Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
6 people listed on the 990; $71K paid to officers and key staff.
Alikhadar Yusuf’s $71K as Executive Director is at the 48th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Empowers communities with financial literacy, business growth, and homeownership for sustainable change.
Questions for Center for Community Resources
Your first name shows with your question. Center for Community Resources answers here, for everyone.
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Financial Literacy The Financial Education and Coaching program is designed to increase the financial knowledge and skills of low-income households to help hem successfully navigate the mainstream financial services sector.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $16K | |
| Total assetsLn 16 | $0 | $16K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $0 | $16K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $71K | $64K | $7K | |
| Other salaries and wagesLn 7 | $149K | $149K | ||
| Payroll taxesLn 10 | $24K | $24K | ||
| Management feesLn 11a | $8K | $8K | ||
| Advertising and promotionLn 12 | $1K | $1K | ||
| Office expensesLn 13 | $9K | $9K | ||
| OccupancyLn 16 | $9K | $9K | ||
| Conferences, conventions and meetingsLn 19 | $2K | $2K | ||
| InsuranceLn 23 | $700 | $700 | ||
| Other expenses (24a–d)Ln 24 | $63K | $63K | ||
| Total functional expensesLn 25 | $337K | $322K | $15K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $338K | $337K | $1K | $16K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $338,049 revenue, 12 lines filed
Part VI · Governance 0 of 5 board members independent, 3 to look at
Part VIII · Statement of revenue $338,049 across 4 lines filed
Part IX · Statement of functional expenses $336,917 across 10 lines filed
Part X · Balance sheet $16,268 assets, 6 lines filed
Part XI · Reconciliation of net assets $16,268 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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