MONTEREY COUNTY REGISTERED NURSES ASSOCIATION (EIN 271868809) - 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

IFEOMA ADAMS

Phone

5102732200

Tax Period

2020-01-01 to 2020-12-31

MONTEREY COUNTY REGISTERED NURSES ASSOCIATION, founded in 2007, is a micro nonprofit that reported $70K in total revenue in fiscal year 2020. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $96K exceeded revenue, resulting in a 37% operating deficit.

Mission

TO NEGOTIATE LABOR CONTRACTS BETWEEN THE ASSOCIATION AND THE COUNTY OF MONTEREY, AND TO ENSURE ADHERENCE TO CONTRACT ISSUES. TO PROVIDE LEGAL REPRESENTATION IN ANY LABOR RELATED ISSUES BETWEEN MEMBERS AND THE COUNTY. TO BE INVOLVED IN MAKING DECISIONS REGARDING PATIENT CARE, PROFESSIONAL STANDARDS, AND SCOPE OF PRACTICE. TO ENCOURAGE EACH REGISTERED NURSE TO PURSUE THE HIGHEST IDEALS OF NURSING PRACTICE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $69,801

Program Service Revenue $0

Investment Income $95

Other Revenue $0

TOTAL REVENUE $69,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,500

Other Expenses $87,643

TOTAL EXPENSES $95,758

Year-over-Year Comparison

	2020	2019	Change
Revenue	$69,896	$294,336	-0.8%
Expenses	$95,758	$311,335	-0.7%
Net Income	$-25,862	$-16,999	+0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AUDELIA GALINDO	SECRETARY	1.00	Officer Director	$0	$0	$0
ROSA GUTIERREZ	FORMER PRESIDENT	1.00	Officer Director	$0	$0	$0
LES CHIANG	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM MCKAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL GIBSON	TREASURER	1.00	Officer Director	$0	$0	$0
IFEOMA ADAMS	FINANCIAL OFFICER	1.00	Officer 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
2020	$69,896	$95,758	No data	$-25,862
2019	$294,336	$311,335	$266,775	$-16,999
2018	$306,380	$302,835	$283,774	$3,545

MONTEREY COUNTY REGISTERED NURSES ASSOCIATION