RIVERVIEW TECHNOLOGY 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

1999

Principal Officer

CRAIG LITTLE

Phone

9702435242

Tax Period

2024-10-01 to 2025-09-30

RIVERVIEW TECHNOLOGY CORPORATION, founded in 1999, is a community nonprofit in the Environment sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.9M exceeded revenue, resulting in a 32% operating deficit.

Mission

TO PROVIDE RENTAL SPACE FOR GOVERNMENT ENTITIES AND ECONOMIC DEVELOPMENT BUSINESSES LOCATED AT THE INCUBATOR FACILITIES

Program Service Accomplishments

Program 1

Expenses: $1,542,661

THE ORGANIZATION PROVIDES COMMERCIAL RENTAL SPACE FOR WESTERN COLORADO NEW BUSINESS DEVELOPMENT AND THE DEPARTMENT OF ENERGY IN A COMPLEX THAT WAS DONATED TO RIVERVIEW TECHNOLOGY CORPORATION BY THE...

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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 $0

Program Service Revenue $1,394,069

Investment Income $13,826

Other Revenue $0

TOTAL REVENUE $1,407,895

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,542,661

Other Expenses $1,851,406

TOTAL EXPENSES $1,851,406

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,407,895	$1,127,080	+0.2%
Expenses	$1,851,406	$1,346,482	+0.4%
Net Income	$-443,511	$-219,402	+1.0%

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
SCOTT BEILFUSS	CITY EX-OFFI	2.00	Director	$0	$0	$0
SHELLY S DACKONISH	BOARD MEMBER	2.00	Director	$0	$0	$0
BOBBIE DANIEL	COUNTY EX-OF	2.00	Director	$0	$0	$0
SHERI HEATH	BOARD MEMBER	2.00	Director	$0	$0	$0
CRAIG LITTLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS MUHR	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
PHILL RAIMER	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
STEVE SMITH	BOARD MEMBER	2.00	Director	$0	$0	$0
NATE WALLACE	BOARD MEMBER	2.00	Director	$0	$0	$0
DALIDA BOLLIG	EXECUTIVE DI	25.00	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
2025	$1,407,895	$1,851,406	$6,050,592	$-443,511
2024	$1,127,080	$1,346,482	$6,347,379	$-219,402
2023	$1,175,775	$1,171,692	$6,611,316	$4,083
2022	$1,041,251	$1,066,734	$6,578,220	$-25,483
2021	$1,109,280	$1,175,193	$6,593,715	$-65,913
2020	$1,034,326	$1,067,899	$6,660,412	$-33,573
2019	$1,399,426	$1,113,043	$6,862,933	$286,383
2018	$2,556,737	$1,000,966	$7,282,188	$1,555,771