RIGHTSIDE HOLDINGS INC

EIN: 921184608 501(c)(3) Arts, Culture & Humanities

GADSDEN, AL

Total Revenue
$306,646
Total Expenses
$369,787
Total Assets
$6,043
Net Assets
$-63,141
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
AL
Principal Officer
2100 CLUB DRIVE STE 250
Phone
2564599338
Tax Period
2023-01-01 to 2023-12-31

RIGHTSIDE HOLDINGS INC, founded in 2022, is a small nonprofit in the Arts, Culture & Humanities sector that reported $307K in total revenue in fiscal year 2023. Expenses of $370K exceeded revenue, resulting in a 21% operating deficit.

Mission

A NONPROFIT ORGANIZATION THAT FOCUSES ON FOSTERING, DEVELOPING AND PROMOTING EDUCATIONAL, PATRIOTIC, PROFESSIONAL, CIVIC AND LEGAL ACTIVITIES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $127,618
Program Service Revenue $179,028
Investment Income $0
Other Revenue $0
TOTAL REVENUE $306,646

Expense Breakdown

Grants Paid $0
Salaries & Benefits $183,214
Fundraising Expenses $18,636
Program Expenses $322,028
Other Expenses $186,573
TOTAL EXPENSES $369,787

Year-over-Year Comparison

2023 2022 Change
Revenue $306,646 N/A N/A
Expenses $369,787 N/A N/A
Net Income $-63,141 N/A 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

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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
4
Independent Members
3
Employees
3
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
4
$108,750
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHILLIP WILLIAMS JR PRESIDENT 40.00
Officer
$108,750 $0 $108,750
H GLENN BURTON TREASURER N/A
Officer Director
$0 $0 $0
JESS A JOHNSON SECRETARY N/A
Officer Director
$0 $0 $0
BOBBY A JORDAN VICE PRESIDE 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
2024 No data No data No data No data
2023 $306,646 $369,787 $6,043 $-63,141
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