Civic Intelligence

Ridge Oak II Inc.

990 • Fiscal year 2013 • EIN 30-0407213

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 06, 2013

150 Manchester Drive07920
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

29th percentile

0.17x

Higher debt load relative to assets than 29% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

28th percentile

-3.8%

Faster asset growth than 28% of similar nonprofits.

2013 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$4,968,585

Down $195,323 (-3.8%) from 2012

Net Assets

Down

$4,141,116

Down $187,857 (-4.3%) from 2012

Liabilities

Down

$827,469

Down $7,466 (-0.9%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$553,115

Down $3,002 (-0.5%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $5,570,511Liabilities 2010: $870,600Net Assets 2010: $4,699,9112010Assets 2011: $5,346,822Liabilities 2011: $848,193Net Assets 2011: $4,498,6292011Assets 2012: $5,163,908Liabilities 2012: $834,935Net Assets 2012: $4,328,9732012Assets 2013: $4,968,585Liabilities 2013: $827,469Net Assets 2013: $4,141,1162013Assets 2017: $4,178,395Liabilities 2017: $875,216Net Assets 2017: $3,303,1792017Assets 2018: $3,878,462Liabilities 2018: $771,844Net Assets 2018: $3,106,6182018Assets 2021: $3,343,140Liabilities 2021: $777,038Net Assets 2021: $2,566,1022021Assets 2022: $3,159,692Liabilities 2022: $781,697Net Assets 2022: $2,377,9952022Assets 2023: $2,935,431Liabilities 2023: $756,400Net Assets 2023: $2,179,0312023Assets 2025: $2,695,921Liabilities 2025: $805,855Net Assets 2025: $1,890,0662025

Highlighted filing

2013

Assets$4,968,585
Liabilities$827,469
Net Assets$4,141,116

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $529,7312010Expenses 2011: $540,6282011Expenses 2012: $556,1172012Expenses 2013: $553,1152013Revenue 2017: $416,253Expenses 2017: $679,819Net Income 2017: -$263,5662017Revenue 2018: $412,467Expenses 2018: $609,028Net Income 2018: -$196,5612018Revenue 2021: $431,993Expenses 2021: $633,843Net Income 2021: -$201,8502021Revenue 2022: $450,702Expenses 2022: $633,943Net Income 2022: -$183,2412022Revenue 2023: $480,654Expenses 2023: $676,153Net Income 2023: -$195,4992023Revenue 2025: $569,376Expenses 2025: $721,700Net Income 2025: -$152,3242025

Highlighted filing

2013

Revenue-
Expenses$553,115
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
Nov 6, 2013
Return Version
2012v2.1
Gross Receipts
$365,258
Mission and Program Overview

Mission

To operate a residential housing project in basking ridge, nj for low income elderly persons.

Filing and Contact Details

Filer

EIN
30-0407213
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE PROJECT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES, UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE PROJECT'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE PROJECT'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED 2013 AND 2012. THE TAX YEARS SUBJECT TO AUDIT BY FEDERAL AND STATE JURISDICTIONS ARE 2010 AND FORWARD. AT JUNE 30, 2013 AND 2012, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES.
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IRS990ScheduleJ/Form990ScheduleJPartII/BonusFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/BonusRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/CompBasedOnRelatedOrgs0147744
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990FilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/CompReportPrior990RelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/DeferredCompRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0THE ORGANIZATION RELIES UPON RIDGE OAK MANAGEMENT, INC., A RELATED ORGANIZATION, TO ESTABLISH COMPENSATION FOR THE EXECUTIVE DIRECTOR. RIDGE OAK MANAGEMENT USES TWO METHODS TO ESTABLISH COMPENSATION: A COMPENSATION COMMITTEE REVIEW AND BOARD APPROVAL OF COMPENSATION.
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 3
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0BONNIE KELLY
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs018159
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0EXECUTIVE DIRECTOR
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0165903
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01

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