RIVERFRONT MINISTRIES (EIN 862365782) - 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

2021

Legal Domicile

Principal Officer

Chelsea Spyres

Tax Period

2024-01-01 to 2024-12-31

RIVERFRONT MINISTRIES, founded in 2021, is a small nonprofit that reported $373K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

Riverfront Ministries is a faith-based non-profited committed to the work of food and economic justice. We have community gatherings, times of teaching, and we run four shared commercial kitchens serving culinary entrepreneurs in business and economic development

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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 $287,443

Program Service Revenue $85,841

Investment Income $0

Other Revenue $0

TOTAL REVENUE $373,284

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $228,807

Fundraising Expenses $0

Program Expenses $368,397

Other Expenses $152,078

TOTAL EXPENSES $382,385

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,284	$295,192	+0.3%
Expenses	$382,385	$360,060	+0.1%
Net Income	$-9,101	$-64,868	-0.9%

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

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

$9,980,230

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lisa Bixby	Operations Manager	40.00	Key Emp	$5,098,070	$0	$5,098,070
Eric Rayfield	Facilities & Events Manager	40.00	Key Emp	$50,000	$0	$50,000
Chelsea Spyres	Pastor & Executive Director	40.00	Key Emp	$4,817,610	$0	$4,817,610
Sharon Sable	Music Coordinator	5.00	Key Emp	$7,800	$0	$7,800
Ken Grant	Online Tech Theologian	5.00	Key Emp	$6,750	$0	$6,750

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	$373,284	$382,385	$56,990	$-9,101
2023	$295,192	$360,060	$66,091	$-64,868
2022	$238,136	$221,703	$117,401	$16,433
2021	$345,590	$295,824	$49,766	$49,766

RIVERFRONT MINISTRIES