NATIONAL COLLEGE RESOURCES FOUNDATION

EIN: 861120719 501(c)(3) Education

Walnut, CA

Total Revenue
$6,953,930
Total Expenses
$7,218,024
Total Assets
$1,786,805
Net Assets
$-114,957
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CA
Principal Officer
THERESA PRICE
Phone
8774274100
Tax Period
2024-01-01 to 2024-12-31

NATIONAL COLLEGE RESOURCES FOUNDATION, founded in 2005, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2024.

Mission

Provide education support services, scholarships and financial assistance for at risk, low resource, homeless and foster students.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,104,557
Program Service Revenue $5,847,932
Investment Income $5
Other Revenue $1,436
TOTAL REVENUE $6,953,930

Expense Breakdown

Grants Paid $263,043
Salaries & Benefits $3,504,664
Fundraising Expenses $35,855
Program Expenses $7,182,169
Other Expenses $3,450,317
TOTAL EXPENSES $7,218,024

Year-over-Year Comparison

2024 2023 Change
Revenue $6,953,930 $6,468,404 +0.1%
Expenses $7,218,024 $7,389,562 0.0%
Net Income $-264,094 $-921,158 -0.7%
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
12
Independent Members
11
Employees
174
Volunteers
50

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
1
$189,820
Total Directors
13
$312,014
Key Employees
2
$312,014
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Corey Price Vice President, CAP Enterprises 40.00
Director Key Emp
$122,194 $0 $122,194
Ryan Anderson Board President 1.00
Director
$0 $0 $0
Veronica Kummerfeldt CEO, AAANIMO. LLC 1.00
Director
$0 $0 $0
Carmelo MarKray CEO, ON MY OWN INC 1.00
Director
$0 $0 $0
Chase Price FIREFIGHTER/FORMER PRO ATHLETE 1.00
Director
$0 $0 $0
Christopher Henry VP BATH & BODY WORKS 1.00
Director
$0 $0 $0
Gloria Ponce-Rodriguez Manager, COLLEGE AND CAREER READINESS 1.00
Director
$0 $0 $0
Vicki Tucker Accountanting Consultant 1.00
Director
$0 $0 $0
Ruben Torres Assistant VP, US BANK 1.00
Director
$0 $0 $0
Vanessa Ramos Manager, COMERICA BANK 1.00
Director
$0 $0 $0
Neal Verga CEO, Newport Printing Solutions 1.00
Director
$0 $0 $0
Dawn Yamazi VP Talent Recruitment, ILLUMINATION ENTERTAINMENT 1.00
Director
$0 $0 $0
THERESA A PRICE Founder/CEO 40.00
Officer Director Key Emp Highest
$189,820 $0 $189,820
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 $6,953,930 $7,218,024 $1,786,805 $-264,094
2023 $6,468,404 $7,389,562 $1,462,407 $-921,158
2022 $6,299,792 $5,850,147 $1,902,342 $449,645
2021 $4,429,099 $3,728,165 $1,509,386 $700,934
2021 $4,141,494 $3,398,292 $1,698,569 $743,202
2020 $2,299,184 $2,141,080 $875,202 $158,104
2019 $2,424,422 $2,705,064 $546,123 $-280,642
2018 $2,990,255 $2,946,129 $986,709 $44,126
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