RIVERVIEW APARTMENTS INC C/O NATIONAL CHURCH RESIDENCES (EIN 550681150) - 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

1988

Legal Domicile

Principal Officer

TRACY SUMMERS

Phone

6144512151

Tax Period

2023-07-01 to 2024-06-30

RIVERVIEW APARTMENTS INC C/O NATIONAL CHURCH RESIDENCES, founded in 1988, is a small nonprofit that reported $299K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $81K, a strong 27% operating margin.

Mission

TO PROVIDE HOUSING TO LOW-INCOME, ELDERLY AND/OR DISABLED INDIVIDUALS.

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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 $222,851

Program Service Revenue $79,611

Investment Income $-4,198

Other Revenue $938

TOTAL REVENUE $299,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,158

Other Expenses $218,556

TOTAL EXPENSES $218,556

Year-over-Year Comparison

	2023	2022	Change
Revenue	$299,202	$270,969	+0.1%
Expenses	$218,556	$183,441	+0.2%
Net Income	$80,646	$87,528	-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
TRACY SUMMERS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATT COOPER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT WABLE	TREASURER	1.00	Officer Director	$0	$0	$0
JOSEPH GRIFFTH	SECRETARY	1.00	Officer Director	$0	$0	$0
LINDA YOHO	DIRECTOR	1.00	Director	$0	$0	$0
TIM MEEKS	DIRECTOR	1.00	Director	$0	$0	$0
ROCKY ROMINE	DIRECTOR	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	$299,202	$218,556	$819,919	$80,646
2023	$270,969	$183,441	$738,780	$87,528
2022	$203,388	$192,435	$654,882	$10,953
2021	$209,050	$176,117	$647,647	$32,933
2020	$155,166	$175,163	$602,281	$-19,997
2019	$165,797	$172,542	$618,176	$-6,745

RIVERVIEW APARTMENTS INC C/O NATIONAL CHURCH RESIDENCES