GOLDEN RULE SERVICES INC (EIN 760470067) - 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

1995

Legal Domicile

Principal Officer

DANIEL ARMOND

Phone

2819972295

Tax Period

2023-09-01 to 2024-08-31

GOLDEN RULE SERVICES INC, founded in 1995, is a community nonprofit in the Human Services sector that reported $5.4M in total revenue in fiscal year 2023.

Mission

PROVIDES SERVICE TO PEOPLE WITH DISABILITIES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,388,892

Investment Income $-2,472

Other Revenue $26,279

TOTAL REVENUE $5,412,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,507,816

Fundraising Expenses $0

Program Expenses $4,379,537

Other Expenses $4,201,600

TOTAL EXPENSES $5,709,416

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,412,699	$5,602,680	0.0%
Expenses	$5,709,416	$5,792,061	0.0%
Net Income	$-296,717	$-189,381	+0.6%

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

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

$193,445

Total Directors

$193,445

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL ARMOND	PRESIDENT/CE	40.00	Officer Director	$94,585	$0	$94,585
BARBARA ARMOND	VP/TREASURER	40.00	Officer Director	$98,860	$0	$98,860
CARRIE MULLINS	BOARD MEMBER	N/A	Director	$0	$0	$0
RONEY MCCRARY	BOARD MEMBER	N/A	Director	$0	$0	$0
CAROLYN KARBOWSKI	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
2024	$5,412,699	$5,709,416	$620,777	$-296,717
2023	$5,602,680	$5,792,061	$919,194	$-189,381
2022	$4,972,981	$5,151,867	$1,112,890	$-178,886
2021	$5,521,282	$5,306,579	$2,699,306	$214,703
2020	$5,336,483	$5,364,484	$3,185,896	$-28,001
2019	$5,680,495	$5,733,643	$2,832,529	$-53,148
2018	$5,764,215	$6,108,624	$2,763,522	$-344,409

GOLDEN RULE SERVICES INC