RIVERVIEW TERRACE INC

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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

1991

Legal Domicile

Principal Officer

ROLLIE ABEL

Phone

6144512151

Tax Period

2023-01-01 to 2023-12-31

RIVERVIEW TERRACE INC, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $537K in total revenue in fiscal year 2023.

Mission

PROVIDING ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR NEEDS.

Program Service Accomplishments

Program 1

Expenses: $474,313 Revenue: $203,941

THE SOLE PURPOSE IS TO PROVIDE SUBSIDIZED LOW-INCOME APARTMENT RENTAL HOUSING FOR ELDERLY PERSONS THROUGH THE US DEPARTMENT OF HUD SECTIONS 202 AND 8 PROGRAMS

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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 (2023)

Revenue Breakdown

Contributions & Grants $331,280

Program Service Revenue $200,232

Investment Income $2,067

Other Revenue $3,709

TOTAL REVENUE $537,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $474,313

Other Expenses $525,586

TOTAL EXPENSES $525,586

Year-over-Year Comparison

	2023	2022	Change
Revenue	$537,288	$505,709	+0.1%
Expenses	$525,586	$489,707	+0.1%
Net Income	$11,702	$16,002	-0.3%

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

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
ROLLIE ABEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAM WILSON	SECRETARY	1.00	Officer Director	$0	$0	$0
PHIL WALTON	TRUSTEE	1.00	Director	$0	$0	$0
BILL HARRIS	TRUSTEE	1.00	Director	$0	$0	$0
LINDA JACKSON	TRUSTEE	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$537,288	$525,586	$1,340,777	$11,702
2022	$505,709	$489,707	$1,386,282	$16,002
2021	$510,126	$482,648	$1,442,922	$27,478
2020	$497,269	$499,641	$1,478,065	$-2,372
2019	$491,837	$499,888	$1,538,829	$-8,051
2018	$467,109	$463,881	$1,598,376	$3,228