Total Resource Community Dev Organ

Nonprofit profile at a glance

EIN
582590693
IRS 990 coverage
2011–2022
Forms available
Form 990 2022
Location
Chicago, IL, USA
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$393,108
Expenses
$411,190
Assets
$114,291
Liabilities
$202,828

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Paris Davis (Executive Director)

Highest reported compensation

  • Paris Davis (Executive Director): $64,600 total reported compensation
  • Lynn Munson (Treasurer): $21,750 total reported compensation
  • Simon Gordon (Chairman): $3,210 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The primary purpose of the Organization is to provide and facilitate life changing services that meet the needs of individuals, families, communities, and businesses; fulfilling their unique purposes by creating, nurturing, building, and maintaining functional partnerships.

What it reported doing in 2022

The Organization provides a safe environment for inner city youths during the summer, spring, and winter break timeframes. We partner with Catholic charities, afterschool Matters, and the community high schools to provide an eight week Music appreciation Program. This program includes providing free meals, and instruments instructions sheets in the areas of skill development, anger management, music appreciation, and safe practices. Each of the 35 youths in attendance also received a stipend of $750.00 directly from the Afterschool Matters agency for participating in the program. Our Organization also provides an Energy Assistance Program that focusing on providing direct financial support assistance to the communities and families in need of natural gas, electricity, and weatherization.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 86
  • Sustainability: 21
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.2%; rating input score 93
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • 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: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.6%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 0.28; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 1.77; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 21.8%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 4.7% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 7.5% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 93.2% of revenue deployed · 89.1% of spending went to programs
  • Governance: 5 of 5 board members independent · 6 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $366K in reported program spending
  • Leadership: top reported pay $65K · 5 people listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 11 filing years from 2011 to 2022
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.