RIPPLE EFFECT ENTREPRENEURS FUND INC (EIN 831688000) - 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

2018

Legal Domicile

Principal Officer

CHANA FRIEDLAND

Phone

7329052400

Tax Period

2023-01-01 to 2023-12-31

RIPPLE EFFECT ENTREPRENEURS FUND INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $755K in total revenue in fiscal year 2023. The organization ran a surplus of $538K, a strong 71% operating margin.

Mission

RIPPLE EFFECT ENTREPRENEURS FUND (REEF) IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO PROVIDE COMMUNITY ECONOMIC DEVELOPMENT TO UNDERSERVED PEOPLE AND COMMUNITIES. REEF PROVIDES LOANS AND TECHNICAL ASSISTANCE TO HELP BORROWERS AND LOW INCOME INDIVIDUALS CREATE AND GROW SUSTAINABLE BUSINESSES.

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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 $755,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $755,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $107,396

Fundraising Expenses $0

Program Expenses $186,319

Other Expenses $109,231

TOTAL EXPENSES $216,627

Year-over-Year Comparison

	2023	2022	Change
Revenue	$755,000	$729,000	+0.0%
Expenses	$216,627	$50,015	+3.3%
Net Income	$538,373	$678,985	-0.2%

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

N/A

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
ISRAEL C BLUMENTHAL	TRUSTEE	6.00	Director	$0	$0	$0
ELIYAHU FRIED	TRUSTEE	12.00	Director	$0	$0	$0
CHANA FRIEDLAND	TRUSTEE	16.00	Director	$0	$0	$0
ADELE ROSENBERG	TRUSTEE	12.00	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	$755,000	$216,627	$3,288,161	$538,373
2022	$729,000	$50,015	$1,999,799	$678,985
2021	$704,400	$87,984	$1,320,814	$616,416
2020	$261,400	$44,525	$704,470	$216,875
2019	$440,750	$49,628	$487,654	$391,122

RIPPLE EFFECT ENTREPRENEURS FUND INC