RESOURCE DEVELOPMENT INSTITUTE (EIN 440562047) - 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

1950

Legal Domicile

Principal Officer

Mark Miller

Phone

8162215000

Tax Period

2023-07-01 to 2024-06-30

RESOURCE DEVELOPMENT INSTITUTE, founded in 1950, is a small nonprofit in the Mental Health sector that reported $312K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $356K exceeded revenue, resulting in a 14% operating deficit.

Mission

Resource Development Institute's (RDI) mission is to be a progressive innovator providing community leadership in research, evaluation, and consultation services to improve the quality of lives of vulnerable populations.

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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 $308,566

Investment Income $3,556

Other Revenue $0

TOTAL REVENUE $312,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,595

Fundraising Expenses $17,348

Program Expenses $288,972

Other Expenses $79,021

TOTAL EXPENSES $355,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$312,122	$347,260	-0.1%
Expenses	$355,616	$392,814	-0.1%
Net Income	$-43,494	$-45,554	0.0%

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

$91,054

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cynthia Larcom	CEO	40	Officer	$82,000	$9,054	$91,054
Karen Suddath	Director	0.5	Director	$0	$0	$0
Mark Miller	President and Treasurer	1	Officer Director	$0	$0	$0
Megan Roedel	Director 6.1.24-6.30.24	0.5	Director	$0	$0	$0
Dan Ascheman	Director 7.1.23-12.31.23	0.5	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	No data	No data	No data	No data
2024	$312,122	$355,616	$255,059	$-43,494
2023	$347,260	$392,814	$294,415	$-45,554
2022	$311,425	$318,076	$353,404	$-6,651
2021	$313,997	$346,601	$338,915	$-32,604
2020	$390,228	$378,526	$386,911	$11,702
2019	$303,553	$366,736	$385,989	$-63,183

RESOURCE DEVELOPMENT INSTITUTE