RIVERSIDE STUDY CENTER INC (EIN 133547523) - 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

1988

Legal Domicile

Principal Officer

JOHN ALMANDOZ

Phone

2122223285

Tax Period

2024-01-01 to 2024-12-31

RIVERSIDE STUDY CENTER INC, founded in 1988, is a small nonprofit in the Religion sector that reported $428K in total revenue in fiscal year 2024. Expenses of $758K exceeded revenue, resulting in a 77% operating deficit.

Mission

RELIGIOUS AND EDUCATIONAL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $180,200

Program Service Revenue $247,266

Investment Income $0

Other Revenue $570

TOTAL REVENUE $428,036

Expense Breakdown

Grants Paid $4,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $697,638

Other Expenses $753,529

TOTAL EXPENSES $758,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$428,036	$405,387	+0.1%
Expenses	$758,029	$752,462	+0.0%
Net Income	$-329,993	$-347,075	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN F COVERDALE	DIRECTOR & PRESIDENT	1.00	Officer Director	$0	$0	$0
ANTHONY MCCARTHY	DIRECTOR & VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
LUIS M B CABRAL	DIRECTOR & SECRETARY	2.00	Officer Director	$0	$0	$0
PAUL GALLAGHER	DIRECTOR & TREASURER	3.00	Officer Director	$0	$0	$0
MIKE COAN	DIRECTOR	1.00	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	$428,036	$758,029	$13,237,141	$-329,993
2023	$405,387	$752,462	$13,592,011	$-347,075
2022	$428,272	$729,230	$13,916,331	$-300,958
2021	$2,424,338	$2,983,676	$14,243,524	$-559,338
2020	$5,933,623	$78,100	$14,759,262	$5,855,523
2019	$2,537,684	$122,880	$8,903,739	$2,414,804
2018	$3,525,954	$68,621	$6,740,285	$3,457,333

RIVERSIDE STUDY CENTER INC