CREATING A HEALTHY COMMUNITY RESOU… - Form 990 Financial Data

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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

2024

Legal Domicile

Principal Officer

HENRY THOMPSON

Phone

7189242254

Tax Period

2024-01-01 to 2024-12-31

CREATING A HEALTHY COMMUNITY RESOURCES FOUNDATION INC, founded in 2024, is a community nonprofit in the Health Care sector that reported $8.6M in total revenue in fiscal year 2024. The organization ran a surplus of $8.6M, a strong 100% operating margin.

Mission

THE CREATING A HEALTHY COMMUNITY RESOURCES FOUNDATION, INC. ("CHCR FOUNDATION") IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE FUNCTIONS AND TO CARRY OUT THE CHARITABLE PURPOSE OF COMMUNITY HEALTH CENTER OF RICHMOND ("CHCR").

Program Service Accomplishments

Program 1

Expenses: $25

THE DESIGN FOR THE PROPOSED UPGRADES INCLUDING PAINTING, FLOOR REPLACEMENT, AND LIGHT CONSTRUCTION AT 235 PORT RICHMOND AVENUE ARE IN PROGRESS. THE DESIGN FOR THE INTERIOR BUILD-OUT AND CONSTRUCTION RENOVATIONS TO ESTABLISH CHCR'S NEW WOMEN, INFANTS, AND CHILDREN ("WIC") CENTER ARE NEARING COMPLETION.

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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 $8,486,100

Program Service Revenue $0

Investment Income $99,046

Other Revenue $0

TOTAL REVENUE $8,585,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25

Other Expenses $25

TOTAL EXPENSES $25

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,585,146	N/A	N/A
Expenses	$25	N/A	N/A
Net Income	$8,585,121	$0	N/A

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

N/A

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

$854,597

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK DESANTIS JR CPA	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEMETRIUS CAROLINA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL CARR	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTINE HOLLIE	MEMBER	1.00	Director	$0	$0	$0
SHARON TURNAGE	MEMBER	1.00	Director	$0	$0	$0
HENRY THOMPSON	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$98,059	$509,982
BENITO LINDO	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$45,351	$344,615

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	$8,585,146	$25	$9,586,086	$8,585,121

CREATING A HEALTHY COMMUNITY RESOURCES FOUNDATION INC