RELAPSING POLYCHONDRITIS AWARENESS AND SUPPORT FOUNDATION INC

EIN: 462458916 501(c)(3) Diseases & Disorders

SPEEDWAY, IN

Total Revenue
$1,342,039
Total Expenses
$986,760
Total Assets
$742,497
Net Assets
$739,161
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
MN
Principal Officer
DAVID BAMMERT
Phone
9062251166
Tax Period
2024-04-01 to 2025-03-31

RELAPSING POLYCHONDRITIS AWARENESS AND SUPPORT FOUNDATION INC, founded in 2014, is a community nonprofit in the Diseases & Disorders sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 109% from the prior year, signaling strong growth momentum. The organization ran a surplus of $355K, a strong 26% operating margin.

Mission

THE RP FOUNDATION'S MISSION IS TO: (A) INCREASE AWARENESS ABOUT RELAPSING POLYCHONDRITIS; (B) PROVIDE SUPPORT (PRIMARILY THROUGH THE USE OF THE INTERNET, SOCIAL MEDIA, AND PATIENT ADVOCACY PROGRAMS) FOR THOSE WHO ARE AFFECTED BY RELAPSING POLYCHONDRITIS, SUPPORT RESEARCH TO ADVANCE A CURE FOR RELAPSING POLYCHONDRITIS; (C) PROMOTE QUALITY CARE FOR RELAPSING POLYCHONDRITIS PATIENTS; AND (D) ENGAGE IN SUCH OTHER ACTIVITIES IN CONNECTION THEREWITH THAT THE BOARD OF DIRECTORS MAY AUTHORIZE, IN ALL CASES SUBJECT TO THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENU CODE OF 1986, AS AMENDED, OR THE CORRESPONDING PROVISIONS OF ANY SUBSEQUENT FEDERAL TAX LAW (THE "CODE").

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,331,631
Program Service Revenue $0
Investment Income $10,408
Other Revenue $0
TOTAL REVENUE $1,342,039

Expense Breakdown

Grants Paid $125,319
Salaries & Benefits $118,863
Fundraising Expenses $23,773
Program Expenses $870,924
Other Expenses $742,578
TOTAL EXPENSES $986,760

Year-over-Year Comparison

2024 2023 Change
Revenue $1,342,039 $641,371 +1.1%
Expenses $986,760 $881,363 +0.1%
Net Income $355,279 $-239,992 -2.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
2
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
$100,000
Total Directors
5
$100,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID BAMMERT PRESIDENT 30.00
Officer Director
$100,000 $0 $100,000
DAVID DEROSA SECRETARY/TR 4.00
Officer Director
$0 $0 $0
NEIL LANGBERG DIRECTOR 8.00
Director
$0 $0 $0
NANCY LINN DIRECTOR/CHA 8.00
Officer Director
$0 $0 $0
ROY MEDAWAR DIRECTOR 4.00
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
2025 $1,342,039 $986,760 $742,497 $355,279
2024 $641,371 $881,363 $386,620 $-239,992
2023 $987,715 $1,390,080 $626,337 $-402,365
2022 $1,006,610 $1,106,195 $1,026,239 $-99,585
2021 $2,119,857 $1,101,711 $1,125,824 $1,018,146
2020 $847,514 $748,162 $107,678 $99,352
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