RIVERSEDGE DEVELOPMENT CORPORATION

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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

STEVEN BLACK

Phone

9898395294

Tax Period

2025-01-01 to 2025-12-31

RIVERSEDGE DEVELOPMENT CORPORATION, founded in 2007, is a micro nonprofit in the Community Improvement sector that reported $5K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $3K, a strong 64% operating margin.

Mission

TO SELL THE UPTOWN AT RIVERSEDGE PROPERTY

Program Service Accomplishments

Program 1

Expenses: $828 Revenue: $0

TO FACILIATE THE SALE OF THE UPTOWN AT RIVERSEDGE PROPERTY

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $5,098

Other Revenue $0

TOTAL REVENUE $5,098

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $828

Other Expenses $1,817

TOTAL EXPENSES $1,817

Year-over-Year Comparison

	2025	2024	Change
Revenue	$5,098	$6,797	-0.2%
Expenses	$1,817	$5,074	-0.6%
Net Income	$3,281	$1,723	+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
BRIAN EGGERS	DIRECTOR	2.00	Director	$0	$0	$0
DOMINIC MONASTIERE	DIRECTOR	2.00	Director	$0	$0	$0
PAUL ROWLEY	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN BLACK	PRESIDENT	4.00	Officer Director	$0	$0	$0
MIKE STODOLAK	SECRETARY/TREASURER	4.00	Officer Director	$0	$0	$0
KARL SCHWARTZ	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
TODD GREGORY	DIRECTOR	2.00	Director	$0	$0	$0
NOAH TROMBLEY	DIRECTOR	2.00	Director	$0	$0	$0
DANA MUSCOTT	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTOPHER GIRARD	DIRECTOR	2.00	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
2025	$5,098	$1,817	$155,367	$3,281
2024	No data	No data	No data	No data
2023	$5,132	$2,624	$150,363	$2,508
2022	$1,217	$13,656	$147,855	$-12,439
2021	$347	$6,675	$160,294	$-6,328
2020	$3,072	$5,884	$166,622	$-2,812
2019	$5,604	$8,491	$169,434	$-2,887
2018	$2,047	$20,600	$172,321	$-18,553