RSA FOUNDATION (EIN 460834143) - 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

MARK PRENTISS

Phone

5864059473

Tax Period

2024-01-01 to 2024-12-31

RSA FOUNDATION, founded in 2012, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO OPERATE FOR THE BENEFIT OF, AND TO PERFORM THE FUNCTIONS OF, THE RISING STARS ACADEMY, A MICHIGAN PUBLIC SCHOOL ACADEMY, BY RECEIVING, ADMINISTRATING AND DISTRIBUTING FUNDS FOR THE BENEFIT OF THE RISING STARS ACADEMY. THE RISING STARS ACADEMY IS A PUBLIC SCHOOL FOR STUDENTS AGES 18- 26 WITH SPECIAL NEEDS PROVIDING A UNIQUE CURRICULUM, WITH AN EMPHASIS IN CULINARY ARTS AND FOOD SERVICE THAT PROMOTES EDUCATION, HANDS-ON EXPERIENCE AND PERSONAL GROWTH TO PREPARE STUDENTS FOR FUTURE GAINFUL EMPLOYMENT IN THE CULINARY ARTS AND OTHER FIELDS. IN ADDITION, THE FOUNDATION ALSO SUPPORTS AND PROVIDES JOB SKILL TRAINING SERVICES AND PROGRAMS FOR INDIVIDUALS AGES 26 AND OLDER WHO HAVE PHYSICAL, SOCIAL OR COGNITIVE LIMITATIONS IN ORDER TO DEVELOP THEIR SKILLS TO LEAD TO A LIFE AS PRODUCTIVE AND SELF-FULFILLING AS THEIR CONDITION WILL ALLOW. THE PROGRAMS PROVIDED BY THE FOUNDATION PRIMARILY CONSIST OF COGNITIVE SERVICES AND WORK SKILLS TRAINING FOR PERSONS WITH BARRIERS TO EMPLOYMENT WHO REQUIRE O

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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 $169,921

Program Service Revenue $3,797,207

Investment Income $-26,781

Other Revenue $163,412

TOTAL REVENUE $4,103,759

Expense Breakdown

Grants Paid $109,141

Salaries & Benefits $1,798,203

Fundraising Expenses $0

Program Expenses $3,539,517

Other Expenses $2,134,632

TOTAL EXPENSES $4,041,976

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,103,759	$3,161,195	+0.3%
Expenses	$4,041,976	$3,091,278	+0.3%
Net Income	$61,783	$69,917	-0.1%

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

126

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

$73,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK PRENTISS	PRESIDENT	20.00	Officer Director	$0	$0	$0
DAVID WINOWIECKI	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
ANGIE MALBURG	TREASURER	10.00	Officer Director	$0	$0	$0
CHRISTINE SKRUBA	SECRETARY	10.00	Officer Director	$0	$0	$0
DEBORAH PRENTISS	EXECUTIVE DI	1.00	Director	$73,000	$0	$73,000

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	$4,103,759	$4,041,976	$2,601,739	$61,783
2023	$3,161,195	$3,091,278	$2,116,681	$69,917
2022	$2,353,037	$2,230,376	$1,489,554	$122,661
2021	$2,154,510	$1,665,439	$1,276,150	$489,071
2020	$1,441,298	$1,162,372	$870,913	$278,926
2019	$857,922	$684,849	$527,405	$173,073

RSA FOUNDATION