RHONEYMEADE INC (EIN 251592379) - 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

1998

Legal Domicile

Principal Officer

JAMES LESHER

Phone

8145712401

Tax Period

2023-01-01 to 2023-12-31

RHONEYMEADE INC, founded in 1998, is a micro nonprofit that reported $73K in total revenue in fiscal year 2023. Expenses of $83K exceeded revenue, resulting in a 14% operating deficit.

Mission

RHONEYMEADE INSPIRES AND ENRICHES OUR COMMUNITY AS IT FOSTERS THE CONNECTIONS BETWEEN PEOPLE, ART, NATURE, AND AGRICULTURE IN OUR CONSERVED HISTORIC RURAL LANDSCAPE.UNDER DATE OF 08.26.2022 THE IRS ADVISED THE ORGANIZATION THAT ITS PRIVATE FOUNDATION STATUS WAS TERMINATED UNDER SECTION 507(b)(1)(B) AND THAT ITS STATUS HAS BEEN RECLASSIFIED AS A PUBLIC CHARITY UNDER SECTION 170(b)(1)(A)(vi) EFFECTIVE AS OF JANUARY 1, 2017. AND THAT, THE ORGANIZATION CONTINUES AS EXEMPT UNDER SECTION 501(C)(3) FILING FORM 990, 990-EZ OR 990-N. DLN 29053074317002.

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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 (2023)

Revenue Breakdown

Contributions & Grants $31,413

Program Service Revenue $0

Investment Income $9

Other Revenue $41,237

TOTAL REVENUE $72,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,892

Fundraising Expenses $12,034

Program Expenses $54,917

Other Expenses $60,133

TOTAL EXPENSES $83,025

Year-over-Year Comparison

	2023	2022	Change
Revenue	$72,659	$72,908	0.0%
Expenses	$83,025	$69,289	+0.2%
Net Income	$-10,366	$3,619	-3.9%

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

Total Directors

$21,265

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRIS CLARK	BOARD MEMBER	1.00	Director	$0	$0	$21,265
JAMES FLANAGAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUE CROMWELL	BOARD MEMBER	1.00	Director	$0	$0	$0
FREDERICK BISBEE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES LESHER	EXECUTIVE DIRECTOR	2.00	Officer	$0	$0	$0
ZOE BONIFACE	CHAIR DIRECTOR	1.00	Officer	$0	$0	$0
DENNIS FETZER	TREASURER	1.00	Officer	$0	$0	$0
JEFF MATHISON	SECRETARY	1.00	Officer	$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
2024	No data	No data	No data	No data
2023	$72,659	$83,025	$804,252	$-10,366
2022	$72,908	$69,289	$814,501	$3,619
2021	$79,721	$63,964	$810,552	$15,757

RHONEYMEADE INC