REEF FAIR OAKS INC

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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

2014

Legal Domicile

Principal Officer

CORY CARLSON

Phone

2063820825

Tax Period

2018-01-01 to 2018-12-31

REEF FAIR OAKS INC, founded in 2014, is a community nonprofit that reported $6.8M in total revenue in fiscal year 2018. Revenue surged 2754% from the prior year, signaling strong growth momentum.

Mission

THE ENTITY IS ORGANIZED AS A TITLE-HOLDING COMPANY, ORGANIZED SOLELY FOR THE LIMITED PURPOSE OF ACQUIRING, OWNING, IMPROVING, LEASING, MANAGING, OPERATING AND HOLDING REAL ESTATE FOR INVESTMENT PURPOSES.

Program Service Accomplishments

Program 1

HOLD TITLE TO PROPERTY LOCATED IN SOUTH PASADENA, CA, COLLECT INCOME FROM REAL ESTATE LEASED ON A LONG-TERM BASIS, AND REMIT THE NET AMOUNTS TO THE QUALIFYING 501(A) PARENT.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $225,577

Investment Income $0

Other Revenue $6,532,138

TOTAL REVENUE $6,757,715

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2018	2017	Change
Revenue	$6,757,715	$236,785	+27.5%
Expenses	N/A	N/A	N/A
Net Income	N/A	$236,785	N/A

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
CORY A CARLSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT KOVECS	SECRETARY/CFO/TREASURER	1.00	Officer Director	$0	$0	$0
PATRICK S MALLEY	CHIEF EXECUTIVE OFFICER/PR	1.00	Officer Director	$0	$0	$0
JAMES HUMMER	VICE PRESIDENT	1.00	Officer	$0	$0	$0
PETER BURY	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JENNY GAGE	VICE PRESIDENT	1.00	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
2018	$6,757,715	No data	$21,889	No data