RESIDENT ADVANCEMENT INC (EIN 382716661) - 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

1989

Legal Domicile

Principal Officer

BETH MAYS

Phone

8107500382

Tax Period

2024-10-01 to 2025-09-30

RESIDENT ADVANCEMENT INC, founded in 1989, is a community nonprofit in the Human Services sector that reported $7.7M in total revenue in fiscal year 2024.

Mission

TO PROVIDE AND/OR FACILITATE THE PROVISION OF SERVICES AND/OR PROGRAMS FOR PHYSICALLY AND/OR MENTALLY CHALLENGED OR DISABLED PERSONS AND THE ELDERLY IN A CORPORATE FACILITY OR PERSONAL HOME.

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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 $0

Program Service Revenue $7,688,679

Investment Income $61,028

Other Revenue $0

TOTAL REVENUE $7,749,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,328,420

Fundraising Expenses $0

Program Expenses $6,684,652

Other Expenses $1,396,011

TOTAL EXPENSES $7,724,431

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,749,707	$7,482,084	+0.0%
Expenses	$7,724,431	$7,505,889	+0.0%
Net Income	$25,276	$-23,805	-2.1%

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

213

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

$133,265

Total Directors

$262,731

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETH MAYS	EXEC DIRECTO	40.00	Officer Director	$131,571	$1,694	$133,265
ROCHELLE MOLYNEAUX	BOARD MBER/P	1.00	Director	$129,466	$0	$129,466
KAREN HAZZARD	BOARD MEMBER	1.00	Director	$0	$0	$0
MARSHA OCHODNICKY	BOARD MEMBER	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	$7,749,707	$7,724,431	$3,332,600	$25,276
2024	$7,482,084	$7,505,889	$3,311,243	$-23,805
2023	$7,778,412	$7,733,531	$3,100,958	$44,881
2022	$7,662,027	$7,596,937	$2,985,554	$65,090
2021	$6,780,084	$6,749,156	$2,983,839	$30,928
2020	$7,382,383	$6,188,397	$2,830,091	$1,193,986
2019	$5,612,579	$5,750,073	$1,551,579	$-137,494

RESIDENT ADVANCEMENT INC