FLEET RESERVE ASSOC CV BRANCH 61

EIN: 237156603 Unknown

CHULA VISTA, CA

Total Revenue
$25,892
Total Expenses
$33,923
Total Assets
$218,254
Net Assets
$218,254
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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
1952
Legal Domicile
CA
Phone
6194221800
Tax Period
2024-07-01 to 2025-06-30

FLEET RESERVE ASSOC CV BRANCH 61, founded in 1952, is a micro nonprofit in the Unknown sector that reported $26K in total revenue in fiscal year 2024. Expenses of $34K exceeded revenue, resulting in a 31% operating deficit.

Mission

TO SERVE VETERANS, THEIR FAMILIES, YOUTH AND THE COMMUNITY

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,680
Program Service Revenue $0
Investment Income $19,212
Other Revenue $0
TOTAL REVENUE $25,892

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $33,923
TOTAL EXPENSES $33,923

Year-over-Year Comparison

2024 2023 Change
Revenue $25,892 N/A N/A
Expenses $33,923 N/A N/A
Net Income $-8,031 N/A N/A
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

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHNNY BOYD TREASURER 20.00
Officer
$0 $0 $0
MICHELLE RICHARDSON PRESIDENT 10.00
Officer
$0 $0 $0
TOMMY DAVIDSON SECRETARY 4.00
Officer
$0 $0 $0
ASHLEY DAVIDSON VICE PRESIDENT 5.00
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
2025 $25,892 $33,923 $218,254 $-8,031
2024 $30,982 $73,051 $335,560 $-42,069
2023 $27,611 $43,805 $483,857 $-16,194
2022 $13,697 $29,100 $500,051 $-15,403
2021 $74,431 $39,837 $515,454 $34,594
2020 $27,626 $33,743 $480,860 $-6,117
2019 $29,655 $34,756 $486,977 $-5,101
2018 $22,735 $36,727 $492,078 $-13,992
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