RIVER COMMUNITY HOMES INC (EIN 942842826) - 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

1982

Legal Domicile

Principal Officer

JENNIFER HOFSTETTER

Phone

7074631975

Tax Period

2024-01-01 to 2024-12-31

RIVER COMMUNITY HOMES INC, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $675K in total revenue in fiscal year 2024. Expenses of $590K left a modest 13% surplus.

Mission

COOPERATIVE HOUSING FOR LOW-INCOME, ELDERLY, AND HANDICAPPED INDIVIDUALS.

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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 $493,878

Program Service Revenue $158,894

Investment Income $15,844

Other Revenue $6,360

TOTAL REVENUE $674,976

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $552,467

Other Expenses $589,907

TOTAL EXPENSES $589,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$674,976	$646,062	+0.0%
Expenses	$589,907	$573,389	+0.0%
Net Income	$85,069	$72,673	+0.2%

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL IVERSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMIE FALICKI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MICHELLE MURPHY	TREASURER	2.00	Officer Director	$0	$0	$0
JILL LADD	SECRETARY	2.00	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	$674,976	$589,907	$2,527,591	$85,069
2023	$646,062	$573,389	$2,501,058	$72,673
2022	$580,409	$572,285	$2,463,667	$8,124
2021	$547,331	$511,644	$2,504,307	$35,687
2020	$493,046	$484,207	$2,510,673	$8,839
2019	$489,038	$471,194	$2,540,668	$17,844
2018	$475,240	$505,466	$2,569,204	$-30,226

RIVER COMMUNITY HOMES INC