East Ridge Town Hall Inc
Nonprofit profile at a glance
- EIN
- 823852520
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cutler Bay, FL, USA
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Recreational Centers
Reported finances
- Revenue
- $60,687
- Expenses
- $34,905
- Assets
- $112,086
- Liabilities
- $513
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- RICHARD PESIN (PRESIDENT)
People named in this filing
- RICHARD PESIN (PRESIDENT)
- RICHARD PESSIN (VICE PRESIDE)
- ROMA HENNING (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Encourage, provide, support and maintain cultural, religious, recreational and social activities to enhance the quality of life for residents of east ridge retirement village, inc., a 501 (c) 3 organization.
What it reported doing in 2024
The east ridge town hall attempts to enhance the quality of life for residents of east ridge retirement village, inc., a 501 (c)(3) organization.
Operating model
- Revenue model
- Earned-program. 72% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 74
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.8%; rating input score 54
- Program expense ratio: 93.7%; rating input score 94
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 42.5%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 3.21; rating input score 76; 76th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 4.2% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 79th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 53.8% of revenue deployed · 93.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.