2025-07-16T14:56:55-07:00 2024-12-31 Crosby & Kaneda CPAs LLP 548 Market St PMB 97503 San Francisco CA 94104 990 2024-01-01 203788598 Community Financial Resources COMM 9176011377 248 3rd St Suite 901-1007 Oakland CA 94607 Parisa Esmaili Executive Dir. 2025-07-16 true true Felix Gorrindo P01658413 5108352727 2024 2025-03-06 01:10:19Z Parisa Esmaili 248 3rd St Suite 901-1007 Oakland CA 94607 785438 false X www.communityfinancialresources.net X 2005 CA 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. 6 5 9 6 0 645630 319569 357047 453450 12808 12419 0 1015485 785438 49500 73452 0 744318 928949 33187 22503 53692 199674 269214 1026679 1294118 -11194 -508680 4054828 3518526 2422065 2394443 1632763 1124083 CFR provides pathways to financial well-being and economic justice with safe and reliable financial products for low-wealth communities. false false 969611 73452 221802 Education: Community Financial Resources (CFR) provides pathways to financial well-being and economic justice with safe and reliable financial products for low-wealth communities. CFR continued our efforts in 2024 to achieve the following milestones: empowered 2,803 low-income, low-wealth participants to open bank accounts; over $21 million deposited on more than 8,276 accounts; partnered with 8 Payment Facilitation Programs nationwide, processing over $2.5M to 997 recipients, updated our product portal, both on the backend and frontend, as well as hiring new staff positions. 107147 231648 Guaranteed Income: CFR partnered with 20 Guaranteed Income programs nationwide, processing over $6.7 million to 1,098 participants, benefiting a diverse array of populations, including first-time moms, high school students, foster youth, artists, refugees escaping domestic violence, black youth, returning citizens, seniors, and families with young children. 1076758 true true false false false false false false false false true false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false false true 35 0 true 9 true false false false false false false false 0 false false false false false false false X 6 5 false false false false false false false true true false false true true true true false false true false false CA X Cindy West 9176011377 248 3rd St Suite 901-1007 Oakland CA 94619 Parisa Esmaili Executive Dir. 40.00 0.00 X X 142418 0 5141 Carol Iascone Operations Manager 40.00 0.00 111760 0 7660 Cynthini West CFO 40.00 0.00 X 100294 0 0 Beadsie Woo President 2.00 0.00 X X 0 0 0 Kendall Baker Sec/Treasurer 1.00 0.00 X X 0 0 0 Lauren Leimbach Founder & Board 1.00 0.00 X 0 0 0 Rebeca Rangel Board Member 1.00 0.00 X 0 0 0 Lydia Bustamante Board Member 1.00 0.00 X 0 0 0 Suwandi Tandjung Board Member 1.00 0.00 X 0 0 0 354472 12801 3 false false false 0 71249 248320 319569 Education programs 900099 221802 221802 Guarenteed income program 900099 231648 231648 453450 12419 12419 0 0 0 0 0 0 0 0 785438 453450 12419 73452 73452 0 0 0 147559 128377 13451 5731 0 693245 581308 90409 21528 0 27424 26858 566 60721 51032 7745 1944 0 0 6390 6390 0 22503 22503 0 5025 1912 3113 0 15590 5928 9350 312 67397 55941 10108 1348 0 0 7746 1284 6462 0 6990 55 6935 0 0 83797 83797 8862 8862 Participant Incentives 48952 48952 Dues, license & service fees 18465 17862 277 326 0 1294118 1076758 163668 53692 829684 184628 2930438 2963917 26000 22500 84733 23388 0 0 0 0 3250 2893 292877 195951 180723 96926 224274 0 0 0 0 4054828 3518526 52747 73743 2186463 2165723 182855 154977 2422065 2394443 X 1224780 989083 407983 135000 1632763 1124083 4054828 3518526 -508680 X true X false true false X 296864 937314 742947 645630 319569 2942324 0 0 296864 937314 742947 645630 319569 2942324 1268660 1673664 279 699 1426 12808 11838 27050 0 95 30 125 2969499 1456044 0.56360 0.59640 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 292877 195951 96926 96926 X X X true Herons Nest Consulting 254 Ridgeway Ave Oakland CA 94611 Grantwriting false 20546 Hayse Group Inc 1874 Brooktree Way Pleasanton CA 94566 Grantwriting false 15155 35701 CA true Catholic Charities Houma-Thib PO Box 505 2779 Highway 311 Schriever LA 70395 720812566 501c3 0 7000 FMV MOU Courageous Women Association 1714 Franklin St Ste 100-276 Oakland CA 94612 270851766 501c3 0 7000 FMV MOU East Oakland Collective 7800 Macarthur Blvd Oakland CA 94605 825096245 501c3 0 7000 FMV Service discount Grand Lake Theatrix Thea Assc 406 Oliver St St Marys OH 45885 261116061 501c3 0 7000 FMV MOU LA Sec Nat Council Jewish Wom 5350 Wilshire Blvd Ste 36849 Los Angeles CA 90036 951641433 501c3 6000 0 Moms Wellness Program Neighborhood Industries 1535 E Olive Ave Ste 101 Fresno CA 93728 743252737 501c3 0 7000 FMV MOU SFHSA 170 Otis St San Francisco CA 94103 943137786 Gov 0 7000 FMV MOU YWCA Duluth 32 E First St Duluth MN 55802 410696493 501c3 0 7000 FMV MOU 8 0 Grantmaker's Description of How Grants are Used All Grants are initiated and approved by the Executive Director in compliance with specific Program requirements. The CFO processes the payments once documentation is confirmed and approved. Form 990, Part VI, Section B, Line 11b Submittal Information is reviewed by Executive Director and CFO. Draft Information is reviewed by ED, CFR and CFR's Treasurer. All tax documents, including the 990 are given to each Board Member and also documented in the next board meeting. Form 990, Part VI, Section B, Line 12c A Conflict of Interest Form is requested annually. Form 990, Part VI, Section B, Line 15a Board Members approved the small cost of living increase for 2024 included in the Budget. Form 990, Part VI, Section C, Line 19 Upon request Pass-through activity - Form 990 Part VIII & Part IX In addition to the activity reflected in the financial statements, the Organization partners with other nonprofits and government funders to offer payment facilitation and no-fee prepaid debit cards to recipients of various benefit programs. Under these programs, the Organization, after determining the program meets its charitable objectives, may receive and disburse funds to charitable recipients based on instructions from program partners. As the Organization does not have variance authority over such funds, they are accounted for on a pass-through basis. A total of $7,322,427 was disbursed during the year ended December 31, 2024.