RVN3 FOUNDATION INC (EIN 833770089) - 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

2019

Legal Domicile

Principal Officer

RICHARD V NIELSEN JR

Phone

9289781550

Tax Period

2024-01-01 to 2024-12-31

RVN3 FOUNDATION INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $357K in total revenue in fiscal year 2024. Revenue surged 410% from the prior year, signaling strong growth momentum. The organization ran a surplus of $250K, a strong 70% operating margin.

Mission

RVN3 HELPS AT RISK YOUTH BY PAYING FOR SPORTS FEES, COSTS, & EQUIPMENT SO THEY ARE ABLE TO STAY MOTIVATED & INVOLVED IN POSITIVE EXTRACURICULAR ACTIVITIES.THEY ALSO PROVIDE FAMILY ASSISTANCE VIA A CAR SEAT DISTRIBUTION PROGRAM & MEDICAL BILL PAYMENT ASSISTANCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $356,984

Program Service Revenue $0

Investment Income $12

Other Revenue $0

TOTAL REVENUE $356,996

Expense Breakdown

Grants Paid $53,198

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $104,893

Other Expenses $53,887

TOTAL EXPENSES $107,085

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,996	$69,934	+4.1%
Expenses	$107,085	$68,940	+0.6%
Net Income	$249,911	$994	+250.4%

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

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
MARTI A NIELSEN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT W NIELSEN	DIRECTOR	1.00	Director	$0	$0	$0
NATASHA A NIELSEN	DIRECTOR	2.00	Director	$0	$0	$0
SHANE E KEITH	DIRECTOR	1.00	Director	$0	$0	$0
MARK HENNING	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA BURKE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD V NIELSEN JR	DIRECTOR	2.00	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
2024	$356,996	$107,085	$266,141	$249,911

RVN3 FOUNDATION INC