REDWOOD TV IMPROVEMENT CORPORATION (EIN 411458212) - 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

1956

Legal Domicile

Principal Officer

DALE HANSEN

Phone

5076976489

Tax Period

2023-01-01 to 2023-12-31

REDWOOD TV IMPROVEMENT CORPORATION, founded in 1956, is a micro nonprofit that reported $34K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $53K exceeded revenue, resulting in a 58% operating deficit.

Mission

TO IMPROVE TV RECEPTION FOR RURAL AREA

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,850

Investment Income $0

Other Revenue $27,935

TOTAL REVENUE $33,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,129

Fundraising Expenses $1,309

Program Expenses $46,699

Other Expenses $7,292

TOTAL EXPENSES $53,421

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,785	$21,126	+0.6%
Expenses	$53,421	$52,703	+0.0%
Net Income	$-19,636	$-31,577	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DALE HANSEN	PRESIDENT	N/A	Director	$0	$0	$0
JOSEF KRIEGL	DIRECTOR	N/A	Director	$0	$0	$0
ROGER MANTHEI	DIRECTOR	N/A	Director	$0	$0	$0
LOREN MASEREK	DIRECTOR	N/A	Director	$0	$0	$0
RICH SULLIVAN	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
ED WALTER	DIRECTOR	N/A	Officer Director	$0	$0	$0
KRAIG WINZENBURG	DIRECTOR	N/A	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	$33,785	$53,421	$646,249	$-19,636
2022	$21,126	$52,703	$665,885	$-31,577
2021	$12,503	$48,830	$699,481	$-36,327
2020	$61,587	$47,327	$689,766	$14,260

REDWOOD TV IMPROVEMENT CORPORATION