RONALD MCDONALD HOUSE CHARITIES OF TRISTATE INC (EIN 611224406) - 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

1996

Legal Domicile

Principal Officer

MICHAEL LOVE

Phone

2705544002

Tax Period

2024-01-01 to 2024-12-31

RONALD MCDONALD HOUSE CHARITIES OF TRISTATE INC, founded in 1996, is a small nonprofit that reported $531K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 230% operating deficit.

Mission

TO PROVIDE BENEFITS TO LOCAL YOUTH IN AREA COMMUNITIES BY DONATING MONEY TO VARIOUS LOCAL TAX-EXEMPT ORGANIZATIONS AND PROGRAMS.

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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 $425,955

Program Service Revenue $0

Investment Income $55,374

Other Revenue $49,691

TOTAL REVENUE $531,020

Expense Breakdown

Grants Paid $960,955

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,725,985

Other Expenses $789,581

TOTAL EXPENSES $1,750,536

Year-over-Year Comparison

	2024	2023	Change
Revenue	$531,020	$642,607	-0.2%
Expenses	$1,750,536	$426,243	+3.1%
Net Income	$-1,219,516	$216,364	-6.6%

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
MICHAEL LOVE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
BRUCE HAHN	DIRECTOR	0.00	Director	$0	$0	$0
DAVID SCHELL	DIRECTOR	0.00	Director	$0	$0	$0
THOMAS KEULER	DIRECTOR	0.00	Director	$0	$0	$0
JOE MCENANEY	DIRECTOR	1.00	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
2024	$531,020	$1,750,536	No data	$-1,219,516
2023	$642,607	$426,243	$1,242,847	$216,364
2022	$354,925	$238,122	$1,026,928	$116,803
2021	$317,086	$293,056	$900,072	$24,030
2020	$304,818	$153,359	$904,135	$151,459
2019	$247,080	$215,132	$739,536	$31,948
2018	$233,399	$219,887	$705,909	$13,512

RONALD MCDONALD HOUSE CHARITIES OF TRISTATE INC