SDCO RIO SAN DIEGO PLAZA II INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

ROBERT A TOOMEY JR

Phone

3033176464

Tax Period

2024-01-01 to 2024-12-31

SDCO RIO SAN DIEGO PLAZA II INC, founded in 2005, is a community nonprofit in the Community Improvement sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $888K, a strong 35% operating margin.

Mission

THE ORGANIZATION WAS ORGANIZED TO ACQUIRE REAL PROPERTY, HOLD TITLE THERETO, COLLECT INCOME FROM SUCH PROPERTY, AND REMIT THE ENTIRE AMOUNT LESS EXPENSES TO QUALIFIED SHAREHOLDERS.

Program Service Accomplishments

Program 1

Revenue: $2,542,500

THE ORGANIZATION WAS ORGANIZED TO ACQUIRE REAL PROPERTY, HOLD TITLE THERETO, COLLECT INCOME FROM SUCH PROPERTY, AND REMIT THE ENTIRE AMOUNT LESS EXPENSES TO QUALIFIED SHAREHOLDERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,542,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,542,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,654,217

TOTAL EXPENSES $1,654,217

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,542,500	$2,653,903	0.0%
Expenses	$1,654,217	$1,590,580	+0.0%
Net Income	$888,283	$1,063,323	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT A TOOMEY JR	PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF HIGGINS	TREASURER/VP	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,542,500	$1,654,217	$27,227,887	$888,283
2023	$2,653,903	$1,590,580	$24,168,829	$1,063,323
2022	$2,560,532	$1,711,122	$26,201,281	$849,410
2021	$2,735,638	$1,655,516	$29,167,574	$1,080,122
2020	$2,986,928	$1,596,792	$26,902,039	$1,390,136
2019	$2,783,396	$1,474,699	$27,032,640	$1,308,697
2018	$2,521,277	$1,373,524	$26,451,665	$1,147,753