THE TOWER OF REFUGE

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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

2011

Legal Domicile

Principal Officer

RAZVAN G SECRIAN

Phone

7146886401

Tax Period

2025-01-01 to 2025-12-31

THE TOWER OF REFUGE, founded in 2011, is a small nonprofit in the Religion sector that reported $542K in total revenue in fiscal year 2025.

Mission

The Tower of Refuge is a nonprofit organization that is currently focused on benefiting (positively impacting) the physical and spiritual needs of the impoverished people of Jacmel, a town that is located in south Haiti. We are involved in supporting orphan children with education, shelter, and food.

Program Service Accomplishments

Program 1

Expenses: $563,427

We built rooms for the orphanage, purchased land to built playground for the children, furnished the orphanage, built a chicken farm, provide food and supplies on a regular basis. We enroll the...

We built rooms for the orphanage, purchased land to built playground for the children, furnished the orphanage, built a chicken farm, provide food and supplies on a regular basis. We enroll the children in school and follow up on their performance.

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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 (2025)

Revenue Breakdown

Contributions & Grants $541,844

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $541,844

Expense Breakdown

Grants Paid $348,570

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $563,427

Other Expenses $214,857

TOTAL EXPENSES $563,427

Year-over-Year Comparison

	2025	2024	Change
Revenue	$541,844	$569,388	0.0%
Expenses	$563,427	$560,818	+0.0%
Net Income	$-21,583	$8,570	-3.5%

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

N/A

Employees

N/A

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	Role	Reportable Comp	Other Comp	Total
RAZVAN G SECRIAN	President	Director	$0	$0	$0
DAMARIS SECRIAN	Director	Director	$0	$0	$0
ALINA ILIOI	Director	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	$541,844	$563,427	$85,939	$-21,583
2024	$569,388	$560,818	$107,519	$8,570
2023	$421,488	$620,529	$98,949	$-199,041
2022	$861,978	$671,916	$297,990	$190,062
2021	$268,012	$165,878	$131,666	$102,134