RIDLEY COLLEGE FUND USA INC

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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

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.

Program Service Accomplishments

Program 1

Expenses: $2,999,672 Revenue: $134,979

THE FUND MANAGES THE ENDOWED ASSETS USED TO GRANT SCHOLARSHIPS TO STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC MERIT. THE FUND ALSO OFFERS FINANCIAL ASSISTANCE TO RIDLEY COLLEGE (A NOT FOR PROFIT...

THE FUND MANAGES THE ENDOWED ASSETS USED TO GRANT SCHOLARSHIPS TO STUDENTS BASED ON FINANCIAL NEED AND ACADEMIC MERIT. THE FUND ALSO OFFERS FINANCIAL ASSISTANCE TO RIDLEY COLLEGE (A NOT FOR PROFIT PRIVATE SCHOOL BASED IN CANADA) TO SUPPLANT OPERATING NEEDS. IN THE CURRENT YEAR, THE FUND DISTRIBUTED 20 SCHOLARSHIPS/BURSARIES TO STUDENTS OF RIDLEY COLLEGE.

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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 (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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

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