RESOURCES FOR INDEPENDENCE INC

EIN: 521937865 501(c)(3) Human Services

CUMBERLAND, MD

Total Revenue
$773,371
Total Expenses
$768,467
Total Assets
$229,825
Net Assets
$212,902
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
MD
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

RESOURCES FOR INDEPENDENCE IS DEDICATED TO EMPOWERING PERSONS WITH DISABILITIES TO MAKE THEIR OWN LIFE CHOICES TO THE FULLEST EXTENT POSSIBLE AND ADVOCATES FOR EQUAL RIGHTS AND ACCESSIBILITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
12
Volunteers
15

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
4
$94,166
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RESOURCES FOR INDEPENDENCE INC with other nonprofits in Maryland and across the country.