RIVERPARK CENTER INC

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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

CHRIS PATTERSON

Phone

2706872770

Tax Period

2024-09-01 to 2025-08-31

RIVERPARK CENTER INC, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.0M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 43% operating deficit.

Mission

TO IMPROVE THE QUALITY OF LIFE BY HOSTING AND PRESENTING DIVERSE ARTS AND CIVIC EVENTS, FOCUSING ON ARTS IN EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $2,591,469 Revenue: $1,993,990

RIVERPARK CENTER HOSTED AND PRESENTED DIVERSE ARTS AND CIVIC EVENTS, FOCUSING ON ARTS IN EDUCATION. RIVERPARK CENTER ENTERTAINED AND EDUCATED OVER 200,000 PEOPLE, INCLUDING 25,000 CHILDREN THROUGH...

RIVERPARK CENTER HOSTED AND PRESENTED DIVERSE ARTS AND CIVIC EVENTS, FOCUSING ON ARTS IN EDUCATION. RIVERPARK CENTER ENTERTAINED AND EDUCATED OVER 200,000 PEOPLE, INCLUDING 25,000 CHILDREN THROUGH NEARLY 800 EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $730,958

Program Service Revenue $637,049

Investment Income $0

Other Revenue $626,119

TOTAL REVENUE $1,994,126

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,119

Fundraising Expenses $59,912

Program Expenses $2,591,469

Other Expenses $2,695,982

TOTAL EXPENSES $2,857,101

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,994,126	$2,740,687	-0.3%
Expenses	$2,857,101	$2,797,437	+0.0%
Net Income	$-862,975	$-56,750	+14.2%

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

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
SCOTT MCCAIN	BOARD CHAIR & ACTING TREASURER	1.00	Officer Director	$0	$0	$0
JESSE MOUNTJOY	SECRETARY	1.00	Officer Director	$0	$0	$0
JASON SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ANITA CASH	DIRECTOR	1.00	Director	$0	$0	$0
KARA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
LELAN HANCOCK	DIRECTOR	1.00	Director	$0	$0	$0
JITEN SHAH	DIRECTOR	1.00	Director	$0	$0	$0
ALLEN HOLBROOK	DIRECTOR	1.00	Director	$0	$0	$0
KIRK KIRKPATRICK	DIRECTOR	1.00	Director	$0	$0	$0
DANNA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE SNOW	DIRECTOR	1.00	Director	$0	$0	$0
BART DARRELL	DIRECTOR	1.00	Director	$0	$0	$0
DOUG FIELD	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
BETH RYAN	DIRECTOR	1.00	Director	$0	$0	$0
JORDAN JOHNSON	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	$1,994,126	$2,857,101	$8,468,199	$-862,975
2024	$2,740,687	$2,797,437	$9,197,141	$-56,750
2023	$2,856,836	$3,483,493	$10,603,844	$-626,657
2022	$2,948,839	$3,412,013	$11,512,272	$-463,174
2021	$2,039,404	$1,601,794	$12,438,110	$437,610
2020	$1,522,669	$1,990,776	$11,614,970	$-468,107
2019	$1,906,507	$2,392,932	$11,598,191	$-486,425
2018	$2,451,211	$2,886,556	$12,134,747	$-435,345