RICHMEIER THERAPEUTIC HOME INC

EIN: 204776946 501(c)(3) Human Services

TOLEDO, OH

Total Revenue
$2,300,285
Total Expenses
$2,312,150
Total Assets
$243,106
Net Assets
$126,438
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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
2006
Legal Domicile
OH
Principal Officer
LAURA RICHMEIER
Phone
4198827142
Tax Period
2024-07-01 to 2025-06-30

RICHMEIER THERAPEUTIC HOME INC, founded in 2006, is a community nonprofit in the Human Services sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

FOSTER CARE AND COUNSELING OF SIGNIFICANTLY ABUSED AND TROUBLED YOUTH

Program Service Accomplishments

Program 1
Expenses: $2,168,870 Revenue: $2,300,285

FOSTER CARE AND COUNSELING OF ABUSED AND TROUBLED YOUTH LICENSED BY THE STATE OF OHIO TO CARE FOR UP TO 15 MINOR MALES

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,300,138
Investment Income $4
Other Revenue $143
TOTAL REVENUE $2,300,285

Expense Breakdown

Grants Paid $0
Salaries & Benefits $828,277
Fundraising Expenses $0
Program Expenses $2,168,870
Other Expenses $1,483,873
TOTAL EXPENSES $2,312,150

Year-over-Year Comparison

2024 2023 Change
Revenue $2,300,285 $2,485,716 -0.1%
Expenses $2,312,150 $2,501,675 -0.1%
Net Income $-11,865 $-15,959 -0.3%
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

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Governance

Voting Members
2
Independent Members
2
Employees
19
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
2
$82,800
Total Directors
2
$82,800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA RICHMEIER SECRETARY TREASURER 40.00
Officer Director
$82,800 $0 $82,800
TIM RABARA PRESIDENT 2.00
Officer 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
2025 $2,300,285 $2,312,150 $243,106 $-11,865
2024 $2,485,716 $2,501,675 $328,918 $-15,959
2023 $2,326,083 $2,331,298 $186,283 $-5,215
2022 $2,110,659 $2,144,641 $200,616 $-33,982
2021 $2,419,805 $2,321,413 $194,330 $98,392
2020 $2,149,958 $2,127,850 $180,788 $22,108
2019 $1,528,261 $1,506,173 $140,736 $22,088
2018 $1,443,788 $1,423,884 $91,570 $19,904
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