RNDC ELYSIAN INC (EIN 332883485) - 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

2025

Legal Domicile

Principal Officer

VANESSA LEVINE

Phone

5047084370

Tax Period

2025-02-12 to 2025-06-30

RNDC ELYSIAN INC, founded in 2025, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. The organization ran a surplus of $1.9M, a strong 59% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROVIDE HOUSING RELATED SERVICES TO LOW AND (CONT'D ON SCH O) MODERATE INCOME FAMILIES AND INDIVIDUALS WHO ARE IN NEED OF AFFORDABLE HOUSING OPTIONS. THIS INCLUDES THE OWNERSHIP, OPERATION, AND DEVELOPMENT OF THE AFOREMENTIONED LOCATION WITH THE PROVISION OF HOUSING RELATED SERVICES ON A NONPROFIT BASIS.

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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 $2,314,407

Program Service Revenue $815,715

Investment Income $7,355

Other Revenue $31,368

TOTAL REVENUE $3,168,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,305,000

Other Expenses $1,305,000

TOTAL EXPENSES $1,305,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,168,845	N/A	N/A
Expenses	$1,305,000	N/A	N/A
Net Income	$1,863,845	N/A	N/A

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

$1,771,805

Total Directors

$1,278,974

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEONARD SIMMONS JR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MIKE KING	SECRETARY	1.00	Officer Director	$0	$183,373	$868,407
SHAWN M BLOOM	TREASURER	1.00	Officer Director	$0	$0	$0
VORIS VIGEE	PRESIDENT & CEO	1.00	Officer Director	$0	$125,492	$410,567
VANESSA LEVINE	EXECUTIVE DIRECTOR	1.00	Officer	$0	$70,114	$283,077
GARY ZAPATA	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$46,540	$209,754

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	$3,168,845	$1,305,000	$13,042,156	$1,863,845

RNDC ELYSIAN INC