RAM VETERANS FOUNDATION INC

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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

2022

Legal Domicile

Principal Officer

RICHARD BERMAN

Phone

2024942655

Tax Period

2023-01-01 to 2023-12-31

RAM VETERANS FOUNDATION INC, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $445K in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 19% operating margin.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRC, SPECIFICALLY TO EDUCATE THE PUBLIC ABOUT THE EFFECTIVENESS AND EFFICIENCIES OF CHARITIES PURPORTING TO BE ENGAGED IN HELPING VETERANS AND TO ASSIST OTHER CHARITABLE AND EDUCATIONAL ORGANIZATIONS IN THE CONDUCT OF SIMILAR ACTIVITIES.

Program Service Accomplishments

Program 1

Expenses: $312,870

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE IRC, SPECIFICALLY TO EDUCATE THE PUBLIC ABOUT THE EFFECTIVENESS AND...

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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 (2023)

Revenue Breakdown

Contributions & Grants $445,060

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $445,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $27,132

Program Expenses $312,870

Other Expenses $361,602

TOTAL EXPENSES $361,602

Year-over-Year Comparison

	2023	2022	Change
Revenue	$445,060	$310,832	+0.4%
Expenses	$361,602	$274	+1318.7%
Net Income	$83,458	$310,558	-0.7%

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
REBEKAH MERCER	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD BERMAN	EXECUTIVE DIRECTOR	20.00	Officer Director	$0	$0	$0
ED STUCKY	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM BRUYETTE	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	$445,060	$361,602	$542,310	$83,458
2022	$310,832	$274	$311,558	$310,558