RED BASKET INC

EIN: 454412276 501(c)(3)

OMAHA, NE

Total Revenue
$94
Total Expenses
$522,777
Total Assets
N/A
Net Assets
N/A
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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
NE
Principal Officer
STEPHAN K MCMAHAN
Phone
8779697378
Tax Period
2021-01-01 to 2021-12-31

RED BASKET INC, founded in 2012, is a micro nonprofit that reported $94 in total revenue in fiscal year 2021. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $523K exceeded revenue, resulting in a 556046% operating deficit.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $94
Other Revenue $0
TOTAL REVENUE $94

Expense Breakdown

Grants Paid $522,777
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $522,777
Other Expenses $0
TOTAL EXPENSES $522,777

Year-over-Year Comparison

2021 2020 Change
Revenue $94 $2,019 -1.0%
Expenses $522,777 $196 +2666.2%
Net Income $-522,683 $1,823 -287.7%
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

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Governance

Voting Members
6
Independent Members
1
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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHAN K MCMAHAN PRESIDENT 1.00
Officer Director
$0 $0 $0
DON L MOLINEU VICE PRESIDE 1.00
Officer Director
$0 $0 $0
ANNETTE DEVINE SECRETARY/TR 1.00
Officer Director
$0 $0 $0
PATRICK DEES DIRECTOR 1.00
Director
$0 $0 $0
DENISE MCCAULEY DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL SHEALY 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
2021 $94 $522,777 No data $-522,683
2020 $2,019 $196 $522,683 $1,823
2019 $10,746 $699 $520,860 $10,047
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