L โ€” Housing & ShelterEIN: 264499876ยท Ruling Year: 2009

Ric Redbud Apartments

Gastonia, North Carolina

DHealth Score
27D

Financial Health Score

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

Poor

๐Ÿ’ฐ
$95K
Total Revenue
๐Ÿ“Š
$119K
Total Expenses
๐Ÿฆ
-$349K
Net Assets
๐Ÿ“‹
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.5%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-25.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
-2.95
Net assets divided by total expenses
Liabilities-to-Assets
134.4%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$94,567โ†‘2%$118,527โ†“2%$1,015,007โ†“2%
2022$92,271โ†‘4%$121,241โ†“1%$1,035,864โ†“3%
2021$88,897$122,162โ†‘1%$1,067,071โ†“3%
2020$89,043$120,954โ†‘5%$1,099,286โ†“3%
2019$88,936โ†‘3%$115,637โ†‘5%$1,131,279โ†“2%
2018$86,155โ†‘9%$109,766โ†“13%$1,158,036โ†“2%
2017$78,710โ†‘41%$126,737โ†‘45%$1,185,154โ†“4%
2016$55,633โ†‘7%$87,436โ†‘29%$1,233,003โ†“1%
2015$51,794$67,774$1,251,087

Frequently Asked Questions

What does Ric Redbud Apartments do?โ–ผ

Ric Redbud Apartments is a housing & shelter nonprofit organization based in North Carolina. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ric Redbud Apartments financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Ric Redbud Apartments.

How much revenue does Ric Redbud Apartments generate?โ–ผ

Ric Redbud Apartments reports $105K in annual revenue and holds $957K in total assets, based on IRS filings.

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Ric Redbud Apartments โ€” Gastonia, NC | GiveScope