Arrabon Inc

EIN: 843273831 501(c)(3) Religion

Richmond, VA

Total Revenue
$1,130,081
Total Expenses
$1,302,766
Total Assets
$829,274
Net Assets
$821,029
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
VA
Principal Officer
Kristi Epp
Phone
8044802665
Tax Period
2024-07-01 to 2025-06-30

Arrabon Inc, founded in 2019, is a community nonprofit in the Religion sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $1.3M exceeded revenue, resulting in a 15% operating deficit.

Mission

Arrabon is a spiritual formation ministry that equips Christ-followers to actively and creatively pursue healing and reconciliation in their communities.

Program Service Accomplishments

Program 1
Expenses: $899,724 Revenue: $238,162

Arrabon is a religious, charitable, and educational organization that exists to equip Christian Leaders and their communities to effectively engage in reconciliation through training.The word...

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Arrabon is a religious, charitable, and educational organization that exists to equip Christian Leaders and their communities to effectively engage in reconciliation through training.The word "Arrabon" means a "foretaste of what is to come". Arrabon believes the Church should be a foretaste of a reconciled heaven for a divided world. Through Arrabon's primary activities of training and curriculum development, it seeks to educate and train the Church on racial reconciliation and hope for local communities.Arrabon's main sources of revenue are contributions and fees for services. Within fees for services, Arrabon facilitates various study series for small groups and trainings to help organizational leaders, staff, and key volunteers learn how to form their institutions for reconciliation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $858,233
Program Service Revenue $238,162
Investment Income $31,942
Other Revenue $1,744
TOTAL REVENUE $1,130,081

Expense Breakdown

Grants Paid $0
Salaries & Benefits $758,021
Fundraising Expenses $135,905
Program Expenses $899,724
Other Expenses $544,745
TOTAL EXPENSES $1,302,766

Year-over-Year Comparison

2024 2023 Change
Revenue $1,130,081 $1,005,801 +0.1%
Expenses $1,302,766 $1,462,994 -0.1%
Net Income $-172,685 $-457,193 -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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
16
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
4
$137,108
Total Directors
7
$137,108
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Bailey Founder and Chief Executive 40.00
Officer Director
$119,793 $17,315 $137,108
Nikolle Reyes Chairman 5.00
Officer Director
$0 $0 $0
Donald Colman Pastor-in-Resident 5.00
Officer Director
$0 $0 $0
Britt Glisson Treasurer 5.00
Officer Director
$0 $0 $0
Kim Robinson Director 5.00
Director
$0 $0 $0
Kevin Young Secretary 5.00
Director
$0 $0 $0
Terri Matthew Director 5.00
Director
$0 $0 $0
Beth Cossin Chief Strategy Officer 40.00
Highest
$104,100 $0 $104,100
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 $1,130,081 $1,302,766 $829,274 $-172,685
2024 $1,005,801 $1,462,994 $1,018,338 $-457,193
2023 $1,564,055 $1,576,310 $1,473,787 $-12,255
2022 $2,350,562 $931,318 $1,550,749 $1,419,244
2021 $580,388 $588,603 $102,155 $-8,215
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