RICHMOND COMMUNITY SERVICES FOUNDATION INC (EIN 113530264) - 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

1999

Legal Domicile

Principal Officer

STANOJKA LIPOVAC

Phone

9144714100

Tax Period

2023-01-01 to 2023-12-31

RICHMOND COMMUNITY SERVICES FOUNDATION INC, founded in 1999, is a small nonprofit in the Health Care sector that reported $281K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $45K, a strong 16% operating margin.

Mission

RICHMOND COMMUNITY SERVICES, FOUNDATION, INC. PROMOTES AND SUPPORTS MISSIONS OF ITS AFFILIATED ORGANIZATION, RICHMOND CHILDREN'S CENTER, INC. (D/B/A RICHMOND COMMUNITY SERVICES).

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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 $275,049

Program Service Revenue $0

Investment Income $43,817

Other Revenue $-37,621

TOTAL REVENUE $281,245

Expense Breakdown

Grants Paid $130,037

Salaries & Benefits $0

Fundraising Expenses $3,802

Program Expenses $130,037

Other Expenses $105,743

TOTAL EXPENSES $235,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$281,245	$259,027	+0.1%
Expenses	$235,780	$228,753	+0.0%
Net Income	$45,465	$30,274	+0.5%

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

N/A

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

$747,549

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL BARON	BOARD MEMBER	1.00	Director	$0	$0	$0
RAVI SARMA	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVEN SCHOTTENFELD	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN GOLDMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRI SCHOTTENFELD	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW KAPLAN	VP FINANCE/CFO	1.00	Officer	$0	$51,609	$307,680
STANOJKA LIPOVAC	PRESIDENT/CEO	1.00	Officer	$0	$64,303	$439,869

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	$281,245	$235,780	$1,741,693	$45,465
2022	$259,027	$228,753	$1,545,097	$30,274
2021	$507,577	$222,789	$1,955,554	$284,788
2020	$420,743	$405,540	$1,576,720	$15,203
2019	$293,182	$253,841	$1,312,764	$39,341
2018	$276,065	$184,300	$1,126,048	$91,765

RICHMOND COMMUNITY SERVICES FOUNDATION INC