REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM INC (EIN 141493667) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1965

Legal Domicile

Principal Officer

CHARLES QUINN

Phone

8453423978

Tax Period

2024-03-01 to 2025-02-28

REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM INC, founded in 1965, is a mid-sized nonprofit in the Human Services sector that reported $12.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO MOBILIZE AND COORDINATE PUBLIC AND PRIVATE RESOURCES TO ADDRESS THE BASIC NEEDS OF LOW-INCOME PEOPLE AND ASSIST THEM IN ATTAINING THE SKILLS, KNOWLEDGE, MOTIVATION AND OPPORTUNITIES NEEDED TO BECOME ECONOMICALLY SELF-SUFFICIENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,607,078

Program Service Revenue $2,150,761

Investment Income $15,969

Other Revenue $13,669

TOTAL REVENUE $12,787,477

Expense Breakdown

Grants Paid $1,085,271

Salaries & Benefits $7,371,953

Fundraising Expenses $0

Program Expenses $12,136,180

Other Expenses $4,266,547

TOTAL EXPENSES $12,723,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,787,477	$11,080,613	+0.2%
Expenses	$12,723,771	$11,171,267	+0.1%
Net Income	$63,706	$-90,654	-1.7%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

167

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

$340,010

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEAN SEXTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIURKA HIDALGO	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA CLAIBORNE	2ND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELLE F RIDER	TREASURER THRU 05/24	1.00	Officer Director	$0	$0	$0
KARL ENKLER	SECRETARY	1.00	Officer Director	$0	$0	$0
HORACE BELTON	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT CRESCENZO	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY GRICE	DIRECTOR	1.00	Director	$0	$0	$0
ALYSSA MARCHINEK	DIRECTOR	1.00	Director	$0	$0	$0
JUANA ROBERTS-CURRIE	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA TERWILIGER	DIRECTOR	1.00	Director	$0	$0	$0
JOYA GAMBINO	CHIEF FINANCIAL OFFICER	35.00	Officer	$107,274	$8,596	$115,870
MICHELE MCKEON	CHIEF OPERATING OFFICER	35.00	Officer	$104,756	$8,681	$113,437
CHARLES QUINN	CHIEF EXECUTIVE OFFICER	35.00	Officer	$89,022	$21,681	$110,703
HEATHER DECKER	SR. DIR. EARLY CHILDHOOD DEVELOPMENT	35.00	Highest	$101,192	$223	$101,415

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
2025	$12,787,477	$12,723,771	$10,165,564	$63,706
2024	$11,080,613	$11,171,267	$9,211,747	$-90,654
2023	$10,881,979	$10,920,392	$8,659,430	$-38,413
2022	$10,045,474	$9,473,240	$9,104,241	$572,234
2021	$10,273,663	$9,369,675	$8,718,911	$903,988
2020	$9,532,417	$9,813,286	$7,706,701	$-280,869
2019	$8,766,024	$9,151,315	$7,881,686	$-385,291
2018	$8,710,203	$8,211,387	$8,514,227	$498,816

REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM INC