RICHPLUSS INC (EIN 850992026) - 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

2020

Legal Domicile

Principal Officer

GLOIRE NDONGALA

Phone

8019417661

Tax Period

2024-01-01 to 2024-12-31

RICHPLUSS INC, founded in 2020, is a micro nonprofit in the Human Services sector that reported $217 in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $3K exceeded revenue, resulting in a 1076% operating deficit.

Mission

RICHPLUSS INC IS A FAITH-BASED ORGANIZATION FORMED SOLELY FOR THE PURPOSE OF BUILDING AND OPERATING ORPHANAGES, CHURCHES, AND MEDICAL FACILITIES FOR THE LESS FORTUNATE AND RELATED FACILITIES WHERE DEMAND IS NOT CURRENTLY BEING MET THROUGH EITHER NONEXISTENT, OR INADEQUATELY SIZED FACILITIES BOTH LOCALLY AND ABROAD. AS SUCH, ALL OF OUR ACTIVITIES WILL BE FAITH-BASED AND CHARITABLE IN NATURE WORKING TOWARDS THAT GOAL.

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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 $217

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,553

TOTAL EXPENSES $2,553

Year-over-Year Comparison

	2024	2023	Change
Revenue	$217	$363	-0.4%
Expenses	$2,553	$4,153	-0.4%
Net Income	$-2,336	$-3,790	-0.4%

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

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
PAUL CHISHALA	DIRECTOR	N/A	Director	$0	$0	$0
TANYA HARPER	TREASURER	N/A	Officer Director	$0	$0	$0
GLOIRE NDONGALA	PRESIDENT	N/A	Officer Director	$0	$0	$0
KATIE NDONGALA	DIRECTOR	N/A	Director	$0	$0	$0
MELONIE PARMLEY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MICHAEL STALEY	DIRECTOR	N/A	Director	$0	$0	$0
RAIISAH UMBA	SECRETARY	N/A	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	$217	$2,553	$373	$-2,336
2023	$363	$4,153	$2,709	$-3,790
2022	No data	$2,120	$6,499	No data

RICHPLUSS INC