ASHUNTI RESIDENTIAL MANAGEMENT SYSTEMS INC

EIN: 363852542 501(c)(3)

CHICAGO, IL

Total Revenue
$579,309
Total Expenses
$490,223
Total Assets
$1,035,049
Net Assets
$121,494
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
IL
Principal Officer
REGINA LEWIS
Phone
7733796981
Tax Period
2023-01-01 to 2023-12-31

ASHUNTI RESIDENTIAL MANAGEMENT SYSTEMS INC, founded in 1992, is a small nonprofit that reported $579K in total revenue in fiscal year 2023. The organization ran a surplus of $89K, a strong 15% operating margin.

Mission

Ashunti RMS mission is to bring glory to God by helping people reclaim their dignity people reclaim their dignity and to become self sufficient by utilizing the tool of importance that will bring about awareness and empowerment.

Program Service Accomplishments

Program 1
Expenses: $276,436 Revenue: $255,551

TITLE XX AND SUPRA-SUPPORTIVE AND HOUSING SERVICES FOR 23 WOMEN SUPPORT FOR MENTAL ILLINESS AND HOUSING

Program 2
Expenses: $28,076 Revenue: $28,076

DEPARTMENT OF CORRECTIONS SUPPORTIVE SERVICES FOR FIVE MEN AND FIVE WOMEN

Program 3
Expenses: $67,907 Revenue: $67,907

YOUTH DEVELOPMENT PROGRAM

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $537,103
Program Service Revenue $42,206
Investment Income $0
Other Revenue $0
TOTAL REVENUE $579,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $166,056
Fundraising Expenses $400
Program Expenses $410,140
Other Expenses $324,167
TOTAL EXPENSES $490,223

Year-over-Year Comparison

2023 2022 Change
Revenue $579,309 $556,746 +0.0%
Expenses $490,223 $506,605 0.0%
Net Income $89,086 $50,141 +0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
5
Volunteers
8

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
0
$0
Total Directors
6
$33,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES MCGEE PRESIDENT 2.00
Director
$0 $0 $0
VERA MCGEE VICE PRESIDENT 2.00
Director
$0 $0 $0
KAREN MORGAN SECRETARY 2.00
Director
$0 $0 $0
GRADY PARTLOW DIRECTOR 2.00
Director
$0 $0 $0
BILL RANDLE TREASURER 2.00
Director
$0 $0 $0
REGINA D LEWIS EXECUTIVE DIRECTOR 2.00
Director
$0 $0 $33,600
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
2023 $579,309 $490,223 $1,035,049 $89,086
2022 $511,242 $542,092 $478,963 $-30,850
2021 $526,205 $412,692 $259,451 $113,513
2021 $526,205 $412,692 $259,451 $113,513
2020 $472,931 $440,497 $240,224 $32,434
2020 $472,931 $440,497 $240,224 $32,434
2018 $476,778 $481,968 $217,940 $-5,190
Explore More Nonprofits
→Top 100 Nonprofits in Illinois →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ASHUNTI RESIDENTIAL MANAGEMENT SYSTEMS INC with other nonprofits in Illinois and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.