Community Residences Foundation INC

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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

Justin Zakia

Phone

7038422300

Tax Period

2024-07-01 to 2025-06-30

Community Residences Foundation INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $659K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $947K exceeded revenue, resulting in a 44% operating deficit.

Mission

As a supporting organization of Community Residences, INC, and its programs, and its affiliated nonstock corporations, and their programs as these organizations qualify for exemption under IRC Section 501(c)(3).

Program Service Accomplishments

Program 1

Expenses: $599,656

Serves programs of Community Residences, INC through financial assistance.

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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 $331,403

Program Service Revenue $0

Investment Income $246,069

Other Revenue $81,283

TOTAL REVENUE $658,755

Expense Breakdown

Grants Paid $301,700

Salaries & Benefits $320,790

Fundraising Expenses $317,899

Program Expenses $599,656

Other Expenses $324,068

TOTAL EXPENSES $946,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$658,755	$719,457	-0.1%
Expenses	$946,558	$599,892	+0.6%
Net Income	$-287,803	$119,565	-3.4%

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

N/A

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

$430,946

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Justin Zaki	President & CEO	1.00	Officer	$0	$34,721	$430,946
Tamika Hawkins	Chairman	1.00	Officer Director	$0	$0	$0
Brigitte Custer	Sec/Treas	1.00	Officer Director	$0	$0	$0
Paul Gallagher	Director	1.00	Director	$0	$0	$0
Sumeet Shrivastava	Director	1.00	Director	$0	$0	$0
Tom Clark	Director	1.00	Director	$0	$0	$0
Dan Martin	Director	1.00	Director	$0	$0	$0
Michael Fitzgerald	Director	1.00	Director	$0	$0	$0
Edward Greene	Director	1.00	Director	$0	$0	$0
Hamza Saigol	CFO	1.00	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
2025	$658,755	$946,558	$6,189,305	$-287,803
2024	$719,457	$599,892	$5,870,652	$119,565
2023	$453,332	$667,293	$5,262,440	$-213,961
2022	$1,373,875	$290,117	$4,861,456	$1,083,758
2021	$389,398	$403,165	$4,620,869	$-13,767
2020	$917,932	$410,583	$3,859,331	$507,349
2019	$376,526	$468,191	$3,737,049	$-91,665
2018	$417,926	$335,537	$3,367,709	$82,389