RIVERSIDE COUNTY BOARD OF EDUCATION SERVICE CENTER BUILDING CORPORATION

EIN: 271316979

RIVERSIDE, CA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
1977
Legal Domicile
CA
Phone
9518266790
Tax Period
2023-07-01 to 2024-06-30

Mission

TO RENDER ASSISTANCE TO RIVERSIDE COUNTY OFFICE OF EDUCATION (RCOE) BY ACQUIRING LAND AND PROVIDING FOR THE CONSTRUCTION OF ADMINISTRATIVE AND RELATED FACILITIES FOR USE BY RCOE. THE CORPORATION PROVIDES FOR THE CONSTRUCTION THROUGH BONDED INDEBTEDNESS FINANCING AND SUBLEASES THE PROPERTIES BACK TO RCOE.

Program Service Accomplishments

Program 1

TO ACHEIVE ITS PURPOSE, THE CORPORATION HAS ENTERED INTO CERTAIN AGREEMENTS TO LEASE REAL PROPERTY TO THE RIVERSIDE COUNTY OFFICE OF EDUCATION. THE CORPORATION PROVIDES FOR THE CONSTRUCTION OF...

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TO ACHEIVE ITS PURPOSE, THE CORPORATION HAS ENTERED INTO CERTAIN AGREEMENTS TO LEASE REAL PROPERTY TO THE RIVERSIDE COUNTY OFFICE OF EDUCATION. THE CORPORATION PROVIDES FOR THE CONSTRUCTION OF BUILDINGS, FINANCED THROUGH THE ISSUANCE OF BONDED INDEBTEDNESS, AND SUBLEASES THE PROPERTIES BACK TO THE RIVERSIDE COUNTY OFFICE OF EDUCATION THROUGH LEASE/PURCHASE AGREEMENTS. THE RENTAL PROCEEDS FROM THE SUBLEASE ARE USED TO PAY PRINCIPAL AND INTEREST ON THE BONDED INDEBTEDNESS. CURRENTLY THERE IS NO ACTIVITY, NOR BONDS IN PLACE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

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

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A 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
4
Independent Members
4
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MR TOM JOHNSON Vice President 1.00
Officer Director
$0 $0 $0
MR CHARLES FISCHER Treasurer 1.00
Officer Director
$0 $0 $0
MR WILLIAM SPIRES President 1.00
Officer Director
$0 $0 $0
MR ROLLIN EDMUNDS Member 1.00
Director
$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 No data No data No data No data
2022 No data No data No data No data
2021 No data No data No data No data
2020 No data No data No data No data
2019 No data No data No data No data
2018 No data No data No data No data
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