Kommunity Kares Inc (EIN 852523452) - 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

Kirk Johnson

Phone

6097065027

Tax Period

2024-01-01 to 2024-12-31

Kommunity Kares Inc, founded in 2020, is a small nonprofit in the Mental Health sector that reported $289K in total revenue in fiscal year 2024. Expenses of $321K exceeded revenue, resulting in a 11% operating deficit.

Mission

Kommunity Kares is a transitional reentry housing program. Our organization specializes in working with the NJ State Parole Board and various community resource centers to help reduce recidivism rates in the state of New Jersey. Our primary role and commitment to this goal is to provide housing and have beds that are readily available to those people returning home, on parole, and in need of an immediate housing placement.

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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 $285,663

Program Service Revenue $2,985

Investment Income $0

Other Revenue $0

TOTAL REVENUE $288,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $281,063

Fundraising Expenses $22,108

Program Expenses $254,357

Other Expenses $40,057

TOTAL EXPENSES $321,120

Year-over-Year Comparison

	2024	2023	Change
Revenue	$288,648	$269,903	+0.1%
Expenses	$321,120	$216,522	+0.5%
Net Income	$-32,472	$53,381	-1.6%

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

Governance

Voting Members

Independent Members

Employees

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

$221,080

Total Directors

$221,080

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kirk Johnson	President	40.00	Officer Director	$221,080	$0	$221,080
Karles Johnson	CEO	40.00	Officer Director	$0	$0	$0
Vivian Coley	Treasurer	1.00	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	$288,648	$321,120	$12,606	$-32,472
2023	$269,903	$216,522	$36,232	$53,381

Kommunity Kares Inc