RURAL COMMUNITY IMPROVEMENT CORPORATION INC (EIN 300399518) - 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

2007

Legal Domicile

Principal Officer

ROBERT B COOKE

Phone

2292687592

Tax Period

2023-01-01 to 2023-12-31

RURAL COMMUNITY IMPROVEMENT CORPORATION INC, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $68K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $11K, a strong 16% operating margin.

Mission

ENRICH AND IMPROVE RURAL COMMUNITIES BY WORKING TO ELIMINATE SUBSTANDARD HOUSING BY EITHER DEMOLISHING, RENOVATING OR BUILDING SIMPLE, AFFORDABLE HOUSING IN WHICH PEOPLE CAN LIVE.

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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 $0

Program Service Revenue $68,022

Investment Income $26

Other Revenue $0

TOTAL REVENUE $68,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,207

Other Expenses $57,197

TOTAL EXPENSES $57,197

Year-over-Year Comparison

	2023	2022	Change
Revenue	$68,048	$62,878	+0.1%
Expenses	$57,197	$65,751	-0.1%
Net Income	$10,851	$-2,873	-4.8%

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

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

$92,879

Total Directors

$92,879

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT B COOKE	PRESIDENT	2.00	Officer Director	$0	$3,071	$92,879
SUSAN LEDGER-BOIKE	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
RUTH ROGERS	BOARD MEMBER	2.00	Director	$0	$0	$0
AJ RIVERS	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIE PATRICK	BOARD MEMBER	2.00	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
2024	No data	No data	No data	No data
2023	$68,048	$57,197	$593,270	$10,851
2022	$62,878	$65,751	$603,792	$-2,873
2021	$64,763	$69,938	$619,567	$-5,175
2020	$65,161	$64,301	$639,502	$860
2019	$76,256	$130,051	$651,639	$-53,795
2018	$75,967	$76,962	$708,773	$-995

RURAL COMMUNITY IMPROVEMENT CORPORATION INC