Nonprofit · EIN 20-3788598
COMMUNITY FINANCIAL RESOURCES
Also known as LEIMBACH LAUREN
Tax-exempt · OAKLAND, CA 94607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $785,438 | $1,294,118 | -$508,680 | $3,518,526 | $2,394,443 | $1,124,083 |
| December 31, 2023 | 990 | $1,015,485 | $1,026,679 | -$11,194 | $4,054,828 | $2,422,065 | $1,632,763 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $319,569
- of which government grants
- $71,249
- Program service revenue
- $453,450
- Investment income
- $12,419
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $73,452
- Compensation of officers, directors and key employees
- $147,559
- Other salaries and wages
- $693,245
- Salaries, compensation and benefits (total)
- $928,949
- Professional fundraising fees
- $22,503
- Accounting fees
- $6,390
- Travel
- $7,746
- Depreciation
- $83,797
- Program services (functional)
- $1,076,758
- Management and general (functional)
- $163,668
- Fundraising (functional)
- $53,692
Balance sheet and other
- Total assets, start of year
- $4,054,828
- Total assets, end of year
- $3,518,526
- Total liabilities, end of year
- $2,394,443
- Net assets, end of year
- $1,124,083
- Land, buildings and equipment
- $96,926
- Publicly traded securities
- $224,274
- Net assets without donor restrictions
- $989,083
- Net assets with donor restrictions
- $135,000
- Gross receipts
- $785,438
- Employees
- 9
- Volunteers
- 6
- Year formed
- 2005
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Parisa Esmaili | Executive Dir. Trustee or director, Officer | 40 | $142,418 | $5,141 |
| Carol Iascone | Operations Manager | 40 | $111,760 | $7,660 |
| Cynthini West | CFO Officer | 40 | $100,294 | $0 |
| Beadsie Woo | President Trustee or director, Officer | 2 | $0 | $0 |
| Kendall Baker | Sec/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Lauren Leimbach | Founder & Board Trustee or director | 1 | $0 | $0 |
| Rebeca Rangel | Board Member Trustee or director | 1 | $0 | $0 |
| Lydia Bustamante | Board Member Trustee or director | 1 | $0 | $0 |
| Suwandi Tandjung | Board Member Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Parisa Esmaili | Executive Dir. Trustee or director, Officer | 40 | $139,913 | $0 |
| Carol Iascone | Director of Ops | 40 | $103,887 | $12,797 |
| Cynthini West | CFO Officer | 40 | $50,400 | $0 |
| Beadsie Woo | President Trustee or director, Officer | 1 | $0 | $0 |
| Kendall Baker | Sec/Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| David Derryck | President Trustee or director, Officer | 1 | $0 | $0 |
| Pat Krakov | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Suwandi TandJuandi | Board Member Trustee or director | 1 | $0 | $0 |
| Lauren Leimbach | Board Member Trustee or director | 1 | $0 | $0 |
| Lydia Bustamante | Board Member Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 248 3RD ST STE 901-PMB 1007, OAKLAND, CA 94607-4375
- Principal officer (990 for 2024)
- Parisa Esmaili, 248 3rd St Suite 901-1007, Oakland, CA 94607
- Signed the 990
- Parisa Esmaili, Executive Dir.
- Phone
- (917) 601-1377
- Return prepared by
- Crosby & Kaneda CPAs LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 20-3788598 or by the name COMMUNITY FINANCIAL RESOURCES.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
CFR provides pathways to financial well-being and economic justice with safe and reliable financial products for low-wealth communities.
Program accomplishments
- 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.Expenses $969,611 · grants $73,452 · revenue $221,802
- 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.Expenses $107,147 · revenue $231,648
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-3788598
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W05)
- Assets (IRS master file)
- $3,518,526
- Income (IRS master file)
- $785,438
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $785,438 | $1,294,118 | $3,518,526 | XML |
| 990 | December 2023 | $1,015,485 | $1,026,679 | $4,054,828 | XML |
| 990 | December 2022 | $1,083,185 | $651,375 | $5,378,662 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3788598).
Questions about COMMUNITY FINANCIAL RESOURCES
- What is the EIN of COMMUNITY FINANCIAL RESOURCES?
- The employer identification number (EIN) of COMMUNITY FINANCIAL RESOURCES is 20-3788598.
- Is COMMUNITY FINANCIAL RESOURCES tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to COMMUNITY FINANCIAL RESOURCES tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITY FINANCIAL RESOURCES file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of COMMUNITY FINANCIAL RESOURCES due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITY FINANCIAL RESOURCES last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITY FINANCIAL RESOURCES?
- The 990 for the year ended December 31, 2024 names Parisa Esmaili.
- Who are the officers and directors of COMMUNITY FINANCIAL RESOURCES?
- The 990 for the year ended December 31, 2024 lists 9 people; 3 received compensation from the organization, the highest $142,418 (Parisa Esmaili, Executive Dir.).
- How much revenue does COMMUNITY FINANCIAL RESOURCES have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $785,438, expenses of $1,294,118 and total assets of $3,518,526 at year end.
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