NATIONAL RURAL RECRUITMENT & RETENTION NETWORK INC (EIN 391965308) - 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

1999

Legal Domicile

Principal Officer

MIKE SHIMMENS

Phone

8007872512

Tax Period

2024-01-01 to 2024-12-31

NATIONAL RURAL RECRUITMENT & RETENTION NETWORK INC, founded in 1999, is a community nonprofit in the Health Care sector that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

SUPPORT PUBLIC AND/OR PRIVATE ORGANIZATIONS THAT ASSIST HEALTHCARE PROFESSIONALS IN LOCATING JOBS IN RURAL AND UNDERSERVED AREAS THROUGHOUT THE COUNTRY.

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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 $988,542

Investment Income $22,354

Other Revenue $0

TOTAL REVENUE $1,010,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $621,103

Fundraising Expenses $0

Program Expenses $973,081

Other Expenses $453,904

TOTAL EXPENSES $1,075,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,010,896	$1,080,707	-0.1%
Expenses	$1,075,007	$1,025,295	+0.0%
Net Income	$-64,111	$55,412	-2.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE SHIMMENS	EXECUTIVE DI	40.00	Highest	$134,300	$25,284	$159,584
JESSICA SEEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANN CRANFORD	PRESIDENT-EL	1.00	Officer Director	$0	$0	$0
TRIXIE LACAS	SECRETARY	1.00	Officer Director	$0	$0	$0
NICOLE BRETON	TREASURER	1.00	Officer Director	$0	$0	$0
MARIE GRADY	DIRECTOR	1.00	Director	$0	$0	$0
JUDY NEWTON	DIRECTOR	1.00	Director	$0	$0	$0
R BRENT WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
SARA LEAHY	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
2024	$1,010,896	$1,075,007	$828,485	$-64,111
2023	$1,080,707	$1,025,295	$804,462	$55,412
2022	$1,026,268	$1,119,782	$684,775	$-93,514
2021	$946,911	$849,334	$896,817	$97,577
2020	$703,889	$592,216	$757,480	$111,673
2019	$603,743	$705,769	$599,044	$-102,026
2018	$707,280	$650,569	$623,831	$56,711

NATIONAL RURAL RECRUITMENT & RETENTION NETWORK INC