Relief Enterprise Inc (EIN 742801951) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

Calvin Williams

Phone

5124670115

Tax Period

2024-01-01 to 2024-12-31

Relief Enterprise Inc, founded in 2000, is a mid-sized nonprofit in the Employment sector that reported $10.7M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

Provide Disabled Individuals with Training and Job Opportunities.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,011

Program Service Revenue $10,664,806

Investment Income $13,767

Other Revenue $0

TOTAL REVENUE $10,685,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,108,133

Fundraising Expenses $0

Program Expenses $10,592,047

Other Expenses $3,369,809

TOTAL EXPENSES $11,477,942

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,685,584	$11,732,364	-0.1%
Expenses	$11,477,942	$10,855,734	+0.1%
Net Income	$-792,358	$876,630	-1.9%

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

Governance

Voting Members

Independent Members

Employees

229

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
John Griffin	Board Member	5.00	Director	$0	$0	$0
Curtis McCormick	Board Member	5.00	Director	$0	$0	$0
Tom Hanna	Board Member	5.00	Director	$0	$0	$0
Joe Bryant	Board Member	5.00	Director	$0	$0	$0
Calvin Williams	COO	65.00	Officer Key Emp	$0	$0	$0
Clarence Williams	Executive Director	55.00	Officer Key Emp	$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	$10,685,584	$11,477,942	$3,189,598	$-792,358
2023	$11,732,364	$10,855,734	$3,622,298	$876,630
2022	$9,880,435	$9,816,560	$4,171,967	$63,875
2021	$10,769,184	$9,595,598	$3,705,366	$1,173,586
2020	$10,125,789	$9,696,907	$3,044,023	$428,882
2019	$10,071,779	$9,910,843	$2,965,602	$160,936
2018	$9,067,663	$9,219,987	$1,740,875	$-152,324

Relief Enterprise Inc