RESOURCES FOR INDEPENDENCE INC

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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

1995

Legal Domicile

Principal Officer

LORI MAGRUDER

Phone

3017841774

Tax Period

2024-10-01 to 2025-09-30

RESOURCES FOR INDEPENDENCE INC, founded in 1995, is a small nonprofit in the Human Services sector that reported $773K in total revenue in fiscal year 2024.

Mission

THE MISSION OF RESOURCES FOR INDEPENDENCE IS TO PROVIDE SERVICES THAT PROMOTE INDEPENDENCE, ACCESSIBILITY, SELF-ADVOCACY, PRODUCTIVITY, AND QUALITY OF LIFE FOR ALL INDIVIDUALS OR GROUPS OF INDIVIDUALS WITH ALL TYPES OF SIGNIFICANT DISABILITIES.

Program Service Accomplishments

Program 1

Expenses: $735,598 Revenue: $94,558

PROVIDE INDEPENDENT LIVING SERVICES TO INDIVIDUALS WITH DISABILITIES TO MAINTAIN AN INDEPENDENT LIFE STYLE.

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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 $657,476

Program Service Revenue $94,558

Investment Income $130

Other Revenue $21,207

TOTAL REVENUE $773,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $600,263

Fundraising Expenses $13,414

Program Expenses $735,598

Other Expenses $168,204

TOTAL EXPENSES $768,467

Year-over-Year Comparison

	2024	2023	Change
Revenue	$773,371	$729,184	+0.1%
Expenses	$768,467	$720,708	+0.1%
Net Income	$4,904	$8,476	-0.4%

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

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

$94,166

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES RALEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
MELISSA BLUBAUGH	SECRETARY	2.00	Officer Director	$0	$0	$0
ED GEIS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
JOE DARR	DIRECTOR	2.00	Director	$0	$0	$0
CRAIG ALEXANDER	DIRECTOR	2.00	Director	$0	$0	$0
LORI MAGRUDER	EXECUTIVE DI	40.00	Officer	$94,166	$0	$94,166

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
2025	$773,371	$768,467	$229,825	$4,904
2024	$729,184	$720,708	$220,730	$8,476
2023	$594,060	$573,458	$213,840	$20,602
2022	$554,159	$522,669	$191,582	$31,490
2021	$552,450	$550,728	$162,882	$1,722
2020	$510,170	$489,887	$151,493	$20,283
2019	$447,096	$415,858	$161,763	$31,238