THE FRANCES AND HENRY RIECKEN FOUNDATION INC (EIN 043500365) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

WILLIAM CARTWRIGHT

Phone

2024256227

Tax Period

2023-01-01 to 2023-12-31

THE FRANCES AND HENRY RIECKEN FOUNDATION INC, founded in 2000, is a small nonprofit in the Education sector that reported $796K in total revenue in fiscal year 2023. Expenses of $946K exceeded revenue, resulting in a 19% operating deficit.

Mission

WE OFFER CENTRAL AMERICANS HOPE AND THE OPPORTUNITY TO OVERCOME POVERTY BY PROMOTING DEMOCRACY AND PROSPERTIY THROUGH COMMUNITY LIBRARIES THAT SPARK A SPIRIT OF DISCOVERY AND FOSTER CITIZEN PARTICIPATION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $796,030

Program Service Revenue $0

Investment Income $331

Other Revenue $0

TOTAL REVENUE $796,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $311,071

Fundraising Expenses $93,361

Program Expenses $679,873

Other Expenses $635,183

TOTAL EXPENSES $946,254

Year-over-Year Comparison

	2023	2022	Change
Revenue	$796,361	$806,255	0.0%
Expenses	$946,254	$698,613	+0.4%
Net Income	$-149,893	$107,642	-2.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$96,640

Total Directors

$96,640

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADRIAN RIDNER	DIRECTOR	1.50	Director	$0	$0	$0
ALLEN ANDERSSON	SECRETARY	1.50	Officer Director	$0	$0	$0
DANIEL M BRADBURY	DIRECTOR	1.50	Director	$0	$0	$0
DIVANNY LAMAS	DIRECTOR	1.50	Director	$0	$0	$0
JIM WILSON	DIRECTOR	3.00	Officer Director	$0	$0	$0
JONATHAN HOFIUS	DIRECTOR	1.50	Director	$0	$0	$0
LIZ DAVILA	DIRECTOR	6.75	Director	$0	$0	$0
WILLIAM CARTWRIGHT	PRESIDENT & CEO	40.00	Officer Director	$62,167	$34,473	$96,640

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$796,361	$946,254	$193,762	$-149,893
2022	$806,255	$698,613	$364,574	$107,642
2021	$917,513	$814,838	$203,170	$102,675
2020	$371,901	$402,516	$117,036	$-30,615
2019	$457,377	$465,341	$136,956	$-7,964
2018	$497,395	$572,096	$141,578	$-74,701

THE FRANCES AND HENRY RIECKEN FOUNDATION INC