REGIONAL COMMUNITY FINANCE INC (EIN 451351163) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

KATHLEEN LABORDE

Phone

5045252505

Tax Period

2024-01-01 to 2024-12-31

REGIONAL COMMUNITY FINANCE INC, founded in 2012, is a community nonprofit in the Community Improvement sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $2.6M exceeded revenue, resulting in a 44% operating deficit.

Mission

TO FOSTER LOW AND MODERATE INCOME HOUSING, AND TO PROMOTE ECONOMIC DEVELOPMENT.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,818,094

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,818,094

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,427,488

Other Expenses $2,614,798

TOTAL EXPENSES $2,614,798

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,818,094	$1,346,451	+0.4%
Expenses	$2,614,798	$2,104,225	+0.2%
Net Income	$-796,704	$-757,774	+0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
SCOTT SIMMONS	DIRECTOR	0.50	Director	$0	$0	$0
LISA MAZIQUE	DIRECTOR	0.50	Director	$0	$0	$0
GEORGE DUPUY	SECRETARY	0.50	Officer Director	$0	$0	$0
KATHLEEN LABORDE	PRESIDENT	2.00	Officer Director	$0	$0	$0
RICHARD CAMPBELL	TREASURER	0.50	Officer	$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	$1,818,094	$2,614,798	$44,385,508	$-796,704
2023	$1,346,451	$2,104,225	$43,600,056	$-757,774
2022	$1,453,337	$1,811,893	$47,829,039	$-358,556
2021	$1,353,772	$1,636,274	$27,779,646	$-282,502
2020	$1,949,952	$2,719,322	$16,495,287	$-769,370
2019	$6,369,453	$2,608,550	$19,378,392	$3,760,903
2018	$495,550	$1,070,345	$17,258,545	$-574,795

REGIONAL COMMUNITY FINANCE INC