Civic Intelligence

Ridgeview Terrace Inc.

990 • Fiscal year 2019 • EIN 34-1918395

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 22, 2020

2400 East 38thAshtabula, OH 44004

(330) 376-8787

Siviq Scores

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

Liabilities / Assets

45th percentile

0.06x

Higher debt load relative to assets than 45% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.34x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

32nd percentile

-1.6%

Faster asset growth than 32% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

35th percentile

-1.7%

Faster revenue growth than 35% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$2,748,635

Down $45,171 (-1.6%) from 2018

Net Assets

Down

$2,596,051

Down $66,502 (-2.5%) from 2018

Liabilities

Up

$152,584

Up $21,331 (+16%) from 2018

Revenue

Down

$443,637

Down $7,821 (-1.7%) from 2018

Expenses

Up

$510,139

Up $17,346 (+3.5%) from 2018

Net Income

Down

-$66,502

Down $25,167 (-61%) from 2018

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,141,799Liabilities 2012: $80,011Net Assets 2012: $3,061,7882012Assets 2013: $3,113,012Liabilities 2013: $84,206Net Assets 2013: $3,028,8062013Assets 2014: $3,049,662Liabilities 2014: $84,600Net Assets 2014: $2,965,0622014Assets 2015: $2,904,413Liabilities 2015: $110,810Net Assets 2015: $2,793,6032015Assets 2016: $2,883,889Liabilities 2016: $85,942Net Assets 2016: $2,797,9472016Assets 2017: $2,858,072Liabilities 2017: $154,184Net Assets 2017: $2,703,8882017Assets 2018: $2,793,806Liabilities 2018: $131,253Net Assets 2018: $2,662,5532018Assets 2019: $2,748,635Liabilities 2019: $152,584Net Assets 2019: $2,596,0512019Assets 2020: $2,703,770Liabilities 2020: $126,110Net Assets 2020: $2,577,6602020Assets 2021: $2,640,837Liabilities 2021: $164,129Net Assets 2021: $2,476,7082021Assets 2022: $2,525,677Liabilities 2022: $173,919Net Assets 2022: $2,351,7582022Assets 2023: $2,441,547Liabilities 2023: $196,366Net Assets 2023: $2,245,1812023Assets 2024: $2,390,823Liabilities 2024: $188,555Net Assets 2024: $2,202,2682024

Highlighted filing

2019

Assets$2,748,635
Liabilities$152,584
Net Assets$2,596,051

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2012: $477,5822012Revenue 2013: $462,710Expenses 2013: $482,151Net Income 2013: -$19,4412013Revenue 2014: $465,446Expenses 2014: $529,190Net Income 2014: -$63,7442014Revenue 2015: $467,908Expenses 2015: $639,367Net Income 2015: -$171,4592015Revenue 2016: $461,946Expenses 2016: $457,602Net Income 2016: $4,3442016Revenue 2017: $448,609Expenses 2017: $542,668Net Income 2017: -$94,0592017Revenue 2018: $451,458Expenses 2018: $492,793Net Income 2018: -$41,3352018Revenue 2019: $443,637Expenses 2019: $510,139Net Income 2019: -$66,5022019Revenue 2020: $454,972Expenses 2020: $506,841Net Income 2020: -$51,8692020Revenue 2021: $450,291Expenses 2021: $551,243Net Income 2021: -$100,9522021Revenue 2022: $441,819Expenses 2022: $566,769Net Income 2022: -$124,9502022Revenue 2023: $470,673Expenses 2023: $577,250Net Income 2023: -$106,5772023Revenue 2024: $479,203Expenses 2024: $522,116Net Income 2024: -$42,9132024

Highlighted filing

2019

Revenue$443,637
Expenses$510,139
Net Income-$66,502
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 22, 2020
Return Version
2019v5.1
Gross Receipts
$443,637
Mission and Program Overview

Mission

LOW INCOME HOUSING

To provide affordable and accessible housing to elderly and handicaped persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,544,835$2,452,773▼ $92,062
Cash and Non-Interest-Bearing Accounts$3,899$10,663▲ $6,764
Prepaid Expenses and Deferred Charges$10,214$8,818▼ $1,396
Accounts Receivable$7,968$1,527▼ $6,441
Total Assets$2,793,806$2,748,635▼ $45,171
Other Assets Total$226,890$274,854▲ $47,964
Liabilities
Accounts Payable and Accrued Expenses$61,289$79,798▲ $18,509
Other Liabilities$69,321$71,245▲ $1,924
Deferred Revenue$643$1,541▲ $898
Total Liabilities$131,253$152,584▲ $21,331
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,949,156$3,949,156→ $0
Net Assets Without Donor Restrictions$-1,286,603$-1,353,105▼ $66,502
Total Net Assets Fund Balance$2,662,553$2,596,051▼ $66,502
Total Liabilities and Net Assets / Fund Balance$2,793,806$2,748,635▼ $45,171

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,110,772$1,631,303$3,742,075
Equipment$132,001$151,475$283,476
Land$210,000-$210,000
Other Assets Org$79,570--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gwendolyn L StegallChairperson
Brenda HouseBoard Member
Carmen KuulaBoard Member
Jimmy RuthBoard Member
Judith BarrisBoard Member
Nevita HouseBoard Member
Steve CervasBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$258,115
Program Service Revenue
$182,005
Investment Income
$2,058
Other Revenue
$1,459
Change in Net Assets
$-66,502

Audited Revenue Reconciliation

Revenue per Audited Statements
$443,637
Total Revenue per Audited Statements
$443,637
Total Revenue per Form 990
$443,637
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$406,773
Salaries, Compensation, and Employee Benefits$103,366
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$203,514$0$0$203,514
Depreciation Depletion$103,323$0$0$103,323
Other Salaries and Wages$85,230$0$0$85,230
Fees for Services Management$0$27,600$0$27,600
Office Expenses$20,799$0$0$20,799
Other Employee Benefits$11,463$0$0$11,463
Insurance$9,818$0$0$9,818
Payroll Taxes$6,673$0$0$6,673
Fees for Services Accounting$6,000$0$0$6,000
All Other Expenses$5,229$0$0$5,229
Other Expenses$5,086$0$0$5,086
Fees for Services Legal$4,782$0$0$4,782
Advertising$1,774$0$0$1,774
Conferences and Meetings$817$0$0$817
Total Functional Expenses$482,539$27,600$0$510,139

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$510,139
Total Expenses per Audited Statements$510,139
Total Expenses per Form 990$510,139
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Residual Receipts Liability$55,773
Security Deposit (Contra)$15,472
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Ridgeiew Terrace Inc
EIN
34-1918395
Phone
3303768787
Address
2400 East 38th, Ashtabula, OH 44004

Signing Officer

Name
Gwen Stegall
Title
Chairperson
Phone
3303768787
Signed
2020-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gwen Stegall
Formed
2001
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
6

Preparer

Firm
Kevin L Penn Inc
Address
11811 SHAKER BLVD STE 421, CLEVELAND, OH 44120-1927
Preparer
Kevin L Penn Inc
Phone
2164211000
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

Management duties has been delegated to Alpha Phi Alpha Homes, Inc.

Pt VI, Line 11B

The Executive Director presents the Form 990 to the Board of Directors.

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IRS990/PYOtherRevenueAmt017136
IRS990/PYProgramServiceRevenueAmt0177718
IRS990/PYRevenuesLessExpensesAmt0-41335
IRS990/PYTotalExpensesAmt0492793
IRS990/PYTotalRevenueAmt0451458
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-66502
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0447201
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0258115
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0255307
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0259835
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0177283
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0467850
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01418390
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01298
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0624
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt058
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04301
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99700
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt01418390
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0258115
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0255307
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0259835
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0177283
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0467850
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01418390
IRS990ScheduleA/TotalSupportAmt01422691
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt02110772
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01631303
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03742075
IRS990ScheduleD/EquipmentGrp/BookValueAmt0132001
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0151475
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0283476
IRS990ScheduleD/ExpensesSubtotalAmt0510139
IRS990ScheduleD/LandGrp/BookValueAmt0210000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0210000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt017888
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1110065
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt267331
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt379570
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Security Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Replacement Reserve
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Residual Receipts
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Other Reserves
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt015472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt155773
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Security Deposit (Contra)
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Residual Receipts Liability
IRS990ScheduleD/RevenueSubtotalAmt0443637
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02452773
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0274854
IRS990ScheduleD/TotalExpensesPerForm990Amt0510139
IRS990ScheduleD/TotalLiabilityAmt071245
IRS990ScheduleD/TotalRevenuePerForm990Amt0443637
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0443637
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0510139
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Management duties has been delegated to Alpha Phi Alpha Homes, Inc.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Executive Director presents the Form 990 to the Board of Directors.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02793806
IRS990/TotalAssetsEOYAmt02748635
IRS990/TotalAssetsGrp/BOYAmt02793806
IRS990/TotalAssetsGrp/EOYAmt02748635
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0258115
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0482539
IRS990/TotalFunctionalExpensesGrp/TotalAmt0510139
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0131253
IRS990/TotalLiabilitiesEOYAmt0152584
IRS990/TotalLiabilitiesGrp/BOYAmt0131253
IRS990/TotalLiabilitiesGrp/EOYAmt0152584
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02662553
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02596051
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0482539
IRS990/TotalProgramServiceRevenueAmt0182005
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0185522
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0443637

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.19$2.20$0.48$0.52$0.04
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.20$2.25$0.47$0.58$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.17$2.35$0.44$0.57$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.16$2.48$0.45$0.55$0.10
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.13$2.58$0.45$0.51$0.05
2019Detailed filing. Detailed filing data is available for this year.$2.75$0.15$2.60$0.44$0.51$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.79$0.13$2.66$0.45$0.49$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.15$2.70$0.45$0.54$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.88$0.09$2.80$0.46$0.46$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.90$0.11$2.79$0.47$0.64$0.17
2014Detailed filing. Detailed filing data is available for this year.$3.05$0.08$2.97$0.47$0.53$0.06
2013Detailed filing. Detailed filing data is available for this year.$3.11$0.08$3.03$0.46$0.48$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.08$3.06$0.48