LHousing & ShelterEIN: 222185024· Ruling Year: 1978

Ridge Oak Inc

Basking Ridge, New Jersey

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$7.8M
Total Revenue
📊
$5.9M
Total Expenses
🏦
$35.5M
Net Assets
📋
$303K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.8%
Year-over-year change (2023 → 2024)
Net Margin
+24.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.00
Net assets divided by total expenses
Liabilities-to-Assets
0.8%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$7,782,3661%$5,910,03816%$35,754,08010%
2023$7,721,7483%$5,087,6739%$32,623,27910%
2022$7,489,57013%$4,667,9697%$29,620,650
2021$6,648,8513%$4,364,1763%$29,738,00016%
2020$6,434,2904%$4,216,6161%$25,711,5945%
2019$6,216,39811%$4,168,220$24,413,24116%
2018$5,591,83026%$4,165,5307%$21,096,9458%
2017$4,430,2309%$3,885,4412%$19,520,4293%
2016$4,064,8042%$3,819,4435%$18,892,7791%
2015$4,162,4174%$3,634,4231%$18,627,6001%
2014$4,019,3845%$3,586,9686%$18,381,4454%
2013$4,237,3014%$3,377,5144%$17,735,3845%
2012$4,068,7143%$3,259,6777%$16,943,8145%
2011$3,942,781$3,047,021$16,118,163

Frequently Asked Questions

What does Ridge Oak Inc do?

Ridge Oak Inc is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L210 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ridge Oak Inc financially healthy?

Based on our 9-metric Financial Health Score model, Ridge Oak Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Ridge Oak Inc generate?

Ridge Oak Inc reports $9.7M in annual revenue and holds $39.1M in total assets, based on IRS filings.

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