RIVER EDGE FOUNDATION INC

EIN: 205794390 501(c)(3) Mental Health

MACON, GA

Total Revenue
$1,671,581
Total Expenses
$1,359,818
Total Assets
$7,900,284
Net Assets
$4,785,727
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
GA
Principal Officer
CASS HATCHER CCM EDFP
Phone
4788037646
Tax Period
2023-01-01 to 2023-12-31

RIVER EDGE FOUNDATION INC, founded in 2007, is a community nonprofit in the Mental Health sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $312K, a strong 19% operating margin.

Mission

THE FOUNDATION ASSISTS PROVISION OF HEALTHCARE SERVICES AND SUPPORTS FOR GEORGIA RESIDENTS WHO HAVE MENTAL ILLNESS, ADDICTION OR A DEVELOPMENTAL DISABILITY, ESPECIALLY THOSE SERVED THROUGH THE COMMUNITY-BASED OFFERINGS OF RIVER EDGE BEHAVIORAL HEALTH.

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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 $1,569,519
Program Service Revenue $15,458
Investment Income $144,320
Other Revenue $-57,716
TOTAL REVENUE $1,671,581

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,206,604
Other Expenses $1,359,818
TOTAL EXPENSES $1,359,818

Year-over-Year Comparison

2023 2022 Change
Revenue $1,671,581 $737,661 +1.3%
Expenses $1,359,818 $256,642 +4.3%
Net Income $311,763 $481,019 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
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
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEREMY D PRITCHARD CTP ACH BOARD MEMBER N/A
Director
$0 $0 $0
RONNIE C COLLIER SR CPA BOARD MEMBER N/A
Director
$0 $0 $0
AMY H MALEY CPA CFP CRPC CHAIR N/A
Officer Director
$0 $0 $0
JAMES R DAVIS BOARD MEMBER N/A
Director
$0 $0 $0
CASS HATCHER CCM EDFP CHIEF EXEC O N/A
Officer Director
$0 $0 $0
PRISCILLA G DOSTER EDD SECRETARY N/A
Officer Director
$0 $0 $0
TOMMY M NEESMITH JR BOARD MEMBER N/A
Director
$0 $0 $0
SHERRIE MARSHALL MA BOARD MEMBER N/A
Director
$0 $0 $0
FRED MORGAN BOARD MEMBER N/A
Director
$0 $0 $0
DR ETHEL A CULLINAN PHD BOARD MEMBER N/A
Director
$0 $0 $0
JESSICA STEVENS PHD BOARD MEMBER N/A
Director
$0 $0 $0
STEVEN E CORKERY PHD VICE CHAIR N/A
Officer Director
$0 $0 $0
HON PAMELA Y WHITE-COLBERT BOARD MEMBER N/A
Director
$0 $0 $0
GEORGE M ISRAEL III TRUSTEE EMER N/A
$0 $0 $0
SHANE HESTER CFO N/A
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
2024 No data No data No data No data
2023 $1,671,581 $1,359,818 $7,900,284 $311,763
2022 $737,661 $256,642 $7,268,366 $481,019
2021 $512,746 $262,471 $21,001,068 $250,275
2020 $1,335,296 $1,753,727 $6,391,192 $-418,431
2019 $2,263,760 $4,928,053 $6,371,824 $-2,664,293
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