RICHCROFT FOUNDATION INC (EIN 863866999) - 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

2021

Legal Domicile

Principal Officer

KEVIN DRUMHELLER

Phone

4107853274

Tax Period

2024-07-01 to 2025-06-30

RICHCROFT FOUNDATION INC, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $405K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

Richcroft Foundation, Inc. is operated exclusively to support and benefit the mission and programs of Richcroft, Inc., an organization that provides residential, educational and other support services to people with intellectual and other developmental disabilities.

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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 $0

Program Service Revenue $0

Investment Income $404,983

Other Revenue $0

TOTAL REVENUE $404,983

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$404,983	$282,311	+0.4%
Expenses	N/A	N/A	N/A
Net Income	N/A	$282,311	N/A

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

N/A

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

$633,908

Total Directors

$356,922

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN DRUMHELLER	CEO	1.00	Officer Director	$0	$44,291	$356,922
MICHAEL HARGEST	CFO	0.25	Officer	$0	$40,066	$276,986
WAYNE MATHEU	President	0.00	Director	$0	$0	$0
DAVE BAKER	Treasurer	0.00	Director	$0	$0	$0
ROB STARR	Secretary	0.00	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
2025	$404,983	No data	$6,135,367	No data
2024	$282,311	No data	$5,730,384	No data
2023	$102,143	No data	$4,597,573	No data
2022	No data	$25,431	$3,495,430	No data

RICHCROFT FOUNDATION INC