Community Resources for Independent Living Inc (EIN 942598873) - 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

1979

Legal Domicile

Principal Officer

Michael Galvan

Phone

5108815743

Tax Period

2024-07-01 to 2025-06-30

Community Resources for Independent Living Inc, founded in 1979, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum.

Mission

Services to disabled persons

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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 $1,861,986

Program Service Revenue $163,116

Investment Income $25,810

Other Revenue $0

TOTAL REVENUE $2,050,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,418,419

Fundraising Expenses $0

Program Expenses $1,637,481

Other Expenses $600,806

TOTAL EXPENSES $2,019,225

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,050,912	$1,515,190	+0.4%
Expenses	$2,019,225	$1,335,414	+0.5%
Net Income	$31,687	$179,776	-0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Galvan	Former Executive Director	040.00	Highest	$105,572	$0	$105,572
Benjamin Chen	President	002.00	Officer Director	$0	$0	$0
Edymir Guerrero	Vice-President	002.00	Officer Director	$0	$0	$0
Betty Zhu	Secretary/Treasurer	002.00	Officer Director	$0	$0	$0
Michael Pham	Board Member at Large	002.00	Director	$0	$0	$0
Cecelia Fusich	Board Member	002.00	Director	$0	$0	$0
Randy Dana	Board Member	002.00	Director	$0	$0	$0
Katherine Hsiao	Board Member	002.00	Director	$0	$0	$0
Dorene Giacopini	Board Member	002.00	Director	$0	$0	$0
Marie Kayal	Board Member	002.00	Director	$0	$0	$0
John Bird	Board Member	002.00	Director	$0	$0	$0
Alejandra Hacker	Interim Executive Director	040.00	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
2025	$2,050,912	$2,019,225	$1,845,471	$31,687
2024	No data	No data	No data	No data
2023	$1,243,366	$1,102,830	$1,559,902	$140,536
2022	$1,261,071	$1,062,348	$1,349,284	$198,723
2021	$1,198,478	$1,064,964	$1,256,776	$133,514
2019	$842,902	$742,903	$1,373,026	$99,999
2018	$848,640	$717,344	$1,256,975	$131,296

Community Resources for Independent Living Inc