REEDS REFUGE CENTER INC (EIN 262523634) - 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

2008

Legal Domicile

Principal Officer

CORA REED

Phone

3024281830

Tax Period

2024-01-01 to 2024-12-31

REEDS REFUGE CENTER INC, founded in 2008, is a small nonprofit in the Human Services sector that reported $510K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 17% operating margin.

Mission

Provide services for the youth and performing arts.

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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 $279,210

Program Service Revenue $230,489

Investment Income $0

Other Revenue $0

TOTAL REVENUE $509,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $122,487

Fundraising Expenses $954

Program Expenses $177,028

Other Expenses $298,218

TOTAL EXPENSES $420,705

Year-over-Year Comparison

	2024	2023	Change
Revenue	$509,699	$322,770	+0.6%
Expenses	$420,705	$333,095	+0.3%
Net Income	$88,994	$-10,325	-9.6%

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

N/A

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

Total Directors

$15,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORA REED	SECRETARY/TREASURER	40	Director	$7,500	$0	$7,500
FREDERICK REED	PRESIDENT	40	Director	$7,500	$0	$7,500
JIM MILLER	CHAIR	2	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	$509,699	$420,705	$801,887	$88,994
2023	$322,770	$333,095	$712,909	$-10,325
2022	$1,030,700	$311,901	$723,235	$718,799
2021	$329,438	$343,057	$4,436	$-13,619
2020	$336,393	$333,036	$18,056	$3,357
2019	$266,759	$275,032	$14,699	$-8,273
2018	$342,916	$304,499	$74,927	$38,417

REEDS REFUGE CENTER INC