COLLATERAL RISK NETWORK INC (EIN 843493409) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Principal Officer

JOAN TRICE

Phone

5136591656

Tax Period

2024-01-01 to 2024-12-31

COLLATERAL RISK NETWORK INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $101K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $159K exceeded revenue, resulting in a 57% operating deficit.

Mission

THE MISSION OF THE COLLATERAL RISK NETWORK, INC IS TO INSTILL CONFIDENCE IN THE HOUSING MARKET BY CREATING AN ENVIRONMENT THAT PROMOTES SAFE AND SOUND COLLATERAL RISK PRACTICES, POLICIES AND PROCEDURES UNDER ALL ECONOMIC CONDITIONS. A VIBRANT HOUSING FINANCE SYSTEM IS AT ITS BEST WHEN IT WORKS FOR ALL STAKEHOLDERS.

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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 $101,276

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $101,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,281

Fundraising Expenses $0

Program Expenses $32,500

Other Expenses $92,160

TOTAL EXPENSES $159,441

Year-over-Year Comparison

	2024	2023	Change
Revenue	$101,276	$264,445	-0.6%
Expenses	$159,441	$275,868	-0.4%
Net Income	$-58,165	$-11,423	+4.1%

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

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

$62,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOAN TRICE	PRESDIENT	10.00	Officer	$62,500	$0	$62,500
KATHERINE OWEN UMPQUA BANK	BOARD MEMBER	N/A	Director	$0	$0	$0
KEN DICKS	BOARD MEMBER	N/A	Director	$0	$0	$0
KRISTINE HUGHES	SECRETARY	N/A	Officer Director	$0	$0	$0
CHRIS KNIGHT	BOARD MEMBER	N/A	Director	$0	$0	$0
WES MCDANIEL	TREASURER	N/A	Officer Director	$0	$0	$0
BOB SMITH	BOARD MEMBER	N/A	Director	$0	$0	$0
BRAD DAVIS MORGAN STANLEY	VICE PRESIDE	N/A	Officer 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	$101,276	$159,441	$142,617	$-58,165
2023	$264,445	$275,868	$174,139	$-11,423
2022	$350,932	$317,631	$234,278	$33,301
2021	$347,086	$304,225	$282,353	$42,861
2020	$277,358	$329,319	$193,291	$-51,961

COLLATERAL RISK NETWORK INC