REEF IMPERIAL ROSE INC (EIN 205129040) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

CORY CARLSON

Phone

2063820825

Tax Period

2023-01-01 to 2023-12-31

REEF IMPERIAL ROSE INC, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. The organization ran a surplus of $993K, a strong 41% operating margin.

Mission

THE ENTITY IS ORGANIZED AS A TITLE-HOLDING COMPANY, ORGANIZED SOLELY FOR THE LIMITED PURPOSE OF ACQUIRING, OWNING, IMPROVING, LEASING, MANAGING, OPERATING AND HOLDING FOR INVESTMENT PURPOSES REAL ESTATE KNOWN AS IMPERIAL ROSE PLAZA LOCATED IN PLACENTIA, CA. THE ENTITY REMITS THE NET AMOUNTS TO A QUALIFYING 501(A) PARENT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,396,550

Investment Income $4,669

Other Revenue $0

TOTAL REVENUE $2,401,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,408,468

TOTAL EXPENSES $1,408,468

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,401,219	$2,269,725	+0.1%
Expenses	$1,408,468	$1,312,461	+0.1%
Net Income	$992,751	$957,264	+0.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CORY A CARLSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICK S MALLEY	CEO/PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT KOVECS	SECRETARY/CFO/TREASURER	1.00	Officer	$0	$0	$0
ROBIN DEAN	VICE PRESIDENT	1.00	Officer	$0	$0	$0
PETER BURY	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JENNY GAGE	VICE PRESIDENT	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	No data	No data	No data	No data
2023	$2,401,219	$1,408,468	$18,332,294	$992,751
2022	$2,269,725	$1,312,461	$18,562,883	$957,264
2021	$2,246,970	$1,315,449	$18,470,445	$931,521
2020	$1,912,362	$1,266,728	$17,845,978	$645,634
2019	$1,870,885	$1,202,534	$18,017,135	$668,351
2018	$2,043,460	$1,197,314	$18,396,900	$846,146

REEF IMPERIAL ROSE INC