Southern Regional Resource Center Srrc
Nonprofit profile at a glance
- EIN
- 330402867
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Chula Vista, CA, USA
- Phone
- 8582684432
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Patient Services - Entertainment, Recreation
Reported finances
- Revenue
- $6,061,705
- Expenses
- $6,325,061
- Assets
- $2,413,503
- Liabilities
- $657,726
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- ROBERTO VELASQUEZ (President & CEO)
- ALISON SORLEY ATWOOD (board president)
Highest reported compensation
- ROBERTO VELASQUEZ (President & CEO): $300,394 total reported compensation
- CATHERINE RACHEL BARNES (CFO): $235,368 total reported compensation
- MARTHA RANON (EXECUTIVE VP): $147,939 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support brain-impaired adults, their families and caregivers, and older adults in California.
What it reported doing in 2024
Services for caregivers of adults with brain impairments including: information and referrals, counseling, family consultation, long term planning, education and training, respite services, and support to adults with brain impairments at community-based residential facilities (additional information is available upon request).
Operating model
- Revenue model
- Grant-funded. 80% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 93
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 95
- Program expense ratio: 91.5%; rating input score 92
- Fundraising efficiency: $103.82 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -4.3%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 12.4%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 12.1% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 10.9% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 42nd percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 91.5% of spending went to programs
- Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $5.8M in reported program spending
- Leadership: top reported pay $300K · 11 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $173K reported
- Consistency: 25 of 26 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 21/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 24/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.