LA RIVIERA INC

🔒

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

1996

Legal Domicile

Principal Officer

PETER LUNDBERG

Phone

7077596043

Tax Period

2023-07-01 to 2024-06-30

LA RIVIERA INC, founded in 1996, is a micro nonprofit in the Housing & Shelter sector that reported $2.0M in total revenue in fiscal year 2023.

Mission

LA RIVIERA'S PROGRAMS FOCUS ON INCREASING THE AVAILABLE SUPPLY OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES THROUGH AFFORDABLE HOUSING DEVELOPMENT, PROPERTY MANAGEMENT, RESIDENT SERVICES AND ADVOCACY.

Program Service Accomplishments

Program 1

Expenses: $16,061 Revenue: $-1,985,099

PROVIDING AFFORDABLE HOUSING TO LOW-INCOME FAMILIES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $-1,985,099

Investment Income $620

Other Revenue $0

TOTAL REVENUE $-1,984,479

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $16,061

Other Expenses $16,061

TOTAL EXPENSES $16,061

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-1,984,479	$-907,521	+1.2%
Expenses	$16,061	$10,143	+0.6%
Net Income	$-2,000,540	$-917,664	+1.2%

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

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	Role	Reportable Comp	Other Comp	Total
ORTENSIA LOPEZ	CHAIR	Officer Director	$0	$0	$0
HECTOR A FERNANDEZ	Director	Director	$0	$0	$0
CHARLES RABAMAD	VICE CHAIR	Officer Director	$0	$0	$0
ANYSE SMITH	Director	Director	$0	$0	$0
ROBERT APODACA	Director	Director	$0	$0	$0
RAHN CARMICHAEL	SEC/TREASURER	Officer Director	$0	$0	$0
IMANI WOODY	Director	Director	$0	$0	$0
KEVIN GERBER	Director	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
2025	No data	No data	No data	No data
2024	$-1,984,479	$16,061	$-3,346,638	$-2,000,540
2023	$-907,521	$10,143	$1,968,155	$-917,664
2022	$-179,795	$9,257	$2,885,819	$-189,052
2021	$80,830	$1,000	$3,049,871	$79,830