RESOURCES FOR COMMUNITY DEVELOPMENT (EIN 942952466) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

DAN SAWISLAK

Phone

5108414410

Tax Period

2023-07-01 to 2024-06-30

RESOURCES FOR COMMUNITY DEVELOPMENT, founded in 1984, is a mid-sized nonprofit that reported $23.3M in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $20.8M left a modest 11% surplus.

Mission

RESOURCES FOR COMMUNITY DEVELOPMENT CREATES AND PRESERVES AFFORDABLE HOUSING FOR PEOPLE WITH THE FEWEST OPTIONS, TO BUILD COMMUNITY AND ENRICH LIVES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,604,042

Program Service Revenue $7,062,940

Investment Income $606,729

Other Revenue $-3,801

TOTAL REVENUE $23,269,910

Expense Breakdown

Grants Paid $10,509,226

Salaries & Benefits $6,605,783

Fundraising Expenses $194,231

Program Expenses $18,350,386

Other Expenses $3,672,055

TOTAL EXPENSES $20,787,064

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,269,910	$33,974,979	-0.3%
Expenses	$20,787,064	$22,901,085	-0.1%
Net Income	$2,482,846	$11,073,894	-0.8%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$488,325

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARTISE HARDY	VICE CHAIR	0.30	Officer Director	$0	$0	$0
COURTNEY JONES	DIRECTOR-LEFT ON 10/18/23	0.10	Director	$0	$0	$0
DAVID TOM	DIRECTOR	0.20	Director	$0	$0	$0
DIANNA GARRETT	DIRECTOR-LEFT ON 10/18/23	0.20	Director	$0	$0	$0
RICHARD SHAPIRO	DIRECTOR	0.20	Director	$0	$0	$0
JANET KENNEDY	CHAIR	0.40	Officer Director	$0	$0	$0
KATTYE GILES	SECRETARY	0.30	Officer Director	$0	$0	$0
MARIAN WOLFE	DIRECTOR	0.30	Director	$0	$0	$0
PHILP PALMER	TREASURER	0.40	Officer Director	$0	$0	$0
SUSAN SHELTON	DIRECTOR-LEFT ON 10/18/23	0.30	Director	$0	$0	$0
WILLIE PHILLIPS	DIRECTOR	0.40	Director	$0	$0	$0
WILLIAM GOODWIN	DIRECTOR	0.00	Director	$0	$0	$0
DAN SAWISLAK	CEO	39.90	Officer	$225,019	$55,612	$280,631
ERIC KNECHT	CFO	40.00	Officer	$165,140	$42,554	$207,694
KATHERINE MCKEAN	CONTROLLER	40.00	Highest	$141,192	$14,690	$155,882
CAROLYN BOOKHART	DIRECTOR OF REAL ESTATE DEVEOPMENT	40.00	Highest	$194,647	$8,939	$203,586
NICK GRIFFIN	DIRECTOR OF ASSET MANAGEMENT	40.00	Highest	$130,901	$42,832	$173,733
DAN HARDY	DIRECTOR OF I.T.	40.00	Highest	$147,650	$22,170	$169,820
NICK CRANMER	ASSOCIATE DIRECTOR OF RED ACQ	40.00	Highest	$132,809	$30,188	$162,997

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	No data	No data	No data	No data
2024	$23,269,910	$20,787,064	$101,999,952	$2,482,846
2023	$33,974,979	$22,901,085	$105,128,932	$11,073,894
2021	$13,607,854	$9,831,007	$96,062,832	$3,776,847
2020	$6,994,658	$9,463,493	$93,266,557	$-2,468,835
2019	$15,641,528	$8,540,691	$90,703,823	$7,100,837
2018	$13,412,048	$7,646,194	$71,230,992	$5,765,854

RESOURCES FOR COMMUNITY DEVELOPMENT