Ridgeiew Terrace Inc (EIN 341918395) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

Gwen Stegall

Phone

3303768787

Tax Period

2023-01-01 to 2023-12-31

Ridgeiew Terrace Inc, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $471K in total revenue in fiscal year 2023. Expenses of $577K exceeded revenue, resulting in a 23% operating deficit.

Mission

To provide affordable and accessible housing to elderly and handicaped persons.

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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 $235,436

Program Service Revenue $216,668

Investment Income $7,857

Other Revenue $10,712

TOTAL REVENUE $470,673

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,987

Fundraising Expenses $0

Program Expenses $548,450

Other Expenses $449,263

TOTAL EXPENSES $577,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$470,673	$441,819	+0.1%
Expenses	$577,250	$566,769	+0.0%
Net Income	$-106,577	$-124,950	-0.1%

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
Scott Andary	Chairperson	1.00	Director	$0	$0	$0
Tony Scurpa	Board Member	1.00	Director	$0	$0	$0
Carmen Kuula	Board Member	1.00	Director	$0	$0	$0
Marlo Millard	Board Member	1.00	Director	$0	$0	$0
Gwendolyn L Stegall	Board Member	1.00	Director	$0	$0	$0
Brenda House	Board Member	1.00	Director	$0	$0	$0
Dan Wolfgang	Board Member	1.00	Director	$0	$0	$0
Judith Barris	Board Member	1.00	Director	$0	$0	$0
Peachie Chatman	Board Member	1.00	Director	$0	$0	$0
Mariam Walton	Board Member	1.00	Director	$0	$0	$0
Kimberly Noirot	Board Member	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
2024	No data	No data	No data	No data
2023	$470,673	$577,250	$2,441,547	$-106,577
2022	$441,819	$566,769	$2,525,677	$-124,950
2021	$450,291	$551,243	$2,640,837	$-100,952
2020	$454,972	$506,841	$2,703,770	$-51,869
2019	$443,637	$510,139	$2,748,635	$-66,502
2018	$451,458	$492,793	$2,793,806	$-41,335

Ridgeiew Terrace Inc