RENNIE HARRIS PUREMOVEMENT (EIN 232842844) - 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

1992

Legal Domicile

Phone

2674553022

Tax Period

2024-09-01 to 2025-08-31

RENNIE HARRIS PUREMOVEMENT, founded in 1992, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 168% from the prior year, signaling strong growth momentum. The organization ran a surplus of $863K, a strong 57% operating margin.

Mission

RENNIE HARRIS PUREMOVEMENT (RHPM) IS DEDICATED TO PRESERVING AND DISSEMINATING HIP-HOP CULTURE THROUGH WORKSHOPS, CLASSES, HIP-HOP HISTORY LECTURE DEMONSTRATIONS, LONG-TERM RESIDENCIES, MENTORING PROGRAMS AND PUBLIC PERFORMANCES.

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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 $1,180,000

Program Service Revenue $341,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,521,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $658,743

Other Expenses $658,743

TOTAL EXPENSES $658,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,521,500	$568,184	+1.7%
Expenses	$658,743	$671,143	0.0%
Net Income	$862,757	$-102,959	-9.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY HILL	BOARD CHAIR	15.00	Director	$0	$0	$0
LORENZO HARRIS	FOUNDER/DIRECTR	15.00	Director	$0	$0	$0
WILLIAM HARRIS	BOARD CHAIR	5.00	Director	$0	$0	$0
TAKAD HARRIS	BOARD CHAIR	5.00	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
2025	$1,521,500	$658,743	$1,144,798	$862,757
2024	$568,184	$671,143	$282,041	$-102,959
2023	$907,573	$873,061	$385,000	$34,512
2022	$1,059,062	$774,430	$350,488	$284,632
2020	$243,160	$252,330	$7,965	$-9,170

RENNIE HARRIS PUREMOVEMENT