FOREST RIDGE HOLDING CORPORATION

EIN: 831134982 Community Improvement

SCHERERVILLE, IN

Total Revenue
$-7,394
Total Expenses
N/A
Total Assets
$495,109
Net Assets
$-76,812
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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
2019
Legal Domicile
IN
Principal Officer
ELIAS LITOS
Phone
2197509426
Tax Period
2024-07-01 to 2025-06-30

FOREST RIDGE HOLDING CORPORATION, founded in 2019, is a micro nonprofit in the Community Improvement sector that reported $7K in total revenue in fiscal year 2024. Revenue fell 212% from the prior year — a significant decline worth monitoring.

Mission

HOLDING CORPORATION FOR PROPERTY OF THE EXEMPT ORGANIZATION FOREST RIDGE ACADEMY, INC.

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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 $0
Program Service Revenue $0
Investment Income $1,250
Other Revenue $-8,644
TOTAL REVENUE $-7,394

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $-7,394 $6,610 -2.1%
Expenses N/A N/A N/A
Net Income N/A $6,610 N/A
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
16
Independent Members
16
Employees
N/A
Volunteers
17

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
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIAS LITOS PRESIDENT 1.00
Officer Director
$0 $0 $0
VESNA BALAC VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK BORST TREASURER 1.00
Officer Director
$0 $0 $0
KUNTEERA TARIN SECRETARY 1.00
Officer Director
$0 $0 $0
MICHELLE WAINWRIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL AUGUSTI BOARD MEMBER 1.00
Director
$0 $0 $0
GREG CROWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
RENEE DOUGHMAN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHELLE GRIFFITH BOARD MEMBER 1.00
Director
$0 $0 $0
JONATHAN HAGARBOME BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID HIBBS BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH LADELLA BOARD MEMBER 1.00
Director
$0 $0 $0
REBECCA LAM BOARD MEMBER 1.00
Director
$0 $0 $0
CARINA LANE BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER MCCOLLY BOARD MEMBER 1.00
Director
$0 $0 $0
LISA REISMAN BOARD MEMBER 1.00
Director
$0 $0 $0
DANA RIFAI BOARD MEMBER 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 $-7,394 No data $495,109 No data
2024 $6,610 No data $517,979 No data
2023 $1,252 No data $524,518 No data
2022 $-23,977 No data $541,767 No data
2021 $10,381 No data $499,715 No data
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