Quick charity verification for Ridge Oak Inc (EIN: 222185024)
Verdict: Ridge Oak Inc appears trustworthy
85/100Mission Score
$16.2MRevenue
$39.1MAssets
3Red Flags
4Strengths
Red Flags
Lack of detailed breakdown for program expenses in public filings.
Absence of specific executive compensation figures in the provided data.
Limited public access to detailed financial reports beyond basic IRS filings.
Strengths
Consistent revenue growth over the past five years, from $6,434,290 in 2020 to $7,782,366 in 2024.
Strong asset growth, increasing from $25,711,594 in 2020 to $35,754,080 in 2024.
Low liability-to-asset ratio, indicating strong financial health and stability.
High percentage of expenses allocated to programs (76%), suggesting a focus on mission delivery.
AI Transparency Report
Ridge Oak Inc is a housing & shelter nonprofit based in Basking Ridge, New Jersey, with reported revenue of $16.2M and assets of $39.1M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 76% of spending goes to programs, 14% to administration, and 10% to fundraising. Executive compensation details are not disclosed in the provided data, preventing a comprehensive assessment of its reasonableness relative to the organization's revenue and assets. Revenue has grown +97% across 14 filing periods.