Forest Ridge Manor Inc
Forest Ridge Manor Inc. faces long-term solvency challenges despite recent revenue growth and positive net income in 2023.
EIN: 201885811 · Maryville, TN · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $405K |
| Program Spending | 80% |
| Net Assets | $-1,053,579 |
| Transparency Score | 55/100 |
Is Forest Ridge Manor Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forest Ridge Manor Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forest Ridge Manor Inc
Forest Ridge Manor Inc (EIN: 201885811) is a nonprofit organization based in Maryville, TN, classified under NTEE code P80. The organization reported total revenue of $360K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest Ridge Manor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest Ridge Manor Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $485K |
| Total Expenses | $405K |
| Surplus / Deficit | +$80K |
| Total Assets | $2.4M |
| Total Liabilities | $3.4M |
| Net Assets | $-1,053,579 |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 144.7% |
| Months of Reserves | 69.9 months |
Financial Health Grade: A
In 2023, Forest Ridge Manor Inc reported a surplus of $80K with revenue exceeding expenses, holds 69.9 months of operating reserves (strong position), has a debt-to-asset ratio of 144.7% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Forest Ridge Manor Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.7% | +7.2% | -2.2% |
| 2022 | +14.1% | -1.4% | +0.7% |
| 2021 | +4.4% | +0.8% | -4.9% |
| 2020 | +4.7% | +24.1% | -5.1% |
| 2019 | +6.4% | -0.4% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Forest Ridge Manor Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Forest Ridge Manor Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 144.7%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, which is a positive indicator for minimizing overhead related to executive pay and suggests a volunteer-driven or very modestly compensated leadership structure relative to the organization's size and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Forest Ridge Manor Inc's IRS 990 filings:
- Persistent negative net asset position, with liabilities consistently exceeding assets (e.g., $3.4M liabilities vs. $2.3M assets in 2023).
- Consistent operating deficits in most years prior to 2023, indicating an unsustainable spending pattern relative to revenue.
- Declining asset base over the past several years, from over $3M in 2015 to $2.3M in 2023.
Strengths
The following positive indicators were identified for Forest Ridge Manor Inc:
- Positive net income reported in the latest fiscal period (2023), reversing a trend of deficits.
- Significant increase in revenue in 2023 ($485,002), demonstrating improved fundraising or service income.
- No reported officer compensation, indicating efficient use of funds regarding executive pay.
- Consistent filing of IRS Form 990s over 14 periods, demonstrating commitment to transparency.
Frequently Asked Questions about Forest Ridge Manor Inc
Is Forest Ridge Manor Inc a legitimate charity?
Forest Ridge Manor Inc (EIN: 201885811) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 55/100. It has 14 years of IRS 990 filings on record. Total revenue: $360K. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Forest Ridge Manor Inc spend its money?
Forest Ridge Manor Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Forest Ridge Manor Inc tax-deductible?
Forest Ridge Manor Inc is registered as a tax-exempt nonprofit (EIN: 201885811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Forest Ridge Manor Inc's spending goes to programs?
Forest Ridge Manor Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Forest Ridge Manor Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Forest Ridge Manor Inc is near average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Forest Ridge Manor Inc located?
Forest Ridge Manor Inc is headquartered in Maryville, Tennessee and files with the IRS under EIN 201885811. It is classified under NTEE code P80.
How many years of IRS 990 filings does Forest Ridge Manor Inc have?
Forest Ridge Manor Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $360K in total revenue.
Is Forest Ridge Manor Inc. financially stable?
No, the organization is not financially stable. While 2023 showed a positive net income ($485,002 revenue vs. $405,281 expenses), its liabilities ($3,412,699 in 2023) consistently exceed its assets ($2,359,120 in 2023), indicating a significant negative net asset position that has persisted for many years.
What is the trend in Forest Ridge Manor Inc.'s revenue?
Forest Ridge Manor Inc. has shown a positive revenue trend in recent years, increasing from $216,705 in 2017 to $485,002 in 2023, with a notable jump in the latest period.
How has the organization's asset base changed over time?
The organization's assets have been on a declining trend, from $3,085,660 in 2015 to $2,359,120 in 2023, indicating a reduction in its resource base.
Does Forest Ridge Manor Inc. pay its officers?
Based on the provided IRS 990 data, Forest Ridge Manor Inc. has reported 0% officer compensation across all available filings, suggesting that officers are either unpaid or compensated below reporting thresholds.
Filing History
IRS 990 filing history for Forest Ridge Manor Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Forest Ridge Manor Inc's revenue has grown by 232.1%, moving from $146K to $485K. Total assets decreased by 31.2% over the same period, from $3.4M to $2.4M. Total functional expenses rose by 88.3%, from $215K to $405K. In its most recent filing year (2023), Forest Ridge Manor Inc reported a surplus of $80K, with revenue exceeding expenses. The organization holds $3.4M in liabilities against $2.4M in assets (debt-to-asset ratio: 144.7%), resulting in net assets of $-1,053,579.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $485K | $405K | $2.4M | $3.4M | — | — |
| 2022 | $304K | $378K | $2.4M | $3.5M | — | View 990 |
| 2021 | $266K | $384K | $2.4M | $3.5M | — | View 990 |
| 2020 | $255K | $380K | $2.5M | $3.5M | — | — |
| 2019 | $244K | $306K | $2.7M | $3.5M | — | View 990 |
| 2018 | $229K | $308K | $2.7M | $3.5M | — | View 990 |
| 2017 | $217K | $331K | $2.8M | $3.5M | — | View 990 |
| 2016 | $223K | $222K | $2.9M | $3.5M | — | — |
| 2016 | $203K | $291K | $3.0M | $3.5M | — | View 990 |
| 2015 | $116K | $274K | $3.1M | $3.6M | — | View 990 |
| 2014 | $130K | $226K | $3.2M | $3.5M | — | View 990 |
| 2013 | $137K | $223K | $3.3M | $3.5M | — | View 990 |
| 2012 | $140K | $216K | $3.4M | $3.5M | — | View 990 |
| 2011 | $146K | $215K | $3.4M | $3.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $485K, expenses of $405K, and assets of $2.4M (revenue +59.7% year-over-year).
- 2022: Revenue of $304K, expenses of $378K, and assets of $2.4M (revenue +14.1% year-over-year).
- 2021: Revenue of $266K, expenses of $384K, and assets of $2.4M (revenue +4.4% year-over-year).
- 2020: Revenue of $255K, expenses of $380K, and assets of $2.5M (revenue +4.7% year-over-year).
- 2019: Revenue of $244K, expenses of $306K, and assets of $2.7M (revenue +6.4% year-over-year).
- 2018: Revenue of $229K, expenses of $308K, and assets of $2.7M (revenue +5.6% year-over-year).
- 2017: Revenue of $217K, expenses of $331K, and assets of $2.8M (revenue -2.8% year-over-year).
- 2016: Revenue of $223K, expenses of $222K, and assets of $2.9M (revenue +9.7% year-over-year).
- 2016: Revenue of $203K, expenses of $291K, and assets of $3.0M (revenue +74.7% year-over-year).
- 2015: Revenue of $116K, expenses of $274K, and assets of $3.1M (revenue -10.8% year-over-year).
- 2014: Revenue of $130K, expenses of $226K, and assets of $3.2M (revenue -4.7% year-over-year).
- 2013: Revenue of $137K, expenses of $223K, and assets of $3.3M (revenue -2.1% year-over-year).
- 2012: Revenue of $140K, expenses of $216K, and assets of $3.4M (revenue -4.2% year-over-year).
- 2011: Revenue of $146K, expenses of $215K, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest Ridge Manor Inc:
Data Sources and Methodology
This transparency report for Forest Ridge Manor Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.