BEGINNERS MIND INC DBA COMMUNITY RESOURCE COORDINATORS

EIN: 720918214 501(c)(3)

BATON ROUGE, LA

Total Revenue
$1,775,560
Total Expenses
$1,626,961
Total Assets
$864,030
Net Assets
$4,227
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
LA
Principal Officer
TRACY MATHERNE
Phone
2259350099
Tax Period
2024-07-01 to 2025-06-30

BEGINNERS MIND INC DBA COMMUNITY RESOURCE COORDINATORS, founded in 1992, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $1.6M left a modest 8% surplus.

Mission

COMMUNITY RESOURCE COORDINATORS IS DEDICATED TO PROVIDING ONGOING, CONSCIENTIOUS ASSISTANCE FOR INDIVIDUALS IN NEED, SO THAT THEY CAN CREATE AND MAINTAIN A QUALITY OF LIFE IN THE COMMUNITY. COMMUNITY RESOURCE COORDINATORS STRIVES TO ENRICH THE LIVES OF INDIVIDUALS BY PROVIDING THEM WITH EXPERIENCED, HIGHLY TRAINED PROFESSIONALS WHO COMMUNICATE WITH KNOWLEDGE AND COMPASSION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,747,516
Investment Income $0
Other Revenue $28,044
TOTAL REVENUE $1,775,560

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,346,352
Fundraising Expenses $0
Program Expenses $1,396,687
Other Expenses $280,609
TOTAL EXPENSES $1,626,961

Year-over-Year Comparison

2024 2023 Change
Revenue $1,775,560 $1,871,162 -0.1%
Expenses $1,626,961 $1,903,354 -0.1%
Net Income $148,599 $-32,192 -5.6%
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

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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
5
Independent Members
5
Employees
64
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY SIMON President 1.00
Officer Director
$0 $0 $0
GAIL GILES Treasurer 1.00
Officer Director
$0 $0 $0
PEGGY MARTIN Director 1.00
Director
$0 $0 $0
SUSAN SAUCE Director 1.00
Director
$0 $0 $0
RACHEL BAYHAM Secretary 1.00
Director
$0 $0 $0
TRACY MATHERNE Executive Dir. 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
2025 $1,775,560 $1,626,961 $864,030 $148,599
2024 $1,871,162 $1,903,354 $739,829 $-32,192
2023 $2,495,971 $1,711,382 $793,447 $784,589
2022 $1,680,665 $1,686,936 $244,674 $-6,271
2021 $1,740,751 $1,807,656 $263,695 $-66,905
2020 $1,638,296 $1,725,146 $285,410 $-86,850
2019 $1,696,501 $1,733,165 $280,111 $-36,664
2018 $1,718,111 $1,820,852 $272,128 $-102,741
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