FOREST RIDGE MANOR INC (EIN 201885811) - 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

2007

Legal Domicile

Principal Officer

ANDREW JOSEPH

Phone

8659826109

Tax Period

2024-01-01 to 2024-12-31

FOREST RIDGE MANOR INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $360K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $432K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES.

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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 $190,405

Program Service Revenue $162,674

Investment Income $4,026

Other Revenue $2,727

TOTAL REVENUE $359,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $363,846

Other Expenses $432,150

TOTAL EXPENSES $432,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$359,832	$485,002	-0.3%
Expenses	$432,150	$405,281	+0.1%
Net Income	$-72,318	$79,721	-1.9%

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

N/A

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

$784,422

Total Directors

$784,422

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NELLIE WARD COLE	PRESIDENT	0.50	Officer Director	$0	$0	$0
JENNIFER RAUCH	TREASURER	0.50	Officer Director	$0	$24,176	$237,737
ANDREW JOSEPH	SECRETARY	1.00	Officer Director	$0	$26,880	$546,685

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	$359,832	$432,150	$2,312,769	$-72,318
2023	$485,002	$405,281	$2,359,120	$79,721
2022	$303,755	$378,237	$2,412,235	$-74,482
2021	$266,174	$383,528	$2,396,453	$-117,354
2020	$254,927	$380,389	$2,520,769	$-125,462
2019	$243,586	$306,483	$2,655,940	$-62,897
2018	$228,912	$307,791	$2,699,188	$-78,879

FOREST RIDGE MANOR INC