RISD HOLDINGS INC (EIN 050508151) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

CRYSTAL WILLIAMS

Phone

4014546649

Tax Period

2022-07-01 to 2023-06-30

RISD HOLDINGS INC, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $2.8M in total revenue in fiscal year 2022. Revenue surged 136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 59% operating margin.

Mission

HOLD TITLE TO VARIOUS PROPERTIES, COLLECT RENT INCOME AND HELP RISD CARRY OUT ITS MISSION.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,047,141

Investment Income $772,071

Other Revenue $0

TOTAL REVENUE $2,819,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,159,893

TOTAL EXPENSES $1,159,893

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,819,212	$1,193,029	+1.4%
Expenses	$1,159,893	$1,166,275	0.0%
Net Income	$1,659,319	$26,754	+61.0%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$659,866

Total Directors

$659,866

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID PROULX	TREASURER/SECRETARY (UNTIL 7/22)	1.00	Officer Director	$0	$4,996	$222,422
KAREN HAMMOND	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP E TOBEY	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL WILLIAMS	PRESIDENT	1.00	Officer Director	$0	$25,329	$437,444

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,819,212	$1,159,893	$9,187,753	$1,659,319
2022	$1,193,029	$1,166,275	$7,102,518	$26,754
2021	$742,515	$1,227,571	$6,695,294	$-485,056
2020	$1,104,725	$1,158,766	$6,739,255	$-54,041
2019	$1,199,219	$1,091,998	$6,373,930	$107,221
2018	$383,439	$260,004	$6,203,693	$123,435

RISD HOLDINGS INC