RICHMONDER INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2024

Legal Domicile

Principal Officer

MICHAEL PHILLIPS

Phone

8045172398

Tax Period

2025-01-01 to 2025-12-31

RICHMONDER INC, founded in 2024, is a small nonprofit in the Public & Societal Benefit sector that reported $731K in total revenue in fiscal year 2025. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $708K left a modest 3% surplus.

Mission

WE REPORT ON COMMUNITY EVENTS AND PEOPLE DOING WORK IN RICHMOND, VIRGINIA, AS A WAY OF ELEVATING THE CONVERSATION. BY PROVIDING TIMELY, ACCURATE AND UNBIASED INFORMATION, WE PROVIDE THE CONDITIONS FOR CIVIC LIFE TO FLOURISH.

Program Service Accomplishments

Program 1

Expenses: $649,226

THE RICHMONDER LAUNCHED ITS WEBSITE AND THRICE-WEEKLY NEWSLETTER, GROWING TO MORE THAN 60,000 UNIQUE WEBSITE VISITORS PER MONTH BY THE END OF THE YEAR, AND PROVING THAT THERE IS A NEED FOR QUALITY...

THE RICHMONDER LAUNCHED ITS WEBSITE AND THRICE-WEEKLY NEWSLETTER, GROWING TO MORE THAN 60,000 UNIQUE WEBSITE VISITORS PER MONTH BY THE END OF THE YEAR, AND PROVING THAT THERE IS A NEED FOR QUALITY LOCAL NEWS THAT THE MARKET IS NOT CURRENTLY FILLING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $734,141

Program Service Revenue $0

Investment Income $6,403

Other Revenue $-9,574

TOTAL REVENUE $730,970

Expense Breakdown

Grants Paid $0

Salaries & Benefits $518,081

Fundraising Expenses $30,995

Program Expenses $649,226

Other Expenses $189,490

TOTAL EXPENSES $707,571

Year-over-Year Comparison

	2025	2024	Change
Revenue	$730,970	$465,429	+0.6%
Expenses	$707,571	$194,085	+2.6%
Net Income	$23,399	$271,344	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE ESTES	BOARD MEMBER	2.00	Director	$0	$0	$0
GRETA HARRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
BLAINE LAY	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
OTESA MILES	BOARD MEMBER	2.00	Director	$0	$0	$0
TIM TALIAFERRO	BOARD MEMBER	2.00	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
2025	$730,970	$707,571	$294,617	$23,399
2024	$465,429	$194,085	$277,259	$271,344