A Better Chance in Ridgefield 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

1986

Legal Domicile

Principal Officer

Ira Gerard

Phone

2034381284

Tax Period

2024-07-01 to 2025-06-30

A Better Chance in Ridgefield Inc, founded in 1986, is a small nonprofit that reported $420K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $364K left a modest 13% surplus.

Mission

OUR MISSION IS TO INCREASE THE NUMBER OF WELL-EDUCATED YOUNG PEOPLE OF COLOR WHO ARE CAPABLE OF ASSUMING POSITIONS OF RESPONSIBILITY AND LEADERSHIP IN AMERICAN SOCIETY.

Program Service Accomplishments

Program 1

Expenses: $316,159

To provide quality high school education and living environment for educationally underserved low-income students.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $218,923

Program Service Revenue $0

Investment Income $181,218

Other Revenue $20,357

TOTAL REVENUE $420,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $153,470

Fundraising Expenses $0

Program Expenses $316,159

Other Expenses $210,404

TOTAL EXPENSES $363,874

Year-over-Year Comparison

	2024	2023	Change
Revenue	$420,498	$331,109	+0.3%
Expenses	$363,874	$279,491	+0.3%
Net Income	$56,624	$51,618	+0.1%

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

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

$22,558

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Streif	Executive Director	40.0	Officer	$22,558	$0	$22,558
Jacque Lang	Co-President	4.0	Officer Director	$0	$0	$0
Karen Gerard	Co-President	4.0	Officer Director	$0	$0	$0
Layne McCarthy	1st Vice President	4.0	Officer Director	$0	$0	$0
Laura Dobson	2nd Vice President	4.0	Officer Director	$0	$0	$0
Ira Gerard	Treasurer	4.0	Officer Director	$0	$0	$0
Paul Bucci	Director	1.0	Director	$0	$0	$0
Geraldine Fish	Standards Chair	4.0	Officer Director	$0	$0	$0
Nancy Brandon	Director	1.0	Director	$0	$0	$0
Jessica Brooks	Director	1.0	Director	$0	$0	$0
Divya Dorairajan	Director	1.0	Director	$0	$0	$0
Sue Ferguson	Director	1.0	Director	$0	$0	$0
Michelle DiMiceli	Director	1.0	Director	$0	$0	$0
Jean Grevers	Director	1.0	Director	$0	$0	$0
Tina Malhotra	Director	1.0	Director	$0	$0	$0
Lisa Miraglia	Director	1.0	Director	$0	$0	$0
Meredith Renda	Director	1.0	Director	$0	$0	$0
Marlena Stout	Director	1.0	Director	$0	$0	$0
Alysa Wakin	Director	1.0	Director	$0	$0	$0
Fanta Waterman	Director	1.0	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	$420,498	$363,874	$1,251,380	$56,624
2024	$331,109	$279,491	$1,279,597	$51,618
2023	$287,041	$275,793	$1,156,890	$11,248
2022	$339,373	$214,200	$1,104,884	$125,173
2021	$273,213	$201,995	$1,104,568	$71,218
2020	$325,539	$172,289	$910,531	$153,250
2019	$227,465	$188,669	$766,637	$38,796
2018	$221,228	$207,262	$727,612	$13,966