RECONNECTRONDO (EIN 815201910) - 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

2017

Legal Domicile

Principal Officer

MARVIN ROGER ANDERSON

Phone

6516444926

Tax Period

2023-01-01 to 2023-12-31

RECONNECTRONDO, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum. Expenses of $2.1M left a modest 12% surplus.

Mission

OUR MISSION IS TO LEAD THE EFFORT TO REVITALIZE THE RONDO COMMUNITY WITH A LAND BRIDGE THAT RECONNECTS RONDO AND REIGNITES A VIBRANT AFRICAN AMERICAN CULTURAL ENTERPRISE DISTRICT IN SAINT PAUL, MN.

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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 $2,183,868

Program Service Revenue $170,535

Investment Income $379

Other Revenue $0

TOTAL REVENUE $2,354,782

Expense Breakdown

Grants Paid $0

Salaries & Benefits $530,196

Fundraising Expenses $90,228

Program Expenses $1,784,633

Other Expenses $1,549,205

TOTAL EXPENSES $2,079,401

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,354,782	$1,445,143	+0.6%
Expenses	$2,079,401	$1,599,261	+0.3%
Net Income	$275,381	$-154,118	-2.8%

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

$135,387

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARVIN ROGER ANDERSON	BOARD CHAIR	7.00	Officer Director	$0	$0	$0
ANGELICA N ENWESI-IMHOEDE	TREASURER	2.00	Officer Director	$0	$0	$0
MARY BOYD	BOARD MEMBER	2.00	Director	$0	$0	$0
NATHANIEL KHALIQ	BOARD MEMBER	2.00	Director	$0	$0	$0
MARGARET LOVEJOY	BOARD MEMBER	2.00	Director	$0	$0	$0
MATT HILL	BOARD MEMBER	2.00	Director	$0	$0	$0
NOEL NIX	BOARD MEMBER	2.00	Director	$0	$0	$0
KEITH ALLEN	BOARD MEMBER	2.00	Director	$0	$0	$0
APRIL LUCAS	BOARD MEMBER	2.00	Director	$0	$0	$0
DANIEL WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
KEITH BAKER	EXECUTIVE DI	40.00	Officer	$135,387	$0	$135,387

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	$2,354,782	$2,079,401	$369,995	$275,381
2022	$1,445,143	$1,599,261	$206,111	$-154,118
2021	$252,726	$336,515	$36,696	$-83,789
2020	$230,051	$302,423	$117,339	$-72,372
2019	$289,958	$230,793	$194,584	$59,165

RECONNECTRONDO