RAY DOLBY LEGACY FUND

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

RHEA SUH

Phone

4154642500

Tax Period

2024-07-01 to 2025-06-30

RAY DOLBY LEGACY FUND, founded in 2008, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $132K in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 2747% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS CONSISTENT WITH THE MISSION OF THE SUPPORTED ORGANIZATION, MARIN COMMUNITY FOUNDATION'S MISSION WHICH IS THE FOLLOWING: MOBILIZING THE POWER OF COMMUNITY AND THE RESOURCES OF PHILANTHROPY TO ADVANCE EQUITY FOR PEOPLE, PLACES AND THE PLANET.

Program Service Accomplishments

Program 1

Expenses: $3,682,866

THE RAY DOLBY LEGACY FUND ENGAGES IN CHARITABLE ACTIVITIES THAT ARE CONSISTENT WITH THE CHARITABLE PURPOSES OF MCF.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $131,994

Other Revenue $0

TOTAL REVENUE $131,994

Expense Breakdown

Grants Paid $3,600,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,682,866

Other Expenses $157,216

TOTAL EXPENSES $3,757,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,994	$4,129,229	-1.0%
Expenses	$3,757,216	$4,119,726	-0.1%
Net Income	$-3,625,222	$9,503	-382.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$1,360,776

Total Directors

$786,285

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIKKI GARROD	DIRECTOR	0.50	Director	$0	$73,264	$419,074
JANELLE CAVANAGH	DIRECTOR	0.50	Director	$0	$60,079	$367,211
DAGMAR DOLBY	BOARD CHAIR	0.50	Director	$0	$0	$0
RHEA SUH	PRESIDENT & CEO	0.50	Officer	$0	$60,261	$732,783
LAUREN MCCLELLAND	CFO	0.50	Officer	$0	$51,032	$412,083
ASHLEY SMITH	SECRETARY (THRU 03/25)	0.50	Officer	$0	$57,890	$215,910
ROXANNE RICHARDS	SECRETARY	0.25	Officer	$0	$0	$0
LANI ALO	FORMER DIRECTOR (THRU 12/23)	0.00		$0	$0	$36,400
SA HARTMAN	FORMER CFO (THRU 12/23)	0.00		$0	$0	$495,835

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
2025	$131,994	$3,757,216	$93,868,687	$-3,625,222
2024	No data	No data	No data	No data
2023	$87,657,765	$87,569,754	$100,243,356	$88,011
2022	$13,415,992	$20,934	$10,836,808	$13,395,058