RIDLEY COLLEGE FUND USA INC

EIN: 136159040 501(c)(3) Education

BUFFALO, NY

Total Revenue
$3,022,680
Total Expenses
$3,064,627
Total Assets
$7,465,808
Net Assets
$7,465,808
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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
1964
Legal Domicile
NY
Principal Officer
ALEXANDER CO HANSEN
Phone
7169072500
Tax Period
2023-07-01 to 2024-06-30

RIDLEY COLLEGE FUND USA INC, founded in 1964, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Net assets of $7.5M represent 30 months of operating reserves.

Mission

TO PROVIDE EDUCATIONAL ASSISTANCE TO STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,657,321
Program Service Revenue $0
Investment Income $365,359
Other Revenue $0
TOTAL REVENUE $3,022,680

Expense Breakdown

Grants Paid $2,998,082
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,999,672
Other Expenses $66,545
TOTAL EXPENSES $3,064,627

Year-over-Year Comparison

2023 2022 Change
Revenue $3,022,680 $3,270,369 -0.1%
Expenses $3,064,627 $3,576,212 -0.1%
Net Income $-41,947 $-305,843 -0.9%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY J COFFIN PRESIDENT 0.30
Officer Director
$0 $0 $0
BRITT FRANKLIN VICE PRESIDENT 0.30
Officer Director
$0 $0 $0
ALEXANDER CO HANSEN TREASURER 0.30
Officer Director
$0 $0 $0
ROBERT M WILSON JR SECRETARY 0.30
Officer Director
$0 $0 $0
PETER B COFFIN DIRECTOR 0.30
Director
$0 $0 $0
JAMES C ROGERS DIRECTOR 0.30
Director
$0 $0 $0
JOHN KS CLEARY DIRECTOR 0.30
Director
$0 $0 $0
ANDREW M WILSON DIRECTOR 0.30
Director
$0 $0 $0
MICHELLE-ELISE BURNETT DIRECTOR 0.30
Director
$0 $0 $0
MICHELLE M MANDEVILLE DIRECTOR 0.30
Director
$0 $0 $0
BRUCE L CARROW DIRECTOR 0.30
Director
$0 $0 $0
PAULA SHERK DIRECTOR 0.30
Director
$0 $0 $0
WILLIAM CLEARY DIRECTOR 0.30
Director
$0 $0 $0
JODI HAYDON DIRECTOR 0.30
Director
$0 $0 $0
ASHLEY O'BRIEN DIRECTOR 0.30
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 No data No data No data No data
2024 $3,022,680 $3,064,627 $7,465,808 $-41,947
2023 $3,270,369 $3,576,212 $6,959,218 $-305,843
2022 $2,688,056 $2,425,278 $6,809,858 $262,778
2021 $785,116 $786,761 $7,870,547 $-1,645
2019 $713,585 $410,641 $7,132,298 $302,944
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