SPIRIT ON THE RIVER INC

🔒

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

Tax Period

2020-01-01 to 2020-12-31

SPIRIT ON THE RIVER INC, founded in 2004, is a small nonprofit that reported $291K in total revenue in fiscal year 2020. Revenue surged 2442% from the prior year, signaling strong growth momentum. Expenses of $817K exceeded revenue, resulting in a 181% operating deficit.

Mission

TO SERVE AS TITLE HOLDING COMPANY FOR UNITY ON THE RIVER INC. A CHURCH

Program Service Accomplishments

Program 1

Expenses: $817,345 Revenue: $9,135

1. REAL ESTATE RENTALS TO TAX EXEMPT ORGANIZATION (A CHURCH) AND TO VARIOUS OTHER TENANTS.2. AS HOLDING COMPANY FOR REAL ESTATE TO DISTRIBUTE PROCEEDS OF SALE OF REAL PROPERTY AS A GRANT.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,135

Investment Income $285,720

Other Revenue $-3,884

TOTAL REVENUE $290,971

Expense Breakdown

Grants Paid $807,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $817,345

Other Expenses $10,345

TOTAL EXPENSES $817,345

Year-over-Year Comparison

	2020	2019	Change
Revenue	$290,971	$11,445	+24.4%
Expenses	$817,345	$15,203	+52.8%
Net Income	$-526,374	$-3,758	+139.1%

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

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
THOMAS PAOLINI	SECRETARY	5.00	Officer	$0	$0	$0
CHRISTIAN HAYES	TREASURER	5.00	Officer	$0	$0	$0
THERESA NAROIAN	PRESIDENT	5.00	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
2020	$290,971	$817,345	$130,749	$-526,374
2019	$11,445	$15,203	$623,311	$-3,758
2018	$11,533	$15,183	$645,366	$-3,650