THE RIDGE HOUSING NONPROFIT HOUSING CORP (EIN 800582756) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

RONDA ABBOTT

Phone

8778295500

Tax Period

2023-01-01 to 2023-12-31

THE RIDGE HOUSING NONPROFIT HOUSING CORP, founded in 2013, is a micro nonprofit in the Housing & Shelter sector that reported $23K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $59K exceeded revenue, resulting in a 150% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO FAMILIES WITH LOW AND VERY LOW INCOMES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $23,447

Other Revenue $0

TOTAL REVENUE $23,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,000

Other Expenses $58,659

TOTAL EXPENSES $58,659

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,447	$991,843	-1.0%
Expenses	$58,659	$569,869	-0.9%
Net Income	$-35,212	$421,974	-1.1%

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

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
RONDA ABBOTT	PRESIDENT	2.00	Officer Director	$0	$0	$0
KERRY INNIS	SECRETARY	2.00	Officer Director	$0	$0	$0
ANDREW MERRITT	DIRECTOR	2.00	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
2024	No data	No data	No data	No data
2023	$23,447	$58,659	$731,668	$-35,212
2022	$991,843	$569,869	$726,425	$421,974
2021	$500,008	$460,248	$1,740,478	$39,760
2020	$480,709	$519,570	$1,735,183	$-38,861
2019	$472,075	$408,749	$1,719,297	$63,326
2018	$468,760	$439,370	$1,726,430	$29,390

THE RIDGE HOUSING NONPROFIT HOUSING CORP