RUTHS WAY INC (EIN 202724398) - 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

2005

Legal Domicile

Principal Officer

ISIS L CHATMAN

Phone

4125731375

Tax Period

2024-01-01 to 2024-12-31

RUTHS WAY INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $201K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $249K exceeded revenue, resulting in a 24% operating deficit.

Mission

To empower adolescent females youth between the ages of 10-17 to realize their own voice and strength in their ability to control their own destinies and outcomes to achieve long-term success.

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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 (2024)

Revenue Breakdown

Contributions & Grants $194,969

Program Service Revenue $1,524

Investment Income $0

Other Revenue $4,906

TOTAL REVENUE $201,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,455

Fundraising Expenses $0

Program Expenses $13,982

Other Expenses $168,721

TOTAL EXPENSES $249,176

Year-over-Year Comparison

	2024	2023	Change
Revenue	$201,399	$398,477	-0.5%
Expenses	$249,176	$208,925	+0.2%
Net Income	$-47,777	$189,552	-1.3%

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

N/A

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

Total Directors

Key Employees

$50,719

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISIS L CHATMAN	EXECUTIVE DIRECTOR	40	Key Emp	$50,719	$0	$50,719
SHIRLEY B SLADE	PRESIDENT	1	Director	$0	$0	$0
DEVON GOETZE	TREASURER	4	Director	$0	$0	$0
VERNON CHATMAN	VICE PRESIDENT	4	Director	$0	$0	$0
DAMARA R CARTER	DIRECTOR	4	Director	$0	$0	$0
SUZANNE R WILLIAMS	DIRECTOR	4	Director	$0	$0	$0
TYREQUE M CALLOWAY	DIRECTOR	4	Director	$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	$201,399	$249,176	$263,767	$-47,777
2023	$398,476	$208,925	$314,712	$189,551
2023	$398,476	$208,925	$314,712	$189,551
2021	$201,936	$193,872	$231,729	$8,064
2019	$103,321	$80,674	$28,062	$22,647
2018	$80,160	$75,479	$5,095	$4,681

RUTHS WAY INC