THE RICE BUILDING INC

EIN: 141805693 501(c)(3)

TROY, NY

Total Revenue
N/A
Total Expenses
$24,368
Total Assets
N/A
Net Assets
N/A
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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
1992
Legal Domicile
NY
Principal Officer
JOE FAMA
Phone
5184611570
Tax Period
2021-01-01 to 2021-06-14

Mission

RENOVATE THE RICE BUILDING AND INVEST IN OTHER COMMUNITY DEVELOPMENT PROJECTS LOCATED IN THE COUNTY OF RENSSELAER, NY INCLUDING BUT NOT LIMITED TO TROY, NY.

Program Service Accomplishments

Program 1
Expenses: $24,368

RENTAL OF ARCHITECTURALLY SIGNIFICANT BUILDINGS LOCATED IN RENSSELAER COUNTY, NEW YORK. ONGOING MANAGEMENT OF CORPORATION.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $16,875
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $24,368
Other Expenses $7,493
TOTAL EXPENSES $24,368

Year-over-Year Comparison

2020 2019 Change
Revenue N/A N/A N/A
Expenses $24,368 $2,363 +9.3%
Net Income N/A $-2,363 N/A
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE FAMA DIRECTOR 0.00
Director
$0 $0 $0
KARL LAMPSON DIRECTOR 0.00
Director
$0 $0 $0
KEVIN O'BRYAN DIRECTOR 0.00
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
2021 No data $24,368 No data No data
2020 No data $2,363 $24,368 No data
2019 No data $1,913 $26,731 No data
2018 No data $1,820 $28,644 No data
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