POC COLLABORATIVE COMMUNITY RESOURCE CENTER

EIN: 844615355 501(c)(3) Human Services

OMAHA, NE

Total Revenue
$434,975
Total Expenses
$993,712
Total Assets
$539,082
Net Assets
$396,335
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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
2020
Legal Domicile
NE
Principal Officer
KATRINA ADAMS
Phone
4023218428
Tax Period
2023-01-01 to 2023-12-31

POC COLLABORATIVE COMMUNITY RESOURCE CENTER, founded in 2020, is a small nonprofit in the Human Services sector that reported $435K in total revenue in fiscal year 2023. Revenue surged 123% from the prior year, signaling strong growth momentum. Expenses of $994K exceeded revenue, resulting in a 128% operating deficit.

Mission

TO SERVE AS A COLLABORATIVE HUB THAT ELEVATED BIPOC VOICES AND SUSTAINS ENTRPRENEURIAL INNOVATION, ACTIVATES COMMUNITY ASSETS, AND AMPLIFIES THE LEGACY OF OUR COMMUNITY; IN A WAY THAT INCREASES THE ECONOMIC STRENGTH AND MOBILITY OF MULTI-MARGINALIZED RESIDENTS AND BUSINESS LEADERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $434,961
Program Service Revenue $0
Investment Income $14
Other Revenue $0
TOTAL REVENUE $434,975

Expense Breakdown

Grants Paid $0
Salaries & Benefits $107,913
Fundraising Expenses $3,514
Program Expenses $82,136
Other Expenses $885,799
TOTAL EXPENSES $993,712

Year-over-Year Comparison

2023 2022 Change
Revenue $434,975 $194,789 +1.2%
Expenses $993,712 $347,921 +1.9%
Net Income $-558,737 $-153,132 +2.6%
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

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

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Governance

Voting Members
6
Independent Members
6
Employees
3
Volunteers
1

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
8
$65,000
Total Directors
0
$0
Key Employees
1
$65,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATRINA ADAMS EXECUTIVE DIRECTOR 40.00
Officer Key Emp
$65,000 $0 $65,000
MONIKI CANNON PRESIDENT 10.00
Officer
$0 $0 $0
MELINDA WILLAIMS TREASURER 10.00
Officer
$0 $0 $0
KARISSA JYLES OFFICER 10.00
Officer
$0 $0 $0
CHARITA DAILEY OFFICER 10.00
Officer
$0 $0 $0
AYANNA BOYKINS OFFICER 10.00
Officer
$0 $0 $0
TRISTIN TAYLOR OFFICER 10.00
Officer
$0 $0 $0
EDWARD WILLIAMS OFFICER 10.00
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
2024 No data No data No data No data
2023 $434,975 $993,712 $539,082 $-558,737
2022 $194,789 $347,921 $1,010,857 $-153,132
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