Romanian United Fund (EIN 842755681) - 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

Mihai Lehene

Phone

7156105940

Tax Period

2023-01-01 to 2023-12-31

Romanian United Fund, founded in 2019, is a small nonprofit in the International Affairs sector that reported $852K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 41% operating deficit.

Mission

Mobilizing the network and charitable resources of the Romanian diaspora to accomplish impactful projects in Romania that advance education, health, the protection of human and civil rights, the relief of poverty, social and economic development, arts, culture, the environment.

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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 $788,124

Program Service Revenue $0

Investment Income $64,163

Other Revenue $0

TOTAL REVENUE $852,287

Expense Breakdown

Grants Paid $846,755

Salaries & Benefits $0

Fundraising Expenses $51,123

Program Expenses $979,891

Other Expenses $355,136

TOTAL EXPENSES $1,201,891

Year-over-Year Comparison

	2023	2022	Change
Revenue	$852,287	$1,152,178	-0.3%
Expenses	$1,201,891	$2,125,981	-0.4%
Net Income	$-349,604	$-973,803	-0.6%

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

400

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
Mihai Lehene	President	40.00	Officer Director	$0	$0	$0
Cristian Luput	Treasurer	2.00	Officer Director	$0	$0	$0
Ligia Apostoaia	Secretary	2.00	Officer Director	$0	$0	$0
Dan Nicolae	Director	2.00	Director	$0	$0	$0
Daniela Kammrath	Director	2.00	Director	$0	$0	$0
George Roth	Director	2.00	Director	$0	$0	$0
Otilia Baraboi	Director	2.00	Director	$0	$0	$0
Marius Stan	Director	2.00	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	$852,287	$1,201,891	$114,583	$-349,604
2022	$1,152,178	$2,125,981	$471,437	$-973,803
2021	$1,573,676	$203,825	$1,437,323	$1,369,851
2020	$906,705	$948,764	$67,472	$-42,059
2019	$156,672	$47,322	$109,571	$109,350

Romanian United Fund