RELIANT FOUNDATION INC (EIN 222912515) - 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

1988

Legal Domicile

Principal Officer

KELSA ZERESKI

Phone

5082314673

Tax Period

2024-01-01 to 2024-12-31

RELIANT FOUNDATION INC, founded in 1988, is a community nonprofit in the Medical Research sector that reported $2.5M in total revenue in fiscal year 2024. Revenue surged 261% from the prior year, signaling strong growth momentum. The organization ran a surplus of $854K, a strong 34% operating margin.

Mission

TO IMPROVE THE HEALTH AND WELL-BEING OF INDIVIDUALS OF ALL AGES IN THE CENTRAL AND METROWEST REGIONS OF MASSACHUSETTS.

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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 $108,985

Program Service Revenue $0

Investment Income $2,344,745

Other Revenue $57,505

TOTAL REVENUE $2,511,235

Expense Breakdown

Grants Paid $1,000,000

Salaries & Benefits $340,373

Fundraising Expenses $108,708

Program Expenses $1,000,000

Other Expenses $316,827

TOTAL EXPENSES $1,657,200

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,511,235	$695,207	+2.6%
Expenses	$1,657,200	$1,511,886	+0.1%
Net Income	$854,035	$-816,679	-2.0%

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

$158,568

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN ANDREOLI	TRUSTEE	1.00	Director	$0	$0	$0
ELIZABETH DEGRUSH DO	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT KLUGMAN MD	TRUSTEE	1.00	Director	$0	$0	$0
MARIANNE E FELICE MD	TRUSTEE	1.00	Director	$0	$0	$0
JOSHUA M GREENBERG MD	VICE BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MARIA T PAUL	TREASURER	1.00	Officer Director	$0	$0	$0
KRISTINE BOSTEK	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
KATHARINE BARNARD MD	CLERK	1.00	Officer Director	$0	$0	$0
ALLISON BECKLER	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW MADIGAN	TRUSTEE	1.00	Director	$0	$0	$0
TARA RIVERA	TRUSTEE	1.00	Director	$0	$0	$0
SANJAY SHAH	TRUSTEE	1.00	Director	$0	$0	$0
NAOMI SLEEPER	TRUSTEE	1.00	Director	$0	$0	$0
TIFFANY A MOORE SIMAS MD	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL DIPIERRO	TRUSTEE EMERITI	1.00	Director	$0	$0	$0
ELIZABETH LB GREENE ESQ	TRUSTEE EMERITI	1.00	Director	$0	$0	$0
THOMAS J SULLIVAN	TRUSTEE EMERITI	1.00	Director	$0	$0	$0
KELSA ZERESKI	PRESIDENT	40.00	Officer	$148,460	$10,108	$158,568

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	$2,511,235	$1,657,200	$28,966,830	$854,035
2023	$695,207	$1,511,886	$27,900,604	$-816,679
2022	$445,034	$1,508,474	$26,075,195	$-1,063,440
2021	$1,697,308	$1,398,349	$31,984,712	$298,959
2020	$341,415	$1,311,431	$30,609,784	$-970,016
2019	$10,620,867	$1,255,137	$30,071,465	$9,365,730
2018	$14,276,317	$1,056,687	$18,161,635	$13,219,630

RELIANT FOUNDATION INC