THE HUB RESOURCE CENTER INC (EIN 843793237) - 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

JONATHAN CARR

Phone

8176027654

Tax Period

2023-01-01 to 2023-12-31

THE HUB RESOURCE CENTER INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $45K in total revenue in fiscal year 2023. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $91K exceeded revenue, resulting in a 100% operating deficit.

Mission

THE HUB PROVIDES VEHICLE REPAIR AND REPLACEMENT TO LOW INCOME PERSONS, AND PROVIDES SUPPORT TO OTHER NONPROFIT ORGANIZATIONS.

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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 $45,439

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $45,439

Expense Breakdown

Grants Paid $52,736

Salaries & Benefits $26,863

Fundraising Expenses $4,971

Program Expenses $62,651

Other Expenses $11,074

TOTAL EXPENSES $90,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,439	$1,290,486	-1.0%
Expenses	$90,673	$1,290,486	-0.9%
Net Income	$-45,234	$0	N/A

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

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

$16,486

Total Directors

$16,486

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN CARR	PRESIDENT & SEC	1.00	Officer Director	$9,830	$6,656	$16,486
ELIZABETH CARR	TREASURER	0.25	Officer Director	$0	$0	$0
MARK CARR	VICE PRESIDENT	0.25	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
2023	$45,439	$90,673	$110,565	$-45,234
2022	$1,290,486	$1,290,486	$162,105	No data
2021	$1,876,955	$1,925,065	$516,500	$-48,110
2020	$1,595,712	$1,081,377	$516,654	$514,335

THE HUB RESOURCE CENTER INC