RECYCLED PERCUSSION FOUNDATION

EIN: 464626415 501(c)(3)

LAS VEGAS, NV

Total Revenue
$4,374
Total Expenses
$31,050
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
2014
Legal Domicile
NV
Principal Officer
JUSTIN SPENCER
Tax Period
2020-01-01 to 2020-12-31

RECYCLED PERCUSSION FOUNDATION, founded in 2014, is a micro nonprofit that reported $4K in total revenue in fiscal year 2020. Expenses of $31K exceeded revenue, resulting in a 610% operating deficit.

Mission

THE FOUNDATION'S MISSION IS TO CREATE AN ENVIRONMENT WHERE PEOPLE FEEL SAFE, ACCEPTED AND HAVE A SENSE OF BELONGING BY PROVIDING POSITIVE SOLUTIONS TO NEGATIVITY. THE FOUNDATION IS COMMITTED TO HELPING INDIVIDUALS OVERCOME BEING BULLIED THROUGH COUNSELING, EDUCATIONAL PROGRAMMING AND INNOVATIVE TRAINING. WE WILL SIMULTANEOUSLY WORK TO STOP BULLYING WITHIN THE COMMUNITIES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $4,374
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,374

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,076
Other Expenses $31,050
TOTAL EXPENSES $31,050

Year-over-Year Comparison

2020 2019 Change
Revenue $4,374 N/A N/A
Expenses $31,050 N/A N/A
Net Income $-26,676 N/A N/A
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
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTIN SPENCER PRESIDENT N/A
Officer
$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
2020 $4,374 $31,050 No data $-26,676
2018 $230,080 $253,471 $97,277 $-23,391
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