RIDGEVIEW AT FRANKLIN INC

EIN: 562385324 501(c)(3) Housing & Shelter

FRANKLIN, GA

Total Revenue
$33,581
Total Expenses
$169,745
Total Assets
$366,421
Net Assets
$-97,433
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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
2002
Legal Domicile
GA
Principal Officer
BETH BURGOON
Phone
7066756060
Tax Period
2021-10-01 to 2022-09-30

RIDGEVIEW AT FRANKLIN INC, founded in 2002, is a micro nonprofit in the Housing & Shelter sector that reported $34K in total revenue in fiscal year 2021. Expenses of $170K exceeded revenue, resulting in a 405% operating deficit.

Mission

TO PROVIDE SAFE, DECENT, AND SANITARY HOUSING FOR LOW AND VERY LOW INCOME 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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $33,208
Investment Income $373
Other Revenue $0
TOTAL REVENUE $33,581

Expense Breakdown

Grants Paid $118,976
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $157,290
Other Expenses $50,769
TOTAL EXPENSES $169,745

Year-over-Year Comparison

2021 2020 Change
Revenue $33,581 $34,131 0.0%
Expenses $169,745 $32,816 +4.2%
Net Income $-136,164 $1,315 -104.5%
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

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Governance

Voting Members
4
Independent Members
4
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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTY LIPFORD MEMBER 1.00
Director
$0 $0 $0
MAXINE OGLETREE BOARD CHAIR 1.00
Director
$0 $0 $0
JOEL PHILLIPS MEMBER 1.00
Director
$0 $0 $0
DONALD ROGERS VICE CHAIR 1.00
Director
$0 $0 $0
BETH BURGOON EXECUTIVE DI 5.00
Officer
$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
2022 $33,581 $169,745 $366,421 $-136,164
2021 $34,131 $32,816 $512,152 $1,315
2020 $33,173 $28,770 $515,577 $4,403
2019 $32,951 $30,738 $515,455 $2,213
2018 $32,094 $33,265 $518,716 $-1,171
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