ALBINA OPPORTUNITIES CORPORATION DBA ASCENT FUNDING (EIN 205597705) - Form 990 Financial Analysis & Trantor Score

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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

2007

Legal Domicile

Principal Officer

ROBIN WANG

Phone

5034885945

Tax Period

2019-01-01 to 2019-12-31

ALBINA OPPORTUNITIES CORPORATION DBA ASCENT FUNDING, founded in 2007, is a micro nonprofit that reported $260K in total revenue in fiscal year 2019. Revenue fell 206% from the prior year — a significant decline worth monitoring.

Mission

TO CREATE FINANCIAL EQUITY AND JOBS IN THE PORTLAND AREA THROUGH LENDING AND BUSINESS GUIDANCE TO MINORITY-OWNED, WOMEN-OWNED, DISADVANTAGED, AND LOW INCOME BUSINESS COMMUNITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $43,026

Program Service Revenue $137,951

Investment Income $-406,315

Other Revenue $-34,534

TOTAL REVENUE $-259,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $243,219

Fundraising Expenses $4,485

Program Expenses $376,839

Other Expenses $182,674

TOTAL EXPENSES $425,893

Year-over-Year Comparison

	2019	2018	Change
Revenue	$-259,872	$245,256	-2.1%
Expenses	$425,893	$359,965	+0.2%
Net Income	$-685,765	$-114,709	+5.0%

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

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

$107,311

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN GARCIA	DIRECTOR	1.00	Director	$0	$0	$0
SHOBI DAHL	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA HOLDEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY LANG	DIRECTOR	1.00	Director	$0	$0	$0
WARD GREENE	DIRECTOR	1.00	Director	$0	$0	$0
ART HIEMSTRA	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE WATTS	DIRECTOR	1.00	Director	$0	$0	$0
ERIK SELDEN	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA SANGER	DIRECTOR	1.00	Director	$0	$0	$0
AMY WAYSON	DIRECTOR	1.00	Director	$0	$0	$0
BRYSON DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
ERIN TOCHEN	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN WANG	EXECUTIVE DIRECTOR	40.00	Officer	$102,045	$5,266	$107,311

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
2019	$-259,872	$425,893	$548,628	$-685,765
2018	$245,256	$359,965	$2,686,704	$-114,709

ALBINA OPPORTUNITIES CORPORATION DBA ASCENT FUNDING