RAISING MULTICULTURAL KIDS (EIN 842333982) - 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

KELLY LAMB

Phone

6179479095

Tax Period

2023-07-01 to 2024-06-30

RAISING MULTICULTURAL KIDS, founded in 2019, is a small nonprofit in the Public & Societal Benefit sector that reported $326K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum.

Mission

RMK IS AN EDUCATIONAL BASED NON-PROFIT ORGANIZATION LOCATED IN SOUTHEASTERN MASSACHUSETTS FOCUSED ON PREPARING YOUTH FOR THE FUTURE WORKFORCE. OUR MISSION IS TO PROVIDE INDIVIDUALS WITH AN INCLUSIVE MINDSET, WHICH CELEBRATES DIFFERENCES, SEEKS OUT NEW PEOPLE AND EXPERIENCES, AND VALUES THE OPPORTUNITY TO WORK COLLABORATIVELY. RAISING MULTICULTURAL KIDS SERVES THE NEEDS OF YOUTH, FAMILIES, EDUCATORS, AND THE GREATER COMMUNITY BY PROVIDING PROGRAMMING AND TRAINING THAT GIVES PEOPLE THE SKILLS NECESSARY TO THRIVE IN A DIVERSE WORKFORCE AND GLOBAL ECONOMY.

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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 $197,114

Program Service Revenue $104,056

Investment Income $722

Other Revenue $23,676

TOTAL REVENUE $325,568

Expense Breakdown

Grants Paid $0

Salaries & Benefits $253,355

Fundraising Expenses $14,012

Program Expenses $252,214

Other Expenses $69,639

TOTAL EXPENSES $322,994

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,568	$228,743	+0.4%
Expenses	$322,994	$208,635	+0.5%
Net Income	$2,574	$20,108	-0.9%

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

$7,500

Total Directors

$94,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE LANE	DIRECTOR	40.00	Director	$86,650	$0	$86,650
KELLY LAMB	PRESIDENT	45.00	Officer Director	$7,500	$0	$7,500
ANGELA CLARK	TREASUER	2.50	Officer Director	$0	$0	$0
JACQUELINE GRANT	CLERK	2.50	Officer Director	$0	$0	$0
MARIA MONTEIRO	VICE PRESIDE	2.50	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
2025	No data	No data	No data	No data
2024	$325,568	$322,994	$96,282	$2,574
2023	$228,743	$208,635	$93,708	$20,108
2022	$333,398	$287,737	$73,600	$45,661

RAISING MULTICULTURAL KIDS