RAYLE EMC FOUNDATION INC (EIN 844866459) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

JIMMY JOHNSON

Phone

7066782116

Tax Period

2023-01-01 to 2023-12-31

RAYLE EMC FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $105K in total revenue in fiscal year 2023. Expenses of $96K left a modest 8% surplus.

Mission

THE PURPOSE OF THE FOUNDATION SHALL BE THE ACCUMULATION AND DISBURSEMENTS OF FUNDS FOR CHARTIABLE PURPOSES IN THE SERVICE AREA OF RAYLE ELETRIC MEMBERSHIP CORPORATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $104,861

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $104,861

Expense Breakdown

Grants Paid $96,435

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $96,435

Other Expenses $0

TOTAL EXPENSES $96,435

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,861	$103,562	+0.0%
Expenses	$96,435	$96,953	0.0%
Net Income	$8,426	$6,609	+0.3%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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
JIMMY JOHNSON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
WILLIE HARRIS	VICE CHAIRMA	1.00	Officer Director	$0	$0	$0
DEBBIE JACKSON	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
BECKY CRONIC	DIRECTOR	1.00	Director	$0	$0	$0
WINNIE TILLER	DIRECTOR	1.00	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	$104,861	$96,435	$142,622	$8,426
2022	$103,562	$96,953	$134,196	$6,609
2021	$205,754	$78,167	$127,587	$127,587

RAYLE EMC FOUNDATION INC