RIVER NORTH ASSOCIATION LTD GREATER RIVER NORTH BUSINESS ASSOCIATION (EIN 363146628) - 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

1981

Legal Domicile

Principal Officer

MARTY PADILLA

Phone

3126451047

Tax Period

2022-01-01 to 2022-12-31

RIVER NORTH ASSOCIATION LTD GREATER RIVER NORTH BUSINESS ASSOCIATION, founded in 1981, is a micro nonprofit that reported $85K in total revenue in fiscal year 2022. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $287K exceeded revenue, resulting in a 237% operating deficit.

Mission

DEDICATED TO PROMOTING AWARENESS AND VISIBILITY FOSTERING BUSINESS RELATIONSHIPS AND RESPONSIBLE DEVELOPMENT STIMULATING GROWTH AND

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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 (2022)

Revenue Breakdown

Contributions & Grants $30,107

Program Service Revenue $54,850

Investment Income $33

Other Revenue $0

TOTAL REVENUE $84,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,275

Fundraising Expenses $0

Program Expenses $130,045

Other Expenses $149,488

TOTAL EXPENSES $286,763

Year-over-Year Comparison

	2022	2021	Change
Revenue	$84,990	$138,090	-0.4%
Expenses	$286,763	$241,426	+0.2%
Net Income	$-201,773	$-103,336	+1.0%

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

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTY PADILLA	PRESIDENT	40.00	Officer	$100,000	$0	$100,000
MEGHAN STOKES	DIRECTOR	4.000	Director	$0	$0	$0
GABRIEL ZUCKER	VICE CHAIR	4.000	Director	$0	$0	$0
SANDYA DANDAMUDI	SECRETARYDIRECTOR	4.000	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
2022	$84,990	$286,763	$177,957	$-201,773
2019	$241,013	$254,125	$27,948	$-13,112
2018	$272,582	$248,765	$203,588	$23,817

RIVER NORTH ASSOCIATION LTD GREATER RIVER NORTH BUSINESS ASSOCIATION