RIVERSIDE COVE INC (EIN 201310719) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

MIKE ROGERS

Tax Period

2022-01-01 to 2022-12-31

RIVERSIDE COVE INC, founded in 2004, is a micro nonprofit that reported $22K in total revenue in fiscal year 2022. Revenue fell 68% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 101% operating deficit.

Mission

TO WITNESS THE GOSPEL OF JESUS CHRIST THROUGH FITNESS/SPORTS MINISTRY FOR ALL AGES AND FAMILIES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $9,983

Program Service Revenue $0

Investment Income $12,390

Other Revenue $0

TOTAL REVENUE $22,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,737

Fundraising Expenses $0

Program Expenses $38,917

Other Expenses $23,243

TOTAL EXPENSES $44,980

Year-over-Year Comparison

	2022	2021	Change
Revenue	$22,373	$69,358	-0.7%
Expenses	$44,980	$75,536	-0.4%
Net Income	$-22,607	$-6,178	+2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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
HOPE WEST	DIRECTOR	1.00	Director	$0	$0	$0
ANITA ROGERS	DIRECTORCOUNSLER	3.00	Director	$0	$0	$0
MATT STEWART	DIRECTOR	1.00	Director	$0	$0	$0
MIKE ROGERS	DIRECTORBUS MGR	10.00	Officer Director	$0	$0	$0
KEITH WEST	PRESIDENT	1.00	Officer Director	$0	$0	$0
CAROLYN WEST	SECRETARYTREA	10.00	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
2022	$22,373	$44,980	No data	$-22,607
2021	$69,358	$75,536	$93,036	$-6,178
2020	$89,096	$84,756	$99,214	$4,340
2019	$80,793	$82,836	$1,041,134	$-2,043
2018	$79,219	$86,221	$1,042,845	$-7,002

RIVERSIDE COVE INC