CR RESOURCE CENTER INC (EIN 851473761) - 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

2020

Legal Domicile

Principal Officer

CARL V NICHOLS

Phone

9102698227

Tax Period

2024-07-01 to 2024-12-31

CR RESOURCE CENTER INC, founded in 2020, is a community nonprofit in the Human Services sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $719K, a strong 36% operating margin.

Mission

Providing healthy food delivery to disadvantaged minority families and seniors. Also providing nutrition counseling and parenting classes.

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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 $0

Program Service Revenue $1,970,166

Investment Income $0

Other Revenue $10,167

TOTAL REVENUE $1,980,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,675

Fundraising Expenses $0

Other Expenses $1,059,385

TOTAL EXPENSES $1,261,060

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,980,333	$2,702,345	-0.3%
Expenses	$1,261,060	$1,180,706	+0.1%
Net Income	$719,273	$1,521,639	-0.5%

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

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

Total Directors

$117,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARL NICHOLS	EXECUTIVE DIRECTOR	60	Director	$62,000	$0	$62,000
WANDA RENEE NICHOLS	PROGRAM COORDINATOR	60	Director	$55,700	$0	$55,700
CINDY BRICKLE	CHAIRMAN	10	Director	$0	$0	$0
JOANN FREEMAN	BOARD MEMBER	10	Director	$0	$0	$0
CHRIS DECKARD	BOARD MEMBER	10	Director	$0	$0	$0
TAMMY BROOKS	BOARD MEMBER	10	Director	$0	$0	$0
BRIAN WADDELL	BOARD MEMBER	10	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	$2,702,345	$1,180,706	$1,814,347	$1,521,639
2024	$1,980,333	$1,261,060	$2,127,698	$719,273
2023	$563,958	$237,676	$338,429	$326,282

CR RESOURCE CENTER INC