REHABILITATION DEVELOPMENT INC (EIN 581999591) - 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

1994

Legal Domicile

Principal Officer

LOIS MODELL

Phone

9122364473

Tax Period

2023-01-01 to 2023-12-31

Mission

THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO HOLD TITLE TO FACILITIES THAT HOUSE REHABILITATION AND TRAINING PROGRAMS FOR BLIND AND OTHER VISUALLY IMPAIRED INDIVIDUALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,980

Other Expenses $17,485

TOTAL EXPENSES $17,485

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$17,485	$17,410	+0.0%
Net Income	N/A	$-17,410	N/A

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
CAROL ABERCROMBIE	SECRETARY	N/A	Officer Director	$0	$0	$0
DR JENNIFER BROMLEY	BOARD MEMBER	N/A	Director	$0	$0	$0
COREY BROOKS	BOARD MEMBER	N/A	Director	$0	$0	$0
LEONARD COLLINS	BOARD MEMBER	N/A	Director	$0	$0	$0
BOSTON DERST	BOARD MEMBER	N/A	Director	$0	$0	$0
JUDGE ROBERTY E FALLIGANT	BOARD MEMBER	N/A	Director	$0	$0	$0
EILEEN TULLY FUNDERBURK	BOARD MEMBER	N/A	Director	$0	$0	$0
DEREK GOLDFARB	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL HALLIGAN	TREASURER	N/A	Officer Director	$0	$0	$0
SCOTT HARRISON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ROY HILL	PRESIDENT	N/A	Officer Director	$0	$0	$0
LOIS MODELL	EXECUTIVE DI	N/A	Director	$0	$0	$0
SAMIR NIKOCEVIC	BOARD MEMBER	N/A	Director	$0	$0	$0
ROB SPARKS	BOARD MEMBER	N/A	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
2023	No data	$17,485	$582,037	No data
2022	No data	$17,410	$598,617	No data
2021	$1	$18,420	$615,597	$-18,419
2020	$20	$16,633	$633,616	$-16,613
2019	$15,006	$20,408	$649,229	$-5,402
2018	No data	$157,882	$652,631	No data

REHABILITATION DEVELOPMENT INC