RAF NEW INC (EIN 932369284) - 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

2023

Legal Domicile

Principal Officer

BOGDAN VERNESCU

Phone

2128124362

Tax Period

2023-06-23 to 2023-12-31

RAF NEW INC, founded in 2023, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2023. The organization ran a surplus of $2.3M, a strong 100% operating margin.

Mission

TO STRENGTHEN AND PROMOTE CONDITIONS FOR A SUSTAINABLE MARKET ECONOMY AND A DEMOCRATIC SOCIETY THAT PROVIDES ACCESS TO OPPORTUNITY FOR ALL SEGMENTS OF THE ROMANIAN SOCIETY.

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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 $2,318,999

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,318,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $10,541

TOTAL EXPENSES $10,541

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,318,999	N/A	N/A
Expenses	$10,541	N/A	N/A
Net Income	$2,308,458	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

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

$160,561

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAIGE ALEXANDER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MAGDALENA MANEA	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
DINU-MIHAIL BUMBCEA	TRUSTEE	1.00	Officer Director	$0	$0	$0
KRISTINA PERKIN DAVISON	TRUSTEE	0.50	Director	$0	$0	$0
BOGDAN VERNESCU	TRUSTEE	0.50	Director	$0	$0	$0
JAMES J JACKSON	TRUSTEE	0.50	Director	$0	$0	$0
GARY HATTEM	TRUSTEE	0.50	Director	$0	$0	$0
CRISTIAN NACU	TRUSTEE	0.50	Director	$0	$0	$0
JOYCE S KLINE	TRUSTEE	0.50	Director	$0	$0	$0
ADRIAN IONESCU	TRUSTEE	0.50	Director	$0	$0	$0
WALTER VEIRS	TRUSTEE	0.50	Director	$0	$0	$0
KRYSTYNA WOLNIAKOWSKI	TRUSTEE	0.50	Director	$0	$0	$0
CHRISTOPHER WORMAN	TRUSTEE	0.50	Director	$0	$0	$0
ROXANA VITAN	PRESIDENT	6.00	Officer	$0	$0	$94,447
BOGDAN GIURGINCA	TREASURER & CFO	10.00	Officer	$0	$0	$66,114
ARTHUR HICKOK	CORPORATE SECRETARY	2.00	Officer	$0	$0	$0
EMILY GRAND	ASSISTANT CORPORATE 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	$2,318,999	$10,541	$2,308,458	$2,308,458

RAF NEW INC