OREMUNDO INC (EIN 813675257) - 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

2016

Legal Domicile

Principal Officer

Russell Raymer

Phone

9568215119

Tax Period

2023-01-01 to 2023-12-31

OREMUNDO INC, founded in 2016, is a small nonprofit in the Education sector that reported $143K in total revenue in fiscal year 2023. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $211K exceeded revenue, resulting in a 47% operating deficit.

Mission

Providing educational resources and training of national workers in various parts of the world. Aiding and assisting churches and training institutions to accomplish this goal.

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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 (2023)

Revenue Breakdown

Contributions & Grants $142,332

Program Service Revenue $0

Investment Income $0

Other Revenue $1,051

TOTAL REVENUE $143,383

Expense Breakdown

Grants Paid $103,947

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $103,947

Other Expenses $107,163

TOTAL EXPENSES $211,110

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,383	$320,814	-0.6%
Expenses	$211,110	$227,736	-0.1%
Net Income	$-67,727	$93,078	-1.7%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan Latham	President	10	Officer Director	$0	$0	$0
Edward Woodfield	Vice-President	5	Officer Director	$0	$0	$0
Russell Raymer	Secretary-Director	40	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
2024	No data	No data	No data	No data
2023	$143,383	$211,110	$54,969	$-67,727
2022	$320,814	$227,736	$122,696	$93,078

OREMUNDO INC