ROCKY MOUNTAIN INNOVATION INITIATIVE (EIN 770707779) - 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

2007

Legal Domicile

Principal Officer

MIKE FREEMAN

Phone

9702211301

Tax Period

2024-01-01 to 2024-12-31

ROCKY MOUNTAIN INNOVATION INITIATIVE, founded in 2007, is a community nonprofit in the Community Improvement sector that reported $5.4M in total revenue in fiscal year 2024. Revenue surged 357% from the prior year, signaling strong growth momentum.

Mission

TO ACCELERATE THE SUCCESS OF STARTUP COMPANIES AND TO PROMOTE AN ENTREPRENEURIAL CULTURE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $5,248,231

Program Service Revenue $183,820

Investment Income $133

Other Revenue $3

TOTAL REVENUE $5,432,187

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,551,289

Fundraising Expenses $548,484

Program Expenses $3,910,009

Other Expenses $2,868,169

TOTAL EXPENSES $5,419,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,432,187	$1,188,309	+3.6%
Expenses	$5,419,458	$1,666,605	+2.3%
Net Income	$12,729	$-478,296	-1.0%

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

$177,172

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN ROBINSON	BOARD SECRETARY	2.00	Director	$0	$0	$0
JOHN LEONARD	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ALAN RUDOLPH	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER PINSONNEAULT	BOARD MEMBER	2.00	Director	$0	$0	$0
JEREMY HELD	BOARD MEMBER	2.00	Director	$0	$0	$0
SEONAH KENDALL	BOARD MEMBER	2.00	Director	$0	$0	$0
BRYAN WILSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JOE ZIMLICH	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICK KANOUFF	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE FREEMAN	CEO	40.00	Officer	$146,986	$30,186	$177,172

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	$5,432,187	$5,419,458	$9,690,456	$12,729
2023	$1,188,309	$1,666,605	$8,408,524	$-478,296
2022	$3,866,520	$2,062,827	$7,857,484	$1,803,693
2021	$6,899,979	$1,030,490	$6,592,095	$5,869,489
2020	$1,082,584	$1,099,043	$334,769	$-16,459
2019	$961,584	$1,018,933	$173,948	$-57,349
2018	$964,427	$1,025,659	$224,105	$-61,232

ROCKY MOUNTAIN INNOVATION INITIATIVE