RIVERSIDE CHRISTIAN TRAINING SCHOOL

EIN: 610621761 501(c)(3) Education

LOST CREEK, KY

Total Revenue
$426,428
Total Expenses
$475,820
Total Assets
$1,278,830
Net Assets
$1,262,229
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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
1931
Legal Domicile
KY
Tax Period
2024-01-01 to 2024-12-31

RIVERSIDE CHRISTIAN TRAINING SCHOOL, founded in 1931, is a small nonprofit in the Education sector that reported $426K in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $476K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE ORGANIZATION OPERATES A SCHOOL WHICH INCLUDES K-12

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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 (2024)

Revenue Breakdown

Contributions & Grants $426,428
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $426,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $137,730
Fundraising Expenses $0
Program Expenses $475,820
Other Expenses $338,090
TOTAL EXPENSES $475,820

Year-over-Year Comparison

2024 2023 Change
Revenue $426,428 $900,233 -0.5%
Expenses $475,820 $708,709 -0.3%
Net Income $-49,392 $191,524 -1.3%
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

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Governance

Voting Members
15
Independent Members
11
Employees
22
Volunteers
6

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
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN JONES CHAIRMAN OF THE BOARD OF DIRECTORS 5.00
Director
$0 $0 $0
SHANE NEACE DIRECTOR 40.00
Officer 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 $426,428 $475,820 $1,278,830 $-49,392
2023 $900,233 $708,709 $1,311,606 $191,524
2022 $759,254 $620,301 $1,107,616 $138,953
2021 $660,114 $557,895 $969,842 $102,219
2020 $319,419 $289,802 $872,368 $29,617
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