RFAN (EIN 464522375) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

MARK FAGERNES

Phone

3602737671

Tax Period

2023-01-01 to 2023-12-31

RFAN, founded in 2014, is a micro nonprofit in the Human Services sector that reported $36K in total revenue in fiscal year 2023. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 49% operating margin.

Mission

TO PROVIDE INDIVIDUALS FINANCIAL ASSITANCE DUE TO MEDICAL OR DISASTER RELATED EVENTS. WE PAID A TOTAL OF 18500 DOLLARS TO 8 COMMUNITY MEMBERS FOR MEDICAL TRANSPORT EXPENSES AND MEDICAL COST.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $36,414

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $36,414

Expense Breakdown

Grants Paid $18,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,500

Other Expenses $0

TOTAL EXPENSES $18,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$36,414	$18,419	+1.0%
Expenses	$18,500	$23,671	-0.2%
Net Income	$17,914	$-5,252	-4.4%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK FAGERNES	12636 175TH AVE SW ROCHESTER WA 98579	8.00	Director	$0	$0	$0
BRIAN FAGERNES	9111 178TH AVE SW ROCHESTER WA 98579	8.00	Director	$0	$0	$0
TODD FAGERNES	12337 170TH AVE SW ROCHESTER WA 98579	8.00	Director	$0	$0	$0
TERRY RUEGE	179 HYPPA RD ROCHESTER WA 98579	8.00	Director	$0	$0	$0
LARRY AYERS	11509 INDENPENCE RD SW ROCHESTER WA 98579	8.00	Director	$0	$0	$0
LOWELL DEGUISE	PO BOX 392 ROCHESTER WA	2.00	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
2024	No data	No data	No data	No data
2023	$36,414	$18,500	$139,588	$17,914
2022	$18,419	$23,671	$121,674	$-5,252
2021	$25,654	$8,050	$126,926	$17,604
2020	$21,015	$33,850	$109,322	$-12,835
2019	$39,161	$17,404	$122,157	$21,757
2018	$51,511	$32,184	$100,400	$19,327

RFAN