RESOURCED INC (EIN 474579794) - 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

2015

Legal Domicile

Principal Officer

DAVID BETTS

Phone

5152252205

Tax Period

2024-01-01 to 2024-12-31

RESOURCED INC, founded in 2015, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $769K in total revenue in fiscal year 2024. Expenses of $4.2M exceeded revenue, resulting in a 445% operating deficit.

Mission

TO OVERCOME THE CONSTRAINTS OF SUSTAINABLE, AGRICULTURAL INTENSIFICATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $403,680

Program Service Revenue $277,308

Investment Income $88,170

Other Revenue $0

TOTAL REVENUE $769,158

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,362,508

Fundraising Expenses $0

Program Expenses $3,832,461

Other Expenses $2,827,724

TOTAL EXPENSES $4,190,232

Year-over-Year Comparison

	2024	2023	Change
Revenue	$769,158	$798,859	0.0%
Expenses	$4,190,232	$3,912,566	+0.1%
Net Income	$-3,421,074	$-3,113,707	+0.1%

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

Employees

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

$585,567

Total Directors

$585,567

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK NELSON	PRESIDENT	40.00	Officer Director	$313,367	$0	$313,367
WILL ROGERS	SECRETARY; DIRECTOR	40.00	Officer Director	$272,200	$0	$272,200
JIM KIRKWOOD	DIRECTOR	2.00	Director	$0	$0	$0
JOANNE HALE	DIRECTOR	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	$769,158	$4,190,232	$7,677,362	$-3,421,074
2023	$798,859	$3,912,566	$11,061,096	$-3,113,707
2022	$2,672,492	$3,776,978	$12,878,805	$-1,104,486
2021	$574,862	$2,420,294	$14,271,512	$-1,845,432
2020	$14,287,670	$2,711,543	$17,207,173	$11,576,127
2019	$2,900,261	$2,198,551	$4,720,005	$701,710
2018	$4,784,231	$2,392,711	$4,236,313	$2,391,520

RESOURCED INC