TERRANCE RICHARDSON DREAM BELIEVE WORK

EIN: 812183615 501(c)(3) Philanthropy & Grantmaking

ROLAND, AR

Total Revenue
$63,587
Total Expenses
$63,587
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
AR
Principal Officer
TANIESHA RICHARDSON WILEY
Phone
5012570713
Tax Period
2020-01-01 to 2020-12-31

TERRANCE RICHARDSON DREAM BELIEVE WORK, founded in 2016, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $64K in total revenue in fiscal year 2020.

Mission

The T. Rich Foundation, Inc.'s mission is to open doors of opportunity for the advancement of our next generation through mentorship initiatives and scholarship opportunities.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $63,587
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $63,587

Expense Breakdown

Grants Paid $29,139
Salaries & Benefits $26,663
Fundraising Expenses $0
Program Expenses $30,002
Other Expenses $7,785
TOTAL EXPENSES $63,587

Year-over-Year Comparison

2020 2019 Change
Revenue $63,587 N/A N/A
Expenses $63,587 N/A N/A
Net Income $0 N/A N/A
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE EAVES VICE PRESIDENT 7
Director
$0 $0 $0
JACKIE RICHARDSON SR DIRECTOR 4
Director
$0 $0 $0
TERICA RICHARDSON DIRECTOR 20
Director
$0 $0 $0
TIFFANY VINEYARD PRESIDENT 10
Director
$0 $0 $0
JACKIE RICHARDSON JR DIRECTOR OF FINANCE 5
Director
$0 $0 $0
TANIESHA RICHARDSON WILEY DIRECTOR OF COMMUNICATIONS 5
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
2020 $63,587 $63,587 No data No data
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