Community Resources Foundation

EIN: 911833161 501(c)(3) Human Services

Stanwood, WA

Total Revenue
$711,920
Total Expenses
$780,286
Total Assets
$2,342,954
Net Assets
$1,953,253
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
WA
Principal Officer
Mary Bredereck
Phone
3606295257
Tax Period
2023-01-01 to 2023-12-31

Community Resources Foundation, founded in 1997, is a small nonprofit in the Human Services sector that reported $712K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Net assets of $2.0M represent 33 months of operating reserves.

Mission

Community Resource Foundation dba Community Resource Center of Stanwood-Camano (CRC) is a Washington nonprofit corporation that acquires and distributes resources to the community. CRC's mission is to build a healthier and stronger community through positive relationships, education, programs, and support services. CRC envisions a thriving and connected community, one in which all members experience enriched and empowered lives. CRC works toward a community where all of its members feel they can belong; one in which everyone has a chance to both contribute and receive; a community where everyone can feel fulfilled by their involvement.

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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 $702,801
Program Service Revenue $0
Investment Income $25,890
Other Revenue $-16,771
TOTAL REVENUE $711,920

Expense Breakdown

Grants Paid $82,929
Salaries & Benefits $464,863
Fundraising Expenses $19,635
Program Expenses $650,125
Other Expenses $232,494
TOTAL EXPENSES $780,286

Year-over-Year Comparison

2023 2022 Change
Revenue $711,920 $920,300 -0.2%
Expenses $780,286 $718,597 +0.1%
Net Income $-68,366 $201,703 -1.3%
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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Governance

Voting Members
7
Independent Members
7
Employees
11
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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kris Voelckers President 8.00
Officer Director
$0 $0 $0
Cheryl Combest Treasurer 16.00
Officer Director
$0 $0 $0
Tasha Branch Vice President 12.00
Officer Director
$0 $0 $0
Katy Casey Director 10.00
Director
$0 $0 $0
Ryan Ovenell Director 6.00
Director
$0 $0 $0
Kim Williams Secretary 18.00
Officer Director
$0 $0 $0
Brooke Knight Director 12.00
Director
$0 $0 $0
Andrea White Director 4.00
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 No data No data No data No data
2023 $711,920 $780,286 $2,342,954 $-68,366
2022 $920,300 $718,597 $2,044,242 $201,703
2021 $842,057 $869,378 $1,850,904 $-27,321
2020 $851,851 $770,043 $1,955,589 $81,808
2019 $337,159 $463,058 $2,020,544 $-125,899
2018 $384,741 $289,177 $2,127,553 $95,564
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