THE RELIEF ASSOCIATION INC (EIN 232041283) - 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

1987

Legal Domicile

Principal Officer

DENISE GARMAN

Phone

7177717089

Tax Period

2020-04-01 to 2021-01-31

THE RELIEF ASSOCIATION INC, founded in 1987, is a micro nonprofit that reported $1K in total revenue in fiscal year 2020. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 5874% operating deficit.

Mission

TO PROVIDE SICKNESS, DISABILITY, DEATH AND HOSPITAL CONFINEMENT BENEFITS TO MEMBERS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,052

Other Revenue $0

TOTAL REVENUE $1,052

Expense Breakdown

Grants Paid $47,802

Salaries & Benefits $7,025

Fundraising Expenses $0

Program Expenses $47,892

Other Expenses $7,931

TOTAL EXPENSES $62,848

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,052	$5,868	-0.8%
Expenses	$62,848	$19,981	+2.1%
Net Income	$-61,796	$-14,113	+3.4%

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

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

$6,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE GARMAN	PRESIDENT	2.50	Officer	$1,200	$0	$1,200
MELISSA BOYD	VICE PRESIDENT	1.50	Officer	$0	$0	$0
EILEEN RUTHERFORD	SECRETARY	1.50	Officer	$1,200	$0	$1,200
JANA LIGHTNER	TREASURER	4.50	Officer	$2,000	$0	$2,000
CINDY BOYCE	CLAIMS ADMIN	4.50	Officer	$2,000	$0	$2,000
LEE NESBIT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN CHAPMAN	DIRECTOR	1.00	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
2021	$1,052	$62,848	No data	$-61,796
2020	$5,868	$19,981	$64,307	$-14,113
2019	$971	$19,755	$78,447	$-18,784

THE RELIEF ASSOCIATION INC