,213
2023	$13,417,055	$14,788,501	$5,373,009	$-1,371,446
2022	$8,880,571	$9,321,112	$3,497,058	$-440,541
2022	$8,298,712	$9,283,182	$3,490,897	$-984,470
2021	$13,537,052	$9,492,768	$5,393,131	$4,044,284
2020	$7,730,972	$7,379,636	$7,250,859	$351,336
2019	$7,876,368	$6,963,547	$4,643,358	$912,821
2018	$8,022,187	$6,309,879	$10,644,530	$1,712,308