RICHMONDER INC

EIN: 993286029 501(c)(3) Public & Societal Benefit

RICHMOND, VA

Total Revenue
$465,429
Total Expenses
$194,085
Total Assets
$277,259
Net Assets
$271,344
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2024
Legal Domicile
VA
Principal Officer
MICHAEL PHILLIPS
Phone
8045172398
Tax Period
2024-01-01 to 2024-12-31

RICHMONDER INC, founded in 2024, is a small nonprofit in the Public & Societal Benefit sector that reported $465K in total revenue in fiscal year 2024. The organization ran a surplus of $271K, a strong 58% operating margin.

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.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $463,872
Program Service Revenue $0
Investment Income $1,557
Other Revenue $0
TOTAL REVENUE $465,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $98,498
Fundraising Expenses $16,253
Program Expenses $163,491
Other Expenses $95,587
TOTAL EXPENSES $194,085

Year-over-Year Comparison

2024 2023 Change
Revenue $465,429 N/A N/A
Expenses $194,085 N/A N/A
Net Income $271,344 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

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Governance

Voting Members
4
Independent Members
4
Employees
3
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WAYNE EPPS BOARD MEMBER 2.00
Director
$0 $0 $0
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
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 $465,429 $194,085 $277,259 $271,344
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