RIDGE HOUSING INC

EIN: 562182641 501(c)(3) Housing & Shelter

ASHEVILLE, NC

Total Revenue
$96,254
Total Expenses
$76,518
Total Assets
$397,780
Net Assets
$380,728
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NC
Principal Officer
GEOFFREY BARTON
Phone
3367653906
Tax Period
2024-07-01 to 2025-06-30

RIDGE HOUSING INC, founded in 2000, is a micro nonprofit in the Housing & Shelter sector that reported $96K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $20K, a strong 21% operating margin.

Mission

PROVIDE EIGHT APARTMENTS FOR DISABLED PERSONS

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,281
Program Service Revenue $35,662
Investment Income $311
Other Revenue $0
TOTAL REVENUE $96,254

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,148
Other Expenses $76,518
TOTAL EXPENSES $76,518

Year-over-Year Comparison

2024 2023 Change
Revenue $96,254 $110,010 -0.1%
Expenses $76,518 $101,828 -0.2%
Net Income $19,736 $8,182 +1.4%
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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
15
$175,989
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEOFFREY BARTON PRESIDENT & CEO OF MHO 0.00
Director
$0 $0 $175,989
CHARLES D OWEN III PRESIDENT 0.00
Officer Director
$0 $0 $0
LYNN COOK VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
THERESA PIWOWAR TREASURER 0.00
Officer Director
$0 $0 $0
RYAN ROHWER SECRETARY 0.00
Officer Director
$0 $0 $0
GRETA BYRD DIRECTOR 0.00
Director
$0 $0 $0
JACK GILBERT DIRECTOR 0.00
Director
$0 $0 $0
ANNETTE MCCLURE DIRECTOR 0.00
Director
$0 $0 $0
RUTH MORRISSEY DIRECTOR 0.00
Director
$0 $0 $0
CONSTANCE PROCTOR DIRECTOR 0.00
Director
$0 $0 $0
ELIZABETH TEAGUE DIRECTOR 0.00
Director
$0 $0 $0
DANA WARD DIRECTOR 0.00
Director
$0 $0 $0
ANGIE CULLEN DIRECTOR 0.00
Director
$0 $0 $0
ATHENA DYGERT DIRECTOR 0.00
Director
$0 $0 $0
LEE MCELRATH DIRECTOR 0.00
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 $96,254 $76,518 $397,780 $19,736
2024 $110,010 $101,828 $401,247 $8,182
2023 $90,097 $104,991 $399,382 $-14,894
2022 $63,854 $81,476 $402,784 $-17,622
2021 $60,887 $79,963 $418,198 $-19,076
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RIDGE HOUSING INC with other nonprofits in North Carolina and across the country.