The Rona Barrett Foundation (EIN 770555412) - 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

2000

Legal Domicile

Principal Officer

Richard Morris

Phone

8056888887

Tax Period

2025-01-01 to 2025-12-31

The Rona Barrett Foundation, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $233K in total revenue in fiscal year 2025. Revenue decreased 20% compared to the prior year. Expenses of $542K exceeded revenue, resulting in a 132% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY IN NEED IN A COMMUNITY CENTERED MODEL.

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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 (2025)

Revenue Breakdown

Contributions & Grants $211,391

Program Service Revenue $0

Investment Income $21,984

Other Revenue $0

TOTAL REVENUE $233,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $365,756

Fundraising Expenses $45,132

Program Expenses $316,791

Other Expenses $176,698

TOTAL EXPENSES $542,454

Year-over-Year Comparison

	2025	2024	Change
Revenue	$233,375	$291,669	-0.2%
Expenses	$542,454	$535,952	+0.0%
Net Income	$-309,079	$-244,283	+0.3%

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

Volunteers

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

$217,390

Total Directors

$217,390

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rona Barrett	Director	30.00	Officer Director	$112,178	$0	$112,178
Richard Morris	Executive Dir.	30.00	Officer Director	$91,194	$0	$91,194
Vicki Wedmore	Director	5.00	Officer Director	$14,018	$0	$14,018
Susan Weber	Director	2.00	Officer Director	$0	$0	$0
Lisa Clement MD	Director	2.00	Officer Director	$0	$0	$0
Cynthia Manigault	President	2.00	Officer 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
2025	$233,375	$542,454	$1,828,390	$-309,079
2024	$291,669	$535,952	$2,138,083	$-244,283
2023	$428,286	$694,872	$2,372,435	$-266,586
2022	$474,838	$648,263	$2,630,981	$-173,425
2021	$418,361	$558,984	$2,803,795	$-140,623
2020	$475,958	$546,557	$2,945,181	$-70,599
2019	$251,571	$532,391	$3,018,165	$-280,820
2018	$266,886	$511,410	$3,302,993	$-244,524

The Rona Barrett Foundation