Civic Intelligence

Riverspring Health Senior Living Inc

EIN 46-5584538 • 501(c)3 • Bronx, NY

Profile

Riverspring health senior living, inc. Dba river's edge (river's edge) is a new york not-forprofit corporation organized in 2014 to own and operate a continuing care retirement community (ccrc), also known as a life-care community, authorized under article 46 of new york's public health law. The ccrc is planned to have a total of 379 independent living units (ilus) constructed in two phases: phase 1 consisting of 260 ilus to be constructed on a portion of property owned by the hebrew home at riverdale (hhar) and phase 2 consisting of 119 ilus to be constructed on adjacent property currently owned by the hebrew home for the aged at riverdale foundation (hharf). Assisted living, memory support, and long-term nursing services offered as part of the life care plan will be provided under an arrangement with hhar.

5901 Palisade AvenueBronx, NY 10471

www.riverspringliving.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.12x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

100th percentile

1729.68x

Higher debt load relative to revenue than 100% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

1st percentile

-8073%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

$79,659,889

No earlier filing loaded for comparison.

Liabilities

$88,843,425

No earlier filing loaded for comparison.

Net Assets

-$9,183,536

No earlier filing loaded for comparison.

Revenue

$51,364

No earlier filing loaded for comparison.

Expenses

$4,197,790

No earlier filing loaded for comparison.

Net Income

-$4,146,426

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0-$50MAssets 2024: $79,659,889Liabilities 2024: $88,843,425Net Assets 2024: -$9,183,5362024

Highlighted filing

2024

Assets$79,659,889
Liabilities$88,843,425
Net Assets-$9,183,536

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$5.0M$0-$5.0MRevenue 2024: $51,364Expenses 2024: $4,197,790Net Income 2024: -$4,146,4262024

Highlighted filing

2024

Revenue$51,364
Expenses$4,197,790
Net Income-$4,146,426

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. NTEE L22 • $50M-$100M nonprofits