COLFAX COMMUNITY NETWORK 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

1999

Legal Domicile

Principal Officer

ROBERT DORSHIMER

Phone

7209750155

Tax Period

2025-01-01 to 2025-06-30

COLFAX COMMUNITY NETWORK INC, founded in 1999, is a small nonprofit in the Youth Development sector that reported $115K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $381K exceeded revenue, resulting in a 233% operating deficit.

Mission

TO ADVOCATE FOR AND WORK ON BEHALF OF FAMILIES AND CHILDREN RESIDING IN LOW-INCOME TRANSIENT HOUSING (PRIMARILY RESIDENTIAL MOTELS) ALONG COLFAX AVENUE. BY PROVIDING INFORMATION, SERVICES, AND PROGRAMS, WE STRENGTHEN AND IMPROVE FAMILY AND COMMUNITY LIFE.

Program Service Accomplishments

Program 1

Expenses: $310,801

COLFAX COMMUNITY NETWORK PROVIDES AFTER SCHOOL AND SUMMER PROGRAMS FOR YOUTH LIVING IN MOTELS AND LOW-INCOME HOUSING. THESE PROGRAMS INCLUDE TUTORING, FIELD TRIPS, ART PROJECTS, OUTDOOR CAMPING AND RECREATIONAL SUMMER CAMPS. OUTREACH AND DROP-IN SERVICES ARE ALSO PROVIDED TO MOTELRESIDING AND OTHER LOW-INCOME FAMILIES AND INDIVIDUALS, WHICH INCLUDE FOOD, RESOURCES, HYGIENE SUPPLIES, FAMILY NIGHTS WITH MEALS AND EDUCATION, AND A HOLIDAY PARTY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $114,514

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $114,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,884

Fundraising Expenses $11,127

Program Expenses $310,801

Other Expenses $256,581

TOTAL EXPENSES $381,465

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,514	$286,392	-0.6%
Expenses	$381,465	$760,226	-0.5%
Net Income	$-266,951	$-473,834	-0.4%

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

300

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

$341,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT DORSHIMER	CEO	8.00	Officer	$0	$20,807	$197,295
AMY HENDERSON	CFO	4.00	Officer	$0	$9,027	$144,051
SAM CORDOVANO	PRESIDENT	1.00	Officer Director	$0	$0	$0
NANCY SHEFFIELD	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
RODNEY BELLENDIR	TREASURER	1.00	Officer Director	$0	$0	$0
JULIA CONDOLORA	SECRETARY	1.00	Officer Director	$0	$0	$0
AMANDA SIMONTON	MEMBER	0.50	Director	$0	$0	$0
GARY ZIMMERMAN	MEMBER	0.50	Director	$0	$0	$0
SUE WILLIAMSON	MEMBER	0.50	Director	$0	$0	$0
EVA HENRY	MEMBER	0.50	Director	$0	$0	$0
ALISON COOMBS	MEMBER	0.50	Director	$0	$0	$0
CHRISTOPHER ZALESKI	MEMBER	0.50	Director	$0	$0	$0
MIMI CASTELO	MEMBER	0.50	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
2025	$114,514	$381,465	$3,397,978	$-266,951
2024	$286,392	$760,226	$3,377,512	$-473,834
2023	$1,344,562	$689,207	$3,622,445	$655,355
2022	$2,340,839	$402,219	$2,322,388	$1,938,620
2021	$327,505	$419,801	$311,555	$-92,296
2020	$507,193	$364,038	$701,493	$143,155
2019	$295,707	$348,270	$230,078	$-52,563
2018	$285,861	$276,486	$339,434	$9,375