RHEMA CORPORATION INC (EIN 208181446) - 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

2007

Legal Domicile

Principal Officer

Linda Gorham

Phone

9197381441

Tax Period

2025-01-01 to 2025-12-31

RHEMA CORPORATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $225K in total revenue in fiscal year 2025. Expenses of $218K left a modest 3% surplus.

Mission

Rhema Corporation is a faith-based organization school that services and benefits children from K-8 for approximately 15-34 students. The school uses Abeka Curricula for all classes.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $224,609

Investment Income $0

Other Revenue $0

TOTAL REVENUE $224,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $187,724

Fundraising Expenses $0

Program Expenses $156,925

Other Expenses $30,143

TOTAL EXPENSES $217,867

Year-over-Year Comparison

	2025	2024	Change
Revenue	$224,609	$209,118	+0.1%
Expenses	$217,867	$209,118	+0.0%
Net Income	$6,742	$0	N/A

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

N/A

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

$91,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Renita Cole	President	32.00	Officer	$45,500	$0	$45,500
Linda Gorham	Vice President	32.00	Officer	$45,500	$0	$45,500

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	$224,609	$217,867	$12,416	$6,742
2024	$209,118	$209,118	No data	No data

RHEMA CORPORATION INC