THE RITE PLAN INITIATIVE CORPORATION

EIN: 830896051 501(c)(3)

East Saint Louis, IL

Total Revenue
$163,900
Total Expenses
$173,232
Total Assets
$657
Net Assets
$657
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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
2018
Legal Domicile
IL
Tax Period
2021-01-01 to 2021-12-31

THE RITE PLAN INITIATIVE CORPORATION, founded in 2018, is a small nonprofit that reported $164K in total revenue in fiscal year 2021.

Mission

The RITE Plan Initiative is a nationwide effort to revitalize impoverished and rural communities through the creation of Infrastructure & Construction, Paths to Citizenship, Clean Energy, Sustainable Farming, Healthcare, Jobs, and Education Programs.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $78,300
Investment Income $0
Other Revenue $85,600
TOTAL REVENUE $163,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $80,066
Other Expenses $173,232
TOTAL EXPENSES $173,232

Year-over-Year Comparison

2021 2020 Change
Revenue $163,900 $163,986 0.0%
Expenses $173,232 $173,398 0.0%
Net Income $-9,332 $-9,412 0.0%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
20

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZOELLE ZERO DIRECTOR 0.00
Director
$0 $0 $0
SHEILA HAYDEN TREASURER 0.00
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
2021 $163,900 $173,232 $657 $-9,332
2020 $445,666 $436,234 $9,432 $9,432
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