RICHARD K THOMPSON INC (EIN 300305941) - 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

2005

Legal Domicile

Principal Officer

GARRICK WITHERSPOON

Phone

2529460110

Tax Period

2025-01-01 to 2025-12-31

RICHARD K THOMPSON INC, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $426K in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $475K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE HOUSING FOR THE ELDERLY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $289,264

Program Service Revenue $135,722

Investment Income $1,239

Other Revenue $0

TOTAL REVENUE $426,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $455,382

Other Expenses $474,883

TOTAL EXPENSES $474,883

Year-over-Year Comparison

	2025	2024	Change
Revenue	$426,225	$372,589	+0.1%
Expenses	$474,883	$463,885	+0.0%
Net Income	$-48,658	$-91,296	-0.5%

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
ERIC WHITAKER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
GARRICK WITHERSPOON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MILDRED K RANDOLPH	TREASURER	1.00	Officer Director	$0	$0	$0
JOYCE O'NEAL	SECRETARY	1.00	Officer Director	$0	$0	$0
SOLOMON ORE JR	DIRECTOR	1.00	Director	$0	$0	$0
PAULA MCCULLOUGH	DIRECTOR	1.00	Director	$0	$0	$0
ERNEST REESE JR	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
2025	$426,225	$474,883	$1,492,624	$-48,658
2024	$372,589	$463,885	$1,549,428	$-91,296
2023	$344,270	$442,225	$1,650,172	$-97,955
2022	$303,884	$411,916	$1,732,197	$-108,032
2021	$309,340	$408,055	$1,838,235	$-98,715
2020	$287,708	$424,061	$1,931,332	$-136,353
2019	$251,636	$326,419	$2,056,606	$-74,783
2018	$225,530	$309,848	$2,147,178	$-84,318

RICHARD K THOMPSON INC