RASM Realtors Charitable Foundation Inc (EIN 854232393) - 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

Arakelian Jeff

Phone

9419523400

Tax Period

2024-01-01 to 2024-12-31

RASM Realtors Charitable Foundation Inc, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $312K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $347K exceeded revenue, resulting in a 11% operating deficit.

Mission

The RRCFs mission is to enhance the quality of life and opportunities in Sarasota and Manatee counties, and support RASM members in need, through the direct gifts of RASM members.

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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 $284,080

Program Service Revenue $0

Investment Income $8,322

Other Revenue $19,141

TOTAL REVENUE $311,543

Expense Breakdown

Grants Paid $346,151

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $346,151

Other Expenses $849

TOTAL EXPENSES $347,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$311,543	$226,979	+0.4%
Expenses	$347,000	$169,741	+1.0%
Net Income	$-35,457	$57,238	-1.6%

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

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

$245,503

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Arakelian	CEO	0.50	Officer	$0	$7,503	$245,503
Brian Tresidder	President	0.50	Officer Director	$0	$0	$0
Tony Barrett	President-Elect	0.50	Officer Director	$0	$0	$0
Debi Reynolds	Vice President	0.50	Officer Director	$0	$0	$0
Anita Lambert	Treasurer	0.50	Officer Director	$0	$0	$0
David Clapp	Director	0.50	Director	$0	$0	$0
David Crawford	Director	0.50	Director	$0	$0	$0
Alex Krumm	Director	0.50	Director	$0	$0	$0
Brian Partie	Director	0.50	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	$311,543	$347,000	$195,249	$-35,457
2023	$226,979	$169,741	$220,206	$57,238
2022	$175,532	$80,023	$162,968	$95,509

RASM Realtors Charitable Foundation Inc