RICHARD REESE EMPLOYEE RELIEF FUND INC (EIN 263354190) - 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

SERGIO MARTIN

Phone

6175358317

Tax Period

2024-01-01 to 2024-12-31

RICHARD REESE EMPLOYEE RELIEF FUND INC, founded in 2008, is a small nonprofit in the Public Safety sector that reported $125K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $151K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE ASSISTANCE TO CURRENT AND FUTURE EMPLOYEES OF IRON MOUNTAIN, INC., AND THEIR FAMILY MEMBERS, WHO ARE VICTIMS OF A NATURAL OR CIVIL DISASTER OR EMERGENCY HARDSHIP SITUATION.

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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 $110,498

Program Service Revenue $0

Investment Income $14,489

Other Revenue $0

TOTAL REVENUE $124,987

Expense Breakdown

Grants Paid $136,328

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $136,328

Other Expenses $14,632

TOTAL EXPENSES $150,960

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,987	$111,105	+0.1%
Expenses	$150,960	$138,126	+0.1%
Net Income	$-25,973	$-27,021	0.0%

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

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
NEAL GOLDMAN PRES THROUGH MAR 2025	PRESIDENT / DIRECTOR	5.00	Officer Director	$0	$0	$0
DEBORAH MARSON PRES AS OF MAR 2025	CLERK / DIRECTOR	2.00	Officer Director	$0	$0	$0
JENNIFER GRIMAUDO	DIRECTOR	15.00	Director	$0	$0	$0
SERGIO MARTIN	TREASURER / DIRECTOR	3.00	Officer Director	$0	$0	$0
JAMESETTA STRICKLAND THROUGH MAR 24	DIRECTOR	0.30	Director	$0	$0	$0
DARRON LAWSON AS OF APRIL 24	DIRECTOR	0.30	Director	$0	$0	$0
BLANKA RHIOVA THROUGH OCT 24	DIRECTOR	0.30	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
2024	$124,987	$150,960	$659,887	$-25,973
2023	$111,105	$138,126	$668,645	$-27,021
2022	$274,933	$223,992	$663,312	$50,941
2021	$350,669	$318,779	$649,226	$31,890
2020	$821,569	$747,982	$702,308	$73,587
2019	$212,501	$81,527	$662,889	$130,974
2018	$70,143	$65,315	$456,763	$4,828
2016	$71,070	$129,050	$533,286	$-57,980

RICHARD REESE EMPLOYEE RELIEF FUND INC