RATE FOUNDATION NFP (EIN 454204135) - 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

2012

Legal Domicile

Principal Officer

VICTOR CIARDELLI

Phone

7735166800

Tax Period

2024-01-01 to 2024-12-31

RATE FOUNDATION NFP, founded in 2012, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 429% from the prior year, signaling strong growth momentum. Expenses of $2.5M left a modest 10% surplus.

Mission

TO PROVIDE SUPPORT AND ASSISTANCE TO FAMILIES AND PERSONS IN NEED AND AT TIMES OF CRISIS.

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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 $2,673,958

Program Service Revenue $0

Investment Income $72,246

Other Revenue $0

TOTAL REVENUE $2,746,204

Expense Breakdown

Grants Paid $2,475,126

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,475,126

Other Expenses $0

TOTAL EXPENSES $2,475,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,746,204	$518,813	+4.3%
Expenses	$2,475,126	$676,931	+2.7%
Net Income	$271,078	$-158,118	-2.7%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT UBERSOX	VICE PRESIDENT, DIRECTOR	5.00	Officer Director	$0	$0	$0
KENNETH KANE	TREASURER	4.00	Officer Director	$0	$0	$0
RAVEN ROBINSON	SECRETARY	3.00	Officer Director	$0	$0	$0
VICTOR CIARDELLI	PRESIDENT, DIRECTOR	2.00	Officer Director	$0	$0	$0
JASON OLENICZAK	SENIOR DIRECTOR, GR FOUNDA	40.00	Highest	$0	$0	$108,808

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	$2,746,204	$2,475,126	$1,609,145	$271,078
2023	$518,813	$676,931	$1,338,067	$-158,118
2022	$790,907	$1,093,512	$1,496,185	$-302,605
2021	$5,812,096	$6,092,139	$1,798,790	$-280,043
2020	$8,244,822	$8,327,417	$2,078,833	$-82,595
2019	$1,117,687	$805,132	$2,161,428	$312,555
2018	$999,586	$557,060	$1,848,873	$442,526

RATE FOUNDATION NFP