Resonance Center for Women 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

1977

Legal Domicile

Principal Officer

Katie Gill Miller

Phone

9185873888

Tax Period

2023-01-01 to 2023-12-31

Resonance Center for Women Inc, founded in 1977, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

Resonance Center for Women, Inc. promotes and supports the well-being and self-sufficiency of women and their families involved with the criminal justice system.

Program Service Accomplishments

Program 1

Expenses: $902,624 Revenue: $487,083

Reentry ProgramResonance helps women successfully reintegrate back into the community upon release from prison. Resonance case managers work with women at Eddie Warrior Correctional Facility, David L. Moss Criminal Justice Center, and Mabel Bassett Correctional Center. Resonance provides substance abuse treatment and/or reentry services, assisting women in developing a reentry plan, finding employment and securing housing. As part of its Reentry Program, Resonance also coordinates a mentoring program. The program offers mentees a variety of benefits including peer support, positive role models, lifelong connections and healthy recreational activities.

Program 2

Expenses: $484,947 Revenue: $341,803

Take 2 Cafe is a social enterprise providing transitional employment and housing for Resonance clients.

Program 3

Expenses: $481,190 Revenue: $362,048

Addiction Recovery and Diversion ServicesResonance is a gender-specific substance abuse and mental health service provider. Many women are referred to Resonance for comprehensive substance abuse...

Addiction Recovery and Diversion ServicesResonance is a gender-specific substance abuse and mental health service provider. Many women are referred to Resonance for comprehensive substance abuse treatment in lieu of incarceration. Treatment ranges from 90 days to three years, during which time clients live and work in the community, caring for their children and learning to cope with everyday life stressors throughout their recovery journey.

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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 $1,150,943

Program Service Revenue $858,241

Investment Income $6,935

Other Revenue $194,770

TOTAL REVENUE $2,210,889

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,483,261

Fundraising Expenses $199,861

Program Expenses $1,874,234

Other Expenses $662,126

TOTAL EXPENSES $2,145,387

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,210,889	$2,375,076	-0.1%
Expenses	$2,145,387	$1,866,888	+0.1%
Net Income	$65,502	$508,188	-0.9%

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

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

$129,812

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Katie Gill Miller	Executive Dir.	40.00	Officer	$124,110	$5,702	$129,812
Keri Gross	Director	1.00	Director	$0	$0	$0
Kimberly Joyce	President	1.00	Officer Director	$0	$0	$0
Dr Erica Kumar	Director	1.00	Director	$0	$0	$0
Victoria Hui Holloman	Director	1.00	Director	$0	$0	$0
Nicole Nascenzi	President Elect	1.00	Officer Director	$0	$0	$0
Lisa S Muller Ed D	Director	1.00	Director	$0	$0	$0
Gloria McCarter	Director	1.00	Director	$0	$0	$0
Stephanie Regan	Past President	1.00	Officer Director	$0	$0	$0
John Nobles	Secretary	1.00	Officer Director	$0	$0	$0
Amy Absher	Director	1.00	Director	$0	$0	$0
Jourdan Srouji	Director	1.00	Director	$0	$0	$0
Caroline Wall	Director	1.00	Director	$0	$0	$0
Bob Curry	Director	1.00	Director	$0	$0	$0
Vance Victor	Treasurer	1.00	Officer Director	$0	$0	$0
Crystal Holder	Director	1.00	Director	$0	$0	$0
Danny Williams Sr	Director	1.00	Director	$0	$0	$0
Elena Phan	Director	1.00	Director	$0	$0	$0
Kristopher Dobbins	Director	1.00	Director	$0	$0	$0
Arna Erazo	Director	1.00	Director	$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	No data	No data	No data	No data
2023	$2,210,889	$2,145,387	$3,159,529	$65,502
2022	$2,375,076	$1,866,888	$2,861,935	$508,188
2021	$1,968,542	$1,726,046	$2,411,479	$242,496
2020	$1,761,334	$1,545,924	$2,224,008	$215,410
2019	$1,562,739	$1,386,948	$1,689,856	$175,791
2018	$1,358,582	$1,278,615	$1,406,558	$79,967