RAP INC

EIN: 520906297 501(c)(3)

WASHINGTON, DC

Total Revenue
$2,473,676
Total Expenses
$7,697,942
Total Assets
$7,898,873
Net Assets
$-21,537,008
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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
1970
Legal Domicile
DC
Principal Officer
NIKANT OHRI
Phone
2024627500
Tax Period
2023-01-01 to 2023-12-31

RAP INC, founded in 1970, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $7.7M exceeded revenue, resulting in a 211% operating deficit.

Mission

TO PROMOTE AND ENHANCE HUMAN HEALTH - PHYSICALLY, SPIRITUALLY, EMOTIONALLY AND SOCIALLY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,469,101
Program Service Revenue $0
Investment Income $0
Other Revenue $4,575
TOTAL REVENUE $2,473,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,209,543
Fundraising Expenses $0
Program Expenses $10,328,382
Other Expenses $3,488,399
TOTAL EXPENSES $7,697,942

Year-over-Year Comparison

2023 2022 Change
Revenue $2,473,676 $6,050,169 -0.6%
Expenses $7,697,942 $4,743,581 +0.6%
Net Income $-5,224,266 $1,306,588 -5.0%
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
10
Independent Members
10
Employees
86
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
5
$133,272
Total Directors
11
$579,388
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES P AUSTIN CHAIR 2.00
Officer Director
$0 $0 $0
DONNA MP WILSON ESQ VICE CHAIR & SECRETARY 2.00
Officer Director
$0 $0 $0
CHARLES STEPHENSON JR CHAIR, DEVELOPMENT COMMITT 2.00
Officer Director
$0 $0 $0
ROSCOE DELLUMS ESQ MEMBER 2.00
Director
$0 $0 $0
KATHY FLEWELLEN MEMBER 2.00
Director
$0 $0 $0
JOHN HOGAN MD MEMBER 12.00
Director
$97,560 $0 $97,560
GARY R FIORELLI MEMBER 2.00
Director
$0 $0 $0
A TONI YOUNG MEMBER 2.00
Director
$0 $0 $0
OTHELLO MAHONE MEMBER 2.00
Director
$0 $0 $0
DALE KLATZKER PHD MEMBER 2.00
Director
$0 $0 $481,828
NIKANT OHRI ACTING EXECUTIVE DIRECTOR 40.00
Officer Director
$0 $0 $0
VIRGINIA REID EXECUTIVE DIRECTOR 40.00
Officer
$0 $0 $133,272
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
2023 $2,473,676 $7,697,942 $7,898,873 $-5,224,266
2022 $6,591,024 $7,817,895 $10,224,689 $-1,226,871
2021 $5,252,185 $7,679,274 $8,257,247 $-2,427,089
2020 $3,645,842 $7,705,812 $8,129,860 $-4,059,970
2019 $3,106,872 $4,981,940 $8,558,888 $-1,875,068
2018 $2,577,053 $4,767,687 $8,021,198 $-2,190,634
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