Relume Foundation Inc (EIN 472249676) - 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

2014

Legal Domicile

Principal Officer

Sherri Adeosun

Phone

7189151131

Tax Period

2023-11-01 to 2024-10-31

Relume Foundation Inc, founded in 2014, is a small nonprofit in the Human Services sector that reported $157K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $253K exceeded revenue, resulting in a 61% operating deficit.

Mission

Working to better families in the greater NYC area through education and health

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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 (2023)

Revenue Breakdown

Contributions & Grants $157,077

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $157,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,657

Fundraising Expenses $0

Program Expenses $253,163

Other Expenses $191,506

TOTAL EXPENSES $253,163

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,077	$440,171	-0.6%
Expenses	$253,163	$313,847	-0.2%
Net Income	$-96,086	$126,324	-1.8%

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

N/A

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sherri Adeosun	President	015.00	Officer Director Key Emp	$0	$0	$0
Sunday Adeosun	Chairman	005.00	Officer Director	$0	$0	$0
Idowu Balogun	Vice Chairman	005.00	Officer Director	$0	$0	$0
Natasha Ferguson	Treasurer	005.00	Officer 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	$157,077	$253,163	$56,121	$-96,086
2023	$440,171	$313,847	$121,821	$126,324
2022	$479,716	$531,201	$28,905	$-51,485

Relume Foundation Inc