RURAL HEALTHCARE INITIATIVE INC (EIN 934917908) - 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

ROBERT WILSON JR

Phone

9193293870

Tax Period

2024-01-01 to 2024-12-31

RURAL HEALTHCARE INITIATIVE INC, founded in 2021, is a community nonprofit in the Health Care sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.3M, a strong 51% operating margin.

Mission

RURAL HEALTHCARE INITIATIVE, INC.'S PURPOSE AND MISSION IS TO PROMOTE THE COMMON INTERESTS AND IMPROVE THE BUSINESS CONDITIONS OF HEALTHCARE PROVIDERS IN RURAL AREAS OF THE UNITED STATES BY CREATING EFFECTIVE MODELS OF SUSTAINABLE HEALTHCARE FOR RURAL COMMUNITIES, ENHANCING FINANCIAL OPPORTUNITIES, DEVELOPING RELATIONSHIPS AND NETWORKS, BY JOINING BUSINESSES AND INDIVIDUAL STAKEHOLDERS IN THE HEALTHCARE INDUSTRY, IMPLEMENTING AND MAINTAINING TARGETED STRATEGIC PLANS, AND SERVING AS A LEADER AND ADVOCATE FOR OBTAINING FINANCIAL AND OTHER SPECIALIZED RESOURCES NECESSARY TO SUPPORT AND SUSTAIN RURAL HEALTHCARE IN THE UNITED STATES.

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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 $2,500,000

Program Service Revenue $0

Investment Income $43,418

Other Revenue $0

TOTAL REVENUE $2,543,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,217,663

Other Expenses $1,252,615

TOTAL EXPENSES $1,252,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,543,418	N/A	N/A
Expenses	$1,252,615	N/A	N/A
Net Income	$1,290,803	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

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
ROBERT WILSON JR	CEO & CHAIRM	3.00	Officer Director	$0	$0	$0
TERRY CARDEN	TREASURER	0.50	Director	$0	$0	$0
STEVE STEINBACHER	SECRETARY	1.00	Director	$0	$0	$0
DAWN CARTER	VICE CHAIR	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	$2,543,418	$1,252,615	$1,290,803	$1,290,803

RURAL HEALTHCARE INITIATIVE INC