RIVERBEND PROPERTIES INC

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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

1975

Legal Domicile

Principal Officer

TIMOTHY A KALBERG

Phone

5032217511

Tax Period

2018-07-01 to 2019-06-30

RIVERBEND PROPERTIES INC, founded in 1975, is a micro nonprofit that reported $20 in total revenue in fiscal year 2018. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $8K exceeded revenue, resulting in a 39005% operating deficit.

Mission

TO ACCOUNT FOR AND MAINTAIN SUPPORT FUNDS NEEDED BY RIVERBEND YOUTH CENTER INC., AN AFFILIATED TAX EXEMPT ORGANIZATION

Program Service Accomplishments

Program 1

Expenses: $1,500

RIVERBEND PROPERTIES INC. ORIGINALLY WAS INCORPORATED AS A SUPPORT ORGANIZATION TO OWN THE REAL AND PERSONAL PROPERTY NEEDED BY RIVERBEND YOUTH CENTER INC. AND OTHER SIMILAR TAX EXEMPT ORGANIZATONS TO CARRY OUT THEIR MISSION. IN FYE JUNE 30, 2018, RIVERBEND PROPERTIES INC. FORGAVE ANY RIGHTS IT HAD TO THE REAL AND PERSONAL PROPERTY IT HAD FORMERLY OWNED AND TRANSFERRED THEM IN THEIR ENTIRETY TO YOUTH VILLAGES OREGON, A NON-PROFIT WHOSE MISSION SUBSTANTIALLY ALIGNS WITH RIVERBEND YOUTH CENTER INC. CURRENTLY IN THE PROCESS OF LIQUIDATING, ALL REMAINING ASSETS OF RIVERBEND PROPERTIES INC. CONTINUE TO BE USED TO FINANCIALLY SUPPORT RIVERBEND YOUTH CENTER INC. IN ITS MISSION TO SUPPORT OTHER SIMILAR ORGANIZATIONS, AND WILL EVENTUALLY BE DISTRIBUTED TO SUCH SIMILAR ORGANIZATIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $20

Other Revenue $0

TOTAL REVENUE $20

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,500

Other Expenses $6,321

TOTAL EXPENSES $7,821

Year-over-Year Comparison

	2018	2017	Change
Revenue	$20	$20,123	-1.0%
Expenses	$7,821	$1,229,969	-1.0%
Net Income	$-7,801	$-1,209,846	-1.0%

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
TIMOTHY KALBERG	PRESIDENT	2.00	Officer Director	$0	$0	$0
MARK ROBBINS	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
LOU LAUMAN	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
KAY ABRAMOWITZ	DIRECTOR	0.00	Director	$0	$0	$0
JANELLE BAGLIEN	DIRECTOR	0.00	Director	$0	$0	$0
ALAN BEARD	DIRECTOR	0.00	Director	$0	$0	$0
JEFF DALTON	DIRECTOR	0.00	Director	$0	$0	$0
MARK HERRING	DIRECTOR	0.00	Director	$0	$0	$0
WENDY HUGHSON	DIRECTOR	0.00	Director	$0	$0	$0
LIZ LIPPOFF	DIRECTOR	0.00	Director	$0	$0	$0
VICTORIA TRABOSH	DIRECTOR	0.00	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
2019	$20	$7,821	$17,109	$-7,801
2018	$20,123	$1,229,969	$313,411	$-1,209,846