Richmond High School Alumni Association
Nonprofit profile at a glance
- EIN
- 352028694
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Richmond, IN, USA
- Phone
- 7659733338
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $151,478
- Expenses
- $155,012
- Assets
- $133,720
- Liabilities
- $1,370
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- DEAN STEPHENS (VICE PRESIDENT)
- REBECCA LAFUZE (PRESIDENT)
People named in this filing
- DEREK WORCH (SECRETARY)
- DEAN STEPHENS (VICE PRESIDENT)
- BRIDGET HAZELBAKER (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the rhaa is to raise the education and skill level of the local workforce. To be an economic leader in our community, state, and nation, we must first be a leader in the education of our children.
What it reported doing in 2024
Rcip scholarship program held at wayne co foundation. Scholarships awarded in spring and fall to 52 alumni and graduates of richmond high-transfered to rhsa then distributed.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 74
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.5%; rating input score 74
- Program expense ratio: 72.6%; rating input score 73
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -2.3%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.86; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 74.5% of revenue deployed · 72.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $113K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 27/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.