RAANANAH PARK INC

EIN: 133929858

DURHAM, NC

Total Revenue
$297,262
Total Expenses
$336,198
Total Assets
$658,260
Net Assets
$590,010
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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
1937
Legal Domicile
NC
Principal Officer
HERB RYEN
Phone
2013071215
Tax Period
2023-11-01 to 2024-10-31

RAANANAH PARK INC, founded in 1937, is a small nonprofit that reported $297K in total revenue in fiscal year 2023. Expenses of $336K exceeded revenue, resulting in a 13% operating deficit.

Mission

SEASONAL COMMUNITY OPEN FOR PART OF YEAR FOR USE BY MEMBERS INCLUDING SHARED COMMON FACILITIES. ACTIVITIES CONSIST PRIMARILY OF CULTURAL,RECREATIONAL AND SOCIAL

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $297,262
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $297,262

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,382
Fundraising Expenses $0
Other Expenses $301,816
TOTAL EXPENSES $336,198

Year-over-Year Comparison

2023 2022 Change
Revenue $297,262 $294,785 +0.0%
Expenses $336,198 $300,743 +0.1%
Net Income $-38,936 $-5,958 +5.5%
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

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Governance

Voting Members
13
Independent Members
13
Employees
1
Volunteers
13

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL ZUCKERMAN PRESIDENT 15.00
Officer
$0 $0 $0
MARTIN EBER VP 5.00
Officer
$0 $0 $0
HERBERT RYEN TREASURER 15.00
Officer
$0 $0 $0
ELISE CAGAN SECRETARY 5.00
Officer
$0 $0 $0
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 $297,262 $336,198 $658,260 $-38,936
2023 $294,785 $300,743 $686,471 $-5,958
2022 $289,750 $310,757 $694,304 $-21,007
2021 $289,917 $313,096 $713,186 $-23,179
2020 $295,275 $313,017 $735,640 $-17,742
2019 $278,657 $288,138 $749,609 $-9,481
2018 $269,904 $281,739 $762,352 $-11,835
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