RECREATION FOUNDATION INC (EIN 931185531) - 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

1995

Legal Domicile

Principal Officer

WILLIAM RICHARDSON

Phone

5414828806

Tax Period

2023-01-01 to 2023-12-31

RECREATION FOUNDATION INC, founded in 1995, is a small nonprofit in the Arts, Culture & Humanities sector that reported $286K in total revenue in fiscal year 2023. The organization ran a surplus of $112K, a strong 39% operating margin.

Mission

TO BE AND BECOME THE NEXT GRANDEST VERSION OF THE GREATEST VISION WE EVER WE HELD ABOUT WHO WE ARE; FROM THE CONVERSATION WITH GOD BOOKS.

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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 $223,687

Program Service Revenue $62,666

Investment Income $50

Other Revenue $0

TOTAL REVENUE $286,403

Expense Breakdown

Grants Paid $0

Salaries & Benefits $105,847

Fundraising Expenses $0

Other Expenses $68,654

TOTAL EXPENSES $174,501

Year-over-Year Comparison

	2023	2022	Change
Revenue	$286,403	N/A	N/A
Expenses	$174,501	N/A	N/A
Net Income	$111,902	N/A	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

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

$90,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM RICHARDSON	President	25.00	Officer	$30,000	$0	$30,000
LAURA ROSAS	ADMINISTRATOR	25.00	Officer	$30,000	$0	$30,000
JR WESTEN	Executive Dir.	25.00	Officer	$30,000	$0	$30,000
CATHREEN BOLTON	Secretary	0.50	Officer	$0	$0	$0
ANNIE SIMMS	Vice President	0.50	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
2023	$286,403	$174,501	$213,523	$111,902
2021	$156,824	$163,736	$179,958	$-6,912
2020	$165,544	$164,501	$177,267	$1,043
2019	$249,865	$175,132	$178,372	$74,733

RECREATION FOUNDATION INC