RURAL ECONOMIC ASSISTANCE LEAGUE INC

EIN: 741784537 501(c)(3) Human Services

ALICE, TX

Total Revenue
$10,214,395
Total Expenses
$9,017,693
Total Assets
$9,433,589
Net Assets
$6,443,815
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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
1973
Legal Domicile
TX
Principal Officer
Gloria Ramos
Phone
3616683158
Tax Period
2023-01-01 to 2023-12-31

RURAL ECONOMIC ASSISTANCE LEAGUE INC, founded in 1973, is a mid-sized nonprofit in the Human Services sector that reported $10.2M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $9.0M left a modest 12% surplus.

Mission

REAL, Inc. was established in 1973 to provide health & welfare programs to eligible individuals in Alice, TX and neighboring communities.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,238,594
Program Service Revenue $2,957,292
Investment Income $18,509
Other Revenue $0
TOTAL REVENUE $10,214,395

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,595,441
Fundraising Expenses $0
Program Expenses $7,321,311
Other Expenses $4,422,252
TOTAL EXPENSES $9,017,693

Year-over-Year Comparison

2023 2022 Change
Revenue $10,214,395 $9,112,756 +0.1%
Expenses $9,017,693 $8,346,614 +0.1%
Net Income $1,196,702 $766,142 +0.6%
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

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Governance

Voting Members
8
Independent Members
8
Employees
271
Volunteers
10

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
3
$0
Total Directors
9
$150,379
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gloria Ramos Executive Director 40
Director Highest
$120,379 $30,000 $150,379
Martin Ornelas Director 40
Highest
$126,880 $0 $126,880
J C Perez Chairman 5
Officer Director
$0 $0 $0
Olivia Iglasias Vice President 2
Officer Director
$0 $0 $0
Nora Gonzalez Secretary/Treasurer 2
Officer Director
$0 $0 $0
E B Garcia Board Member 2
Director
$0 $0 $0
Bartolo Guajardo Board Member 2
Director
$0 $0 $0
Alex Gonzalez Board Member 2
Director
$0 $0 $0
Grace Lopez Board Member 2
Director
$0 $0 $0
Sylvia Laso Board Member 2
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 No data No data No data No data
2023 $10,214,395 $9,017,693 $9,433,589 $1,196,702
2022 $9,112,756 $8,346,614 $8,300,989 $766,142
2021 $8,067,890 $6,807,257 $7,450,498 $1,260,633
2020 $8,986,774 $7,661,686 $6,962,164 $1,325,088
2019 $7,957,609 $7,362,381 $5,173,207 $595,228
2018 $7,417,946 $7,233,698 $4,916,025 $184,248
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