SAN FRANCISCO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE RICHMOND ERMET AID FOUNDATION, founded in 1994, is a small nonprofit in the Diseases & Disorders sector that reported $357K in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $427K exceeded revenue, resulting in a 19% operating deficit.
TO CONTRIBUTE NET PROCEEDS FROM ANNUAL MUSICAL VARIETY SHOW TO CERTAIN CHARITABLE ORGANIZATIONS THAT PROVIDE SERVICES TO AIDS PATIENTS,SUPPORT HUNGER PROGRAMS, PROGRAMS FOR HOMELESS,AND UNDER SERVED YOUTH IN THE SAN FRANCISCO BAY AREA.
The Richmond/Ermet Aid Foundation (REAF) is a non-profit organization dedicated to raising funds for HIV/AIDS services, hunger programs and programs for underserved youth in the San Francisco Bay...
The Richmond/Ermet Aid Foundation (REAF) is a non-profit organization dedicated to raising funds for HIV/AIDS services, hunger programs and programs for underserved youth in the San Francisco Bay Area. Funding cuts to HIV/AIDS services are on the rise. Our mission is to raise funds through quality entertainment events to help fill that funding gap to ensure life-sustaining services continue to be available for the thousands of men, women and children living with or at risk of HIV/AIDS.Due to increasing need for support, we have expanded our scope to support hunger programs and programs for homeless and under served youth in the San Francisco Bay Area.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $357,229 | $330,696 | +0.1% |
| Expenses | $426,864 | $325,301 | +0.3% |
| Net Income | $-69,635 | $5,395 | -13.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PATRICK GALLINEAUX | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| CAMERON STIEHL | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| SOPHIE AZOAOU | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| KATHLEEN BRENNEN | HUMAN RESOURCES | 6.00 |
Director
|
$0 | $0 | $0 |
| GREGORY HAMMER | MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| GARY THACKERAY | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| BETH SCHNITZER | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| BRENT MAREK | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| CECIL RUSSELL | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| JEFFREY DONEY | Director | 6.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH SEILER | President | 10.00 |
Officer
|
$0 | $0 | $0 |
| KENNETH HENDERSON | Executive Direc | 40.00 |
Officer
|
$0 | $0 | $0 |
| EMMANUEL SANTOS | CFO | 6.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $357,229 | $426,864 | $80,211 | $-69,635 |
| 2022 | $330,696 | $325,301 | $151,737 | $5,395 |
| 2019 | $482,480 | $479,632 | $133,395 | $2,848 |
| 2018 | $473,188 | $422,394 | $129,521 | $50,794 |
Compare THE RICHMOND ERMET AID FOUNDATION with other nonprofits in California and across the country.