RIGSBY INC (EIN 742803275) - Form 990 Financial Analysis & Trantor Score

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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

1996

Legal Domicile

Principal Officer

WILLIAM P WENSON

Phone

5122887200

Tax Period

2019-01-01 to 2019-12-31

RIGSBY INC, founded in 1996, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2019. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $6.7M exceeded revenue, resulting in a 133% operating deficit.

Mission

TO PROVIDE DECENT, SAFE AND AFFORDABLE HOUSING TO LOW-INCOME INDIVIDUALS AND FAMILIES IN SAN ANTONIO, TEXAS THROUGH OWNERSHIP AND OPERATION OF A 220 UNIT APARTMENT COMPLEX.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $37,105

Investment Income $2,813,259

Other Revenue $0

TOTAL REVENUE $2,850,364

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,651,356

Other Expenses $6,655,106

TOTAL EXPENSES $6,655,106

Year-over-Year Comparison

	2019	2018	Change
Revenue	$2,850,364	$2,023,567	+0.4%
Expenses	$6,655,106	$2,137,843	+2.1%
Net Income	$-3,804,742	$-114,276	+32.3%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAN MCINTYRE	TREASURER	N/A	Officer Director	$0	$0	$0
PAIGE O'HARA	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES B STEWART	DIRECTOR	N/A	Director	$0	$0	$0
MICHELLE WENSON	SECRETARY	N/A	Officer Director	$0	$0	$0
WILLIAM P WENSON	CHAIRMAN	N/A	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
2019	$2,850,364	$6,655,106	No data	$-3,804,742
2018	$2,023,567	$2,137,843	$3,907,853	$-114,276

RIGSBY INC