THE RESERVE A NONPROFIT CORP

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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

1999

Legal Domicile

Principal Officer

RON FULTON

Phone

5156989700

Tax Period

2020-01-01 to 2020-12-31

THE RESERVE A NONPROFIT CORP, founded in 1999, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2020. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 136% operating deficit.

Mission

WE PROVIDE RESIDENTIAL FACILITIES FOR THE AGED WHICH ARE DESIGNED TO MEET THE NEEDS OF AGED PERSONS - SUITABLE HOUSING, PHYSICAL AND MENTAL HEALTH CARE CIVIC, CULTURAL AND RECREATIONAL ACTIVITIES, AND AN OVERALL ENVIRONMENT CONDUCIVE TO DIGNITY AND INDEPENDENCE.

Program Service Accomplishments

Program 1

Expenses: $2,532,759 Revenue: $1,571,742

ON OCTOBER 2, 2020, THE RESERVE BUILDING AND ALL RELATED ASSETS WERE SOLD TO AN OUTSIDE THIRD PARTY. UNTIL THAT DATE, THE RESERVE PROVIDED 121 RESIDENTIAL UNITS TO THE ELDERLY. THE SERVICES INCLUDED PHYSICAL CARE, MENTAL HEALTH CARE, AND CIVIC, RECREATIONAL AND CULTURAL ACTIVITIES FOR THE ELDERLY.

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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 $362,337

Program Service Revenue $1,571,742

Investment Income $-666,589

Other Revenue $990

TOTAL REVENUE $1,268,480

Expense Breakdown

Grants Paid $8,712

Salaries & Benefits $166,405

Fundraising Expenses $0

Program Expenses $2,532,759

Other Expenses $2,818,152

TOTAL EXPENSES $2,993,269

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,268,480	$2,882,961	-0.6%
Expenses	$2,993,269	$2,916,887	+0.0%
Net Income	$-1,724,789	$-33,926	+49.8%

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

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
ARDITH JENISON	DIRECTOR	5.00	Director	$0	$0	$0
MARY BOKSA	DIRECTOR	1.00	Director	$0	$0	$0
FRANK LEVY	DIRECTOR- EX	1.00	Director	$0	$0	$0
RON FULTON	PRESIDENT	5.00	Officer Director	$0	$0	$0
NANCY STEFANI	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
MARTHA KOMMA	SECRETARY/TR	5.00	Officer Director	$0	$0	$0
JUDY CARDENAS	PAST SEC./TR	5.00	Officer Director	$0	$0	$0
PHYLLIS STADTLANDER	PAST PRESIDE	5.00	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	$1,268,480	$2,993,269	No data	$-1,724,789
2019	$2,882,961	$2,916,887	$21,136,727	$-33,926
2018	$3,169,730	$3,040,014	$22,197,414	$129,716