RAPPU INC

EIN: 474370354 501(c)(3) Education

SPERRYVILLE, VA

Total Revenue
$200,403
Total Expenses
$244,732
Total Assets
$109,830
Net Assets
$71,017
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
KATHLEEN GROVE
Phone
5409870513
Tax Period
2024-01-01 to 2024-12-31

RAPPU INC, founded in 2015, is a small nonprofit in the Education sector that reported $200K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $245K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE RESIDENTS OF RAPPAHANNOCK COUNTY AND NEARBY AREAS WITH EDUCATIONAL EXPERIENCES THAT ENHANCE KNOWLEDGE, EMPLOYABILITY, AND QUALITY OF LIFE TO BUILD AND SUSTAIN A STRONGER COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $190,859 Revenue: $29,314

THE ORGANIZATION PLAYS A PIVOTAL ROLE IN IMPROVING THE HEALTH OF CITIZENS BY OFFERING EDUCATIONAL EXPERIENCES THAT ENHANCE KNOWLEDGE, EMPLOYABILITY, AND QUALITY OF LIFE WITH THE GOAL OF BUILDING AND...

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THE ORGANIZATION PLAYS A PIVOTAL ROLE IN IMPROVING THE HEALTH OF CITIZENS BY OFFERING EDUCATIONAL EXPERIENCES THAT ENHANCE KNOWLEDGE, EMPLOYABILITY, AND QUALITY OF LIFE WITH THE GOAL OF BUILDING AND SUSTAINING A STRONGER AND HEALTHIER COMMUNITY. RAPPCE OFFERS WORKFORCE TRAINING COURSES IN VARIOUS VOCATIONS TO PROVIDE SKILLS FOR NEW CAREER PATHS, AND LIFELONG LEARNING CLASSES FOR CURIOUS PARTICIPANTS TO EXPAND THEIR KNOWLEDGE.

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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 $168,269
Program Service Revenue $29,314
Investment Income $2,116
Other Revenue $704
TOTAL REVENUE $200,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,284
Fundraising Expenses $15,631
Program Expenses $190,859
Other Expenses $154,448
TOTAL EXPENSES $244,732

Year-over-Year Comparison

2024 2023 Change
Revenue $200,403 $255,489 -0.2%
Expenses $244,732 $274,005 -0.1%
Net Income $-44,329 $-18,516 +1.4%
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

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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
11
Independent Members
11
Employees
3
Volunteers
19

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
5
$39,542
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN GROVE CHAIR 5.00
Officer Director
$0 $0 $0
MATTHEW BLACK VICE CHAIR 2.00
Officer Director
$0 $0 $0
BARNEY O'MEARA TREASURER 2.00
Officer Director
$0 $0 $0
GARDINER LAPHAM SECRETARY 2.00
Officer Director
$0 $0 $0
SARAH CURRY DIRECTOR 1.00
Director
$0 $0 $0
JOHN JACQUEMIN DIRECTOR 1.00
Director
$0 $0 $0
JOHN KISER DIRECTOR 1.00
Director
$0 $0 $0
TIM NOLAN DIRECTOR 1.00
Director
$0 $0 $0
ANNE SIMON DIRECTOR 1.00
Director
$0 $0 $0
RICHARD SPILLENKOTHEN DIRECTOR 1.00
Director
$0 $0 $0
EDDIE SUTTON DIRECTOR 1.00
Director
$0 $0 $0
JAMI DAVIS EXECUTIVE DI 40.00
Officer
$39,542 $0 $39,542
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 $200,403 $244,732 $109,830 $-44,329
2023 $255,489 $274,005 $110,552 $-18,516
2022 $253,164 $301,809 $130,758 $-48,645
2021 $260,067 $224,578 $178,028 $35,489
2020 $249,233 $190,750 $143,274 $58,483
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