Rural Engagement and Vitality Center

EIN: 921375775 501(c)(3) Employment

Enterprise, OR

Total Revenue
$233,310
Total Expenses
$166,902
Total Assets
$69,630
Net Assets
$66,408
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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
OR
Principal Officer
Grace Donovan
Phone
5419623012
Tax Period
2023-01-01 to 2023-12-31

Rural Engagement and Vitality Center, founded in 2022, is a small nonprofit in the Employment sector that reported $233K in total revenue in fiscal year 2023. The organization ran a surplus of $66K, a strong 28% operating margin.

Mission

The Rural Engagement & Vitality Center cultivates vibrant and prosperous communities in rural Eastern Oregon by connecting university resources with local community needs and creates pathways for graduates to remain in, or return, to Eastern Oregon.

Program Service Accomplishments

Program 1
Expenses: $120,868 Revenue: $120,310

The Rural Engagement & Vitality Center (REV) supports thriving rural communities by making university resources available to rural Eastern Oregon communities in support of community-driven...

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The Rural Engagement & Vitality Center (REV) supports thriving rural communities by making university resources available to rural Eastern Oregon communities in support of community-driven initiatives. REV matches community needs with faculty expertise and hires college students to connect communities with talent while simultaneously offering students hands-on career and professional development opportunities, increasing the likelihood they remain or return to Eastern Oregon after graduation. (Continued on Schedule O)In 2023, REV provided data analysis, policy recommendations, community engagement, and research for 10 eastern Oregon counties, authored one report for Morrow County on transportation equity, revised one report for the Blues Intergovernmental Council on forestland management, and one report for Business Oregon on innovation ecosystems in northeastern Oregon. REV hired 15 student interns and worked with 37 partners.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $113,000
Program Service Revenue $120,310
Investment Income $0
Other Revenue $0
TOTAL REVENUE $233,310

Expense Breakdown

Grants Paid $0
Salaries & Benefits $135,808
Fundraising Expenses $4,389
Program Expenses $120,868
Other Expenses $31,094
TOTAL EXPENSES $166,902

Year-over-Year Comparison

2023 2022 Change
Revenue $233,310 N/A N/A
Expenses $166,902 N/A N/A
Net Income $66,408 $0 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

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Governance

Voting Members
4
Independent Members
4
Employees
4
Volunteers
9

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
6
$68,300
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nels Gabbert Board Chair 1.00
Officer Director
$0 $0 $0
Lisa Dawson Director 1.00
Director
$0 $0 $0
Richard Chaves Director (Until July) 1.00
Director
$0 $0 $0
Lara Moore Director 1.00
Director
$0 $0 $0
Kelly Ryan Director (As of July) 1.00
Director
$0 $0 $0
Grace Donovan Executive Director (As of April) 40.00
Officer
$66,000 $2,300 $68,300
Tim Seydel President 2.00
Officer
$0 $0 $0
Nils Christofferson Vice President 2.00
Officer
$0 $0 $0
Joni Maasdam Treasurer 2.00
Officer
$0 $0 $0
Lori Baird Secretary 2.00
Officer
$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 $233,310 $166,902 $69,630 $66,408
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