RUCON INC (EIN 760663023) - 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

JERRY NUNEZ

Phone

9365772655

Tax Period

2024-01-01 to 2024-12-31

RUCON INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $8.3M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $7.5M left a modest 10% surplus.

Mission

PROVIDING JOBS TO HANDICAPPED AND DISABLED INDIVIDUALS THROUGH SET ASIDE PROJECTS WITH THE STATE OF TEXAS

🔒

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 $0

Program Service Revenue $8,256,186

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,256,186

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,744,549

Fundraising Expenses $0

Program Expenses $7,450,789

Other Expenses $2,706,240

TOTAL EXPENSES $7,450,789

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,256,186	$7,068,314	+0.2%
Expenses	$7,450,789	$7,140,488	+0.0%
Net Income	$805,397	$-72,174	-12.2%

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

$1,353,379

Total Directors

$1,512,787

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRY NUNEZ	PRESIDENT	65.00	Officer Director	$245,200	$433,963	$679,163
JOSE SANCHEZ	SECRETARY	65.00	Officer Director	$0	$192,200	$192,200
BOBBY NUNEZ	V.PRESIDENT	65.00	Officer Director	$108,000	$374,016	$482,016
JONATHAN J NUNEZ	BOARD MEMBER	60.00	Director	$97,000	$62,408	$159,408

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	$8,256,186	$7,450,789	$968,334	$805,397
2023	$7,068,314	$7,140,488	$162,937	$-72,174
2022	$6,724,415	$7,355,558	$285,111	$-631,143
2021	$6,227,838	$6,161,516	$966,253	$66,322
2020	$7,310,714	$7,035,593	$455,380	$275,121

RUCON INC