RIMROCK FOUNDATION (EIN 810302870) - 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

1968

Legal Domicile

Principal Officer

JEFFREY KELLER

Phone

4062483175

Tax Period

2023-01-01 to 2023-12-31

RIMROCK FOUNDATION, founded in 1968, is a community nonprofit that reported $9.8M in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $15.5M exceeded revenue, resulting in a 59% operating deficit.

Mission

COST-EFFECTIVE TREATMENT AND REHABILITATION FOR ADULTS AND ADOLESCENTS.

🔒

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 $36,450

Program Service Revenue $14,278,624

Investment Income $-4,546,215

Other Revenue $7,920

TOTAL REVENUE $9,776,779

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,561,036

Fundraising Expenses $0

Program Expenses $12,921,599

Other Expenses $3,982,102

TOTAL EXPENSES $15,543,138

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,776,779	$15,557,369	-0.4%
Expenses	$15,543,138	$16,083,619	0.0%
Net Income	$-5,766,359	$-526,250	+10.0%

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

186

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

$535,462

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANE HEIGIS	CHAIR	1.00	Officer Director	$0	$0	$0
ALLEN HALTER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JIM ECKENROAD	TREASURY/SECRETARY	1.00	Officer Director	$0	$0	$0
JEFFREY KELLER	PAST CHAIR (TERMED 4.11.23)	1.00	Officer Director	$0	$0	$0
JANI MCCALL	DIRECTOR	1.00	Director	$0	$0	$0
BILL LAMDIN	DIRECTOR	1.00	Director	$0	$0	$0
JOHN ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
STACY ZINN-BRITTAIN	DIRECTOR	1.00	Director	$0	$0	$0
CATHY CULLEN-KUHR	DIRECTOR	1.00	Director	$0	$0	$0
CECI BENTLER	DIRECTOR (TERMED 10.25.23)	1.00	Director	$0	$0	$0
DANIEL BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
BOBBI BLAIN	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON SCALA	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE PINNOW	DIRECTOR	1.00	Director	$0	$0	$0
ADAM LAUWERS	DIRECTOR	1.00	Director	$0	$0	$0
LENNETTE KOSOVICH	CEO (TERMED 06.30.23)	40.00	Officer	$310,451	$2,173	$312,624
JEFFREY KELLER	CEO	40.00	Officer	$116,569	$2,806	$119,375
BURKE KUFELD	CFO (TERMED 4.1.23)	40.00	Officer	$1,252	$0	$1,252
COLLEEN NUERENBERGER	CFO	40.00	Officer	$102,211	$0	$102,211
FRANCES HORN-CHARNESKY	DIRECTOR MENTAL HEALTH SERVICES	40.00	Highest	$105,960	$7,045	$113,005
HEATHER SWETEN	REGISTERED NURSE	40.00	Highest	$114,400	$4,695	$119,095
KALEIGH ROY	REGISTERED NURSE	40.00	Highest	$118,059	$4,706	$122,765
CORALEE SCHMITZ	COO	40.00	Highest	$118,559	$4,857	$123,416
SHARON MULVEHILL	CMO	40.00	Highest	$161,800	$0	$161,800

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	No data	No data	No data	No data
2023	$9,776,779	$15,543,138	$6,300,453	$-5,766,359
2022	$15,557,369	$16,083,619	$12,841,492	$-526,250
2021	$16,747,690	$15,595,571	$13,752,324	$1,152,119
2020	$15,132,600	$13,050,144	$10,440,559	$2,082,456
2019	$12,908,912	$12,127,720	$8,983,346	$781,192
2018	$10,808,084	$11,998,043	$8,187,528	$-1,189,959

RIMROCK FOUNDATION