Community Financial Resources

Organization Overview

Community Financial Resources is located in Oakland, CA. The organization was established in 2006. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Community Financial Resources employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Financial Resources is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Community Financial Resources generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $610.4k during the year ending 12/2021. While expenses have increased by 3.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CFR PROVIDES RESEARCH, EDUCATION, PROGRAM DEVELOPMENT AND TECHNICAL ASSISTANCE FOR NON-PROFIT ORGANIZATIONS AND THEIR LOW-INCOME CONSTITUENTS ON FINANCIAL LITERACY, MONEY MANAGEMENT, AND ACCESSING AND EFFECTIVELY USING LOW-COST FINANCIAL PRODUCTS AND SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CFR PROVIDES RESEARCH, EDUCATION, PROGRAM DEVELOPMENT AND TECHNICAL ASSISTANCE FOR NON-PROFIT ORGANIZATIONS AND THEIR LOW-INCOME CONSTITUENTS ON FINANCIAL LITERACY, MONEY MANAGEMENT, AND ACCESSING AND EFFECTIVELY USING LOW-COST FINANCIAL PRODUCTS AND SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Parisa Esmaili
Executive Dir.
$99,087
David Derryck
President
$0
Pat Krackov
Secretary
$0
Kendall Baker
Treasurer
$0
Lauren Leimbach
Director
$0
Craig Crockett
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$15,000
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $179,791
All other contributions, gifts, grants, and similar amounts not included above$742,523
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$937,314
Total Program Service Revenue$143,442
Investment income $699
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,081,485

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Community Financial Resources has recieved totaling $1,601,524.

Awarding OrganizationAmount
The Lieberman Family Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$699,268
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF FINANCIAL HEALTH

$450,000
Jp Morgan Chase Foundation

New York, NY

PURPOSE: IN SUPPORT OF FINANCIAL HEALTH

$300,000
S H Cowell Foundation

San Francisco, CA

PURPOSE: TO PARTNER WITH COMMUNITY-BASED ORGANIZATIONS IN SOUTHSIDE RICHMOND AND DELIVER A PROGRAM OF FINANCIAL EDUCATION AND SUPPORT FOR RESIDENTS AND FAMILIES TO ACCESS BANKING SERVICES, BUILD CREDIT, AND INCREASE SAVINGS.

$75,000
Stupski Foundation

San Francisco, CA

PURPOSE: TO PROVIDE EMERGENCY CASH ASSISTANCE TO UNDOCUMENTED STUDENTS AS A FORM OF INCENTIVE FOR LEGAL INTAKE SERVICES IN PARTNERSHIP WITH THE IMMIGRANTS RISING PROJECT OF COMMUNITY INITIATIVES.

$62,256
Comerica Charitable Foundation

Detroit, MI

PURPOSE: REBUILDING FROM COVID

$15,000
View Grant Recipient Profile

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