RIVER PARK APARTMENTS INC

EIN: 710848874 501(c)(3) Housing & Shelter

FORT SMITH, AR

Total Revenue
$204,292
Total Expenses
$224,162
Total Assets
$740,669
Net Assets
$678,138
🔒

Tuckman-Chang Vulnerability Assessment

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
2002
Legal Domicile
AR
Principal Officer
BILL HUTCHINSON
Phone
4797827268
Tax Period
2024-07-01 to 2025-06-30

RIVER PARK APARTMENTS INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $150K in total revenue in fiscal year 2018. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

HOUSING FOR THE ELDERLY

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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 $122,969
Program Service Revenue $81,291
Investment Income $32
Other Revenue $0
TOTAL REVENUE $204,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,749
Fundraising Expenses $0
Program Expenses $159,028
Other Expenses $216,413
TOTAL EXPENSES $224,162

Year-over-Year Comparison

2024 2023 Change
Revenue $204,292 $157,589 +0.3%
Expenses $224,162 $219,388 +0.0%
Net Income $-19,870 $-61,799 -0.7%
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
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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF FENWICK BOARD MEMBER 0.00
Director
$0 $0 $0
BILL HUTCHINSON PRESIDENT 0.00
Officer Director
$0 $0 $0
POWELL SANDERS VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
MICHELLE SEXTON SECRETARY 0.00
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 $204,292 $224,162 $740,669 $-19,870
2024 $157,589 $219,388 $713,832 $-61,799
2022 $159,606 $178,437 $773,788 $-18,831
2021 $143,528 $162,401 $808,830 $-18,873
2020 $157,534 $162,407 $810,330 $-4,873
2019 $150,196 $152,097 $818,313 $-1,901
Explore More Nonprofits
Top 100 Nonprofits in Arkansas Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RIVER PARK APARTMENTS INC with other nonprofits in Arkansas and across the country.