Charity Search / HADC RIDGEWAY
Housing & Shelter (L20) 990 on File

HADC RIDGEWAY

EIN: 41-1897376 · DEEPHAVEN, MN 55391-3232 · United States · FY 2025 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 55/100
Effectiveness (25%) 41/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$26K
Total Revenue
$32K
Total Expenses
$776K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 63.1%
Fundraising Efficiency N/A
Operating Reserve 294.74x
Liability-to-Asset 0.3%
Revenue Diversification 75.3%
Compared with Peers
FY 2025
Compared with 1,152 similar organizations (United States, Housing & Shelter, under $100K in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
63.1% 83.6%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
36.9% 13.9%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
294.7 mo 32.0 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.3% 2.1%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
75.3% 99.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-99.5% 0.6%
P10P90
Expense growth
Year over year expense growth
-98.9% 0.0%
P10P90
Surplus margin
Surplus as a share of revenue
-20.5% 10.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $26K $32K $776K 63.1% 0
2024 $5.6M $3.0M $771K 94.8% 0
2023 $4.7M $5.1M $-1,878,005 95.3% 0
2022 $4.2M $4.8M $-2,075,144 95.1% 0
2021 $4.3M $4.8M N/A — 0
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Organization Details
EIN
41-1897376
State
MN
City
DEEPHAVEN
ZIP
55391-3232
Classification
L20
Category
Housing & Shelter
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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