RAGS FOR RICHES FOUNDATION

EIN: 954402623 501(c)(3) Unknown

CULVER CITY, CA

Total Revenue
N/A
Total Expenses
$38,148
Total Assets
$69,138
Net Assets
$69,138
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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
1993
Legal Domicile
CA
Principal Officer
MICHAEL GELLER
Phone
3107332100
Tax Period
2023-09-01 to 2024-08-31

Mission

TO RAISE MONIES FOR CHARITIES

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $29,300
Salaries & Benefits $0
Fundraising Expenses $8,041
Program Expenses $29,300
Other Expenses $8,848
TOTAL EXPENSES $38,148

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $69,543 -1.0%
Expenses $38,148 $136,799 -0.7%
Net Income N/A $-67,256 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
3
Independent Members
3
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN GELLER PRESIDENT 0.00
Officer
$0 $0 $0
MICHAEL GELLER CHIEF FINANCIAL OFFICER 0.00
Officer
$0 $0 $0
MARK STEINMAN SECRETARY 0.00
Officer
$0 $0 $0
MARK WEINSTEIN CHIEF OPERATING OFFICER 0.00
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 $38,148 $69,138 No data
2023 $69,543 $136,799 $107,286 $-67,256
2022 $80,576 $244,076 $174,542 $-163,500
2021 $233,008 $39,537 $338,042 $193,471
2020 $107,429 $150,130 $144,571 $-42,701
2019 $333,393 $273,746 $187,272 $59,647
2018 $227,100 $235,863 $127,625 $-8,763
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