Redwood Community Association

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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

2012

Legal Domicile

Principal Officer

Stephen Bousman

Phone

5402430045

Tax Period

2023-01-01 to 2023-12-31

Redwood Community Association, founded in 2012, is a micro nonprofit in the Community Improvement sector that reported $64K in total revenue in fiscal year 2023. Revenue surged 1324% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 45% operating margin.

Mission

Organized to assist persons, organizations and entities determined by the Association to be in need of assistance with the goal to provide for a better community through fellowship.

Program Service Accomplishments

Program 1

Expenses: $34,969

Funds are provided to individuals and organizations in the community for food, clothing, shelter, eduication and medical treatments as deemed necessary by the directors and membership upon...

Funds are provided to individuals and organizations in the community for food, clothing, shelter, eduication and medical treatments as deemed necessary by the directors and membership upon application by the individuals. Community events and member events are organized to promote fellowship and goodwil within the community.

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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 $14,000

Program Service Revenue $0

Investment Income $21

Other Revenue $49,544

TOTAL REVENUE $63,565

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,969

Other Expenses $30,969

TOTAL EXPENSES $34,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$63,565	$4,465	+13.2%
Expenses	$34,969	$14,187	+1.5%
Net Income	$28,596	$-9,722	-3.9%

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
Stephen Bousman	Presiden/Directort	020.00	Officer Director	$0	$0	$0
Stephen Bousman Jr	VP/Director	010.00	Officer Director	$0	$0	$0
Janice Bousman	Secretary/Director	005.00	Officer Director	$0	$0	$0
Barbara Price	Treasurer/Director	005.00	Officer Director	$0	$0	$0
Emmett Thompson	Director	001.00	Director	$0	$0	$0
J C Ayers	Director	001.00	Director	$0	$0	$0
Junior Bailey	Director	001.00	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
2023	$63,565	$34,969	$192,721	$28,596
2022	$4,465	$14,187	$165,550	$-9,722
2021	$120,626	$119,541	$181,546	$1,085
2020	$34,374	$3,923	$181,294	$30,451
2019	$55,454	$30,814	$61,606	$24,640
2018	$70,805	$55,999	$36,966	$14,806