LITTLE RIVER PROPERTY MANAGEMENT (EIN 453563785) - Form 990 Financial Analysis & Trantor Score

🔒

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

2010

Legal Domicile

Principal Officer

CHARLES GRIFFIN

Phone

7708342046

Tax Period

2023-07-01 to 2024-06-30

LITTLE RIVER PROPERTY MANAGEMENT, founded in 2010, is a community nonprofit in the Housing & Shelter sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Net assets of $7.2M represent 41 months of operating reserves.

Mission

TO PROMOTE AFFORDABLE HOUSING OPPORTUNITIES TO VERY LOW, LOW, AND MODERATE INCOME FAMILIES, SENIOR CITIZENS, AND THE DISABLED.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $927,269

Program Service Revenue $1,173,983

Investment Income $5,481

Other Revenue $0

TOTAL REVENUE $2,106,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,300,956

Other Expenses $2,300,956

TOTAL EXPENSES $2,300,956

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,106,733	$1,700,516	+0.2%
Expenses	$2,300,956	$2,152,712	+0.1%
Net Income	$-194,223	$-452,196	-0.6%

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

$106,454

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE HOLLEY	CHAIRMAN	N/A	Officer Director	$0	$0	$0
JERI SHAFFER	BOARD MEMBER	N/A	Officer Director	$0	$0	$0
SYLVESTER HENDRIX	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT KENIMER	BOARD MEMBER	N/A	Director	$0	$0	$0
JUAN C FORERO	BOARD MEMBER	N/A	Director	$0	$0	$0
CHARLES GRIFFIN	EXEC DIR, SE	N/A	Officer	$0	$0	$106,454

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	$2,106,733	$2,300,956	$7,765,941	$-194,223
2023	$1,700,516	$2,152,712	$7,948,428	$-452,196
2022	$2,033,301	$1,856,375	$8,405,369	$176,926
2021	$8,224,514	$1,695,912	$8,444,747	$6,528,602
2020	$278,829	$261,069	$1,529,441	$17,760
2019	$268,712	$340,331	$1,609,543	$-71,619
2018	$367,033	$353,120	$1,694,859	$13,913

LITTLE RIVER PROPERTY MANAGEMENT