WATSONVILLE CIVIC PLAZA PROPERTY OWNERS ASSOCIATION (EIN 262502847) - 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

2008

Legal Domicile

Phone

8317683470

Tax Period

2025-01-01 to 2025-12-31

WATSONVILLE CIVIC PLAZA PROPERTY OWNERS ASSOCIATION, founded in 2008, is a small nonprofit in the Public & Societal Benefit sector that reported $765K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 74% operating deficit.

Mission

THE SPECIFIC PURPOSE OF THIS ORGANIZATION IS TO LESSEN THE BURDEN PLACED ON THE CITY OF WATSONVILLE AND THE COUNTY OF SANTA CRUZ BY ESTABLISHING AN OWNER'S ASSOCIATION FOR THE MANAGEMENT, MAINTENANCE, PRESERVATION, AND ARCHITECTURAL CONTROL OF CONDOMINIUM OFFICE SPACE.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $765,161

Investment Income $0

Other Revenue $0

TOTAL REVENUE $765,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $135,827

Fundraising Expenses $0

Program Expenses $1,329,058

Other Expenses $1,193,231

TOTAL EXPENSES $1,329,058

Year-over-Year Comparison

	2025	2024	Change
Revenue	$765,161	$1,016,679	-0.2%
Expenses	$1,329,058	$789,656	+0.7%
Net Income	$-563,897	$227,023	-3.5%

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

$704,231

Total Directors

$704,231

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARISSA DURAN	CEO	4.00	Officer Director	$0	$37,750	$273,939
ALICIA MARTINEZ	Secretary	3.00	Officer Director	$0	$37,007	$255,227
SILVIA DIAZ	CFO	3.00	Officer Director	$0	$33,104	$175,065

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	$765,161	$1,329,058	$1,267,249	$-563,897
2024	No data	No data	No data	No data
2023	$1,192,426	$684,136	$1,593,132	$508,290
2022	$1,401,701	$775,644	$1,168,691	$626,057
2021	$739,731	$652,548	$530,887	$87,183
2020	$1,003,128	$591,481	$411,307	$411,647
2019	$719,863	$556,628	$104,142	$163,235
2018	$404,781	$692,761	$176,655	$-287,980

WATSONVILLE CIVIC PLAZA PROPERTY OWNERS ASSOCIATION