RIVERSIDE PLAZA TENANTS ASSOCIATION (EIN 363506886) - 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

2004

Legal Domicile

Principal Officer

WELI HASSAN

Phone

6123760619

Tax Period

2023-01-01 to 2023-12-31

RIVERSIDE PLAZA TENANTS ASSOCIATION, founded in 2004, is a small nonprofit in the Education sector that reported $633K in total revenue in fiscal year 2023.

Mission

TO PROVIDE COMMUNITY SERVICES TO TENANTS OF RIVERSIDE PLAZA.

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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 $551,615

Program Service Revenue $81,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $632,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $580,928

Fundraising Expenses $0

Program Expenses $500,362

Other Expenses $100,556

TOTAL EXPENSES $681,484

Year-over-Year Comparison

	2023	2022	Change
Revenue	$632,615	$623,574	+0.0%
Expenses	$681,484	$690,708	0.0%
Net Income	$-48,869	$-67,134	-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

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

$79,615

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OSMAN AHMED	CHAIRMAN	1.00	Officer Director	$0	$0	$0
BURHAN MOHAMED	DIRECTOR	1.00	Director	$0	$0	$0
AHMED ELMI	DIRECTOR	1.00	Director	$0	$0	$0
MOHAMED JAMA	DIRECTOR	1.00	Director	$0	$0	$0
ABDULKADIR ABDALLA	DIRECTOR	1.00	Director	$0	$0	$0
ABYAN NUR	DIRECTOR	1.00	Director	$0	$0	$0
WELI HASSAN	EXECUTIVE DIRECTOR	40.00	Officer	$79,615	$0	$79,615

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	$632,615	$681,484	$23,421	$-48,869
2022	$623,574	$690,708	$39,847	$-67,134
2021	$743,711	$732,111	$87,812	$11,600
2020	$507,170	$567,171	$47,077	$-60,001
2019	$688,580	$642,978	$109,685	$45,602
2018	$652,042	$657,237	$69,339	$-5,195

RIVERSIDE PLAZA TENANTS ASSOCIATION