RIVERSTONE SENIOR LIFE SERVICES INC

EIN: 133355074 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$1,862,502
Total Expenses
$2,002,464
Total Assets
$952,995
Net Assets
$758,202
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NY
Principal Officer
JOSE ALBINO
Phone
2129275600
Tax Period
2024-07-01 to 2025-06-30

RIVERSTONE SENIOR LIFE SERVICES INC, founded in 1988, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

RIVERSTONE IS A MULTI-SERVICE ORGANIZATION THAT FOCUSES ON THE NEEDS OF OLDER PEOPLE AND THEIR CAREGIVERS. ITS MISSION IS TO PROVIDE SERVICES AND ACTIVITIES THAT ENABLE OLDER PEOPLE TO REMAIN IN THEIR HOMES, WITH THE HIGHEST POSSIBLE QUALITY OF LIFE, AS LONG AS THEY CHOOSE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,475,578
Program Service Revenue $386,924
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,862,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,431,690
Fundraising Expenses $45,176
Program Expenses $1,953,886
Other Expenses $570,774
TOTAL EXPENSES $2,002,464

Year-over-Year Comparison

2024 2023 Change
Revenue $1,862,502 $1,671,789 +0.1%
Expenses $2,002,464 $1,719,913 +0.2%
Net Income $-139,962 $-48,124 +1.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
25
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLEY HALLIDAY PRESIDENT 2.00
Officer Director
$0 $0 $0
SARAH MORGRIDGE VICE PRESIDE 2.00
Officer Director
$0 $0 $0
MARIA LUNA TREASURER 2.00
Officer Director
$0 $0 $0
HELEN DRIVAS SECRETARY 2.00
Officer Director
$0 $0 $0
MARIJA DORSETT MEMBER 1.00
Director
$0 $0 $0
KEVIN GOODRICH MEMBER 1.00
Director
$0 $0 $0
HON JEANETTE RUIZ MEMBER 1.00
Director
$0 $0 $0
ANTHONY GONZALEZ MEMBER 1.00
Director
$0 $0 $0
CLIVIA TORRES MEMBER 1.00
Director
$0 $0 $0
ILANA DUNNER EXECUTIVE DI 35.00
$114,753 $0 $114,753
JOSE ALBINO EXECUTIVE DI 35.00
Officer
$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 $1,862,502 $2,002,464 $952,995 $-139,962
2024 $1,671,789 $1,719,913 $1,180,264 $-48,124
2023 $1,719,228 $1,612,789 $1,200,241 $106,439
2022 $1,626,979 $1,471,968 $1,010,174 $155,011
2021 $1,368,738 $1,143,308 $920,226 $225,430
2020 $1,773,703 $1,687,982 $761,524 $85,721
2019 $1,839,195 $1,817,688 $460,026 $21,507
2018 $1,799,283 $1,863,761 $502,803 $-64,478
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