RICHMOND COMMUNITY COLLEGE FOUNDATION INC (EIN 561364070) - 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

1983

Legal Domicile

Principal Officer

WILEY L MABE

Phone

9104101807

Tax Period

2024-07-01 to 2025-06-30

RICHMOND COMMUNITY COLLEGE FOUNDATION INC, founded in 1983, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $816K, a strong 60% operating margin.

Mission

HANDLE GIFTS, SCHOLARSHIPS, FELLOWSHIPS, FIXED ASSET CONSTRUCTION AND PURCHASE, FACULTY SALARY SUPPLEMENTS, AND OTHER ACADEMIC EXPENSES FOR RICHMOND COMMUNITY

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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 $1,316,519

Program Service Revenue $0

Investment Income $769

Other Revenue $42,548

TOTAL REVENUE $1,359,836

Expense Breakdown

Grants Paid $475,648

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $515,148

Other Expenses $68,346

TOTAL EXPENSES $543,994

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,359,836	$864,318	+0.6%
Expenses	$543,994	$473,759	+0.1%
Net Income	$815,842	$390,559	+1.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
P LAVERNE SCHULTZ	BOARD MEMBER	2.00	Director	$0	$0	$0
W RONALD BALLARD	BOARD MEMBER	2.00	Officer	$0	$0	$0
DAVID T WOOD	SECRETARY	2.00	Officer	$0	$0	$0
WILEY L MABE	TREASURER	2.00	Officer	$0	$0	$0
ELIZABETH M BRYANT	CO-PRESIDENT	2.00	Officer	$0	$0	$0
J NEIL CADIEU JR	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICK L CHAPPELL	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK A SCOTT	CO-PRESIDENT	2.00	Director	$0	$0	$0
H SCOTT BREWER	BOARD MEMBER	2.00	Director	$0	$0	$0
S HEWITT FULTON III	BOARD MEMBER	2.00	Director	$0	$0	$0
SANDRA D BARNHARDT	BOARD MEMBER	2.00	Director	$0	$0	$0
REP KENNETH L GOODMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
STAFFORD DUNBAR IV	BOARD MEMBER	2.00	Director	$0	$0	$0
H LEE HOWELL JR	BOARD MEMBER	2.00	Director	$0	$0	$0
J EDWARD COX	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM R COOKE	BOARD MEMBER	2.00	Director	$0	$0	$0
J C LAMM	BOARD MEMBER	2.00	Director	$0	$0	$0
WENDY KELLY JORDAN ED D	ASSOICATE VP FOR DEVELOPMENT	2.00	Director	$0	$0	$0
GREGORY A MARKS	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES W MASON III	BOARD MEMBER	2.00	Director	$0	$0	$0
KAY G CAVENDISH	BOARD MEMBER	2.00	Director	$0	$0	$0
JOYCE M MCDOW	BOARD MEMBER	2.00	Director	$0	$0	$0
C KENNETH MELVIN	BOARD MEMBER	2.00	Director	$0	$0	$0
C DEAN NICHOLS	BOARD MEMBER	2.00	Director	$0	$0	$0
JANET JAMES NORTON	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES C MCCASKILL	BOARD MEMBER	2.00	Director	$0	$0	$0
BOBBIE SUE ORMSBY	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN S STEVENSON MD	BOARD MEMBER	2.00	Director	$0	$0	$0
JAY TODD	BOARD MEMBER	2.00	Director	$0	$0	$0
THAD L USSERY	BOARD MEMBER	2.00	Director	$0	$0	$0
NEIL H ROBINETTE	BOARD MEMBER	2.00	Director	$0	$0	$0
GREGORY THOMPSON	BOARD MEMBER	2.00	Director	$0	$0	$0
LISA HARRELSON	FOUNDATION SUPPORT	2.00	Key Emp	$0	$0	$0
BRENT T BARBEE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN A FERGUSON	BOARD MEMBER	2.00	Director	$0	$0	$0
JEAN T WAY	BOARD MEMBER	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
2025	$1,359,836	$543,994	$7,955,323	$815,842
2024	$864,318	$473,759	$6,559,827	$390,559
2023	$496,026	$413,113	$5,553,111	$82,913
2022	$676,162	$416,223	$5,054,651	$259,939
2021	$351,200	$607,334	$5,451,939	$-256,134
2020	$515,799	$568,260	$4,854,485	$-52,461

RICHMOND COMMUNITY COLLEGE FOUNDATION INC