SACRAMENTO JOINT READING ROOM RELIGIOUS TRUST

EIN: 686061722 501(c)(3)

Sacramento, CA

Total Revenue
$60,744
Total Expenses
$738,731
Total Assets
$59,003
Net Assets
$59,003
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
CA
Principal Officer
David W Goold
Phone
5306656515
Tax Period
2024-01-01 to 2024-12-31

SACRAMENTO JOINT READING ROOM RELIGIOUS TRUST, founded in 1993, is a micro nonprofit that reported $61K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $739K exceeded revenue, resulting in a 1116% operating deficit.

Mission

MANAGEMENT OF ASSETS TO SUPPORT THE CAUSE OF CHRISTIAN SCIENCE IN THE SACRAMENTO AREA

Program Service Accomplishments

Program 1
Expenses: $700,000 Revenue: $60,744

MANAGEMENT OF ASSETS TO PROMOTE THE CAUSE OF CHRISTIAN SCIENCE IN THE SACRAMENTO AREA. THIS INCLUDES DISTRIBUTION OF THOSE ASSETS TO LOCAL CHRISTIAN SCIENCE CHURCHES AND A SPONSORED CHRISTIAN SCIENCE...

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MANAGEMENT OF ASSETS TO PROMOTE THE CAUSE OF CHRISTIAN SCIENCE IN THE SACRAMENTO AREA. THIS INCLUDES DISTRIBUTION OF THOSE ASSETS TO LOCAL CHRISTIAN SCIENCE CHURCHES AND A SPONSORED CHRISTIAN SCIENCE CARE FACILITY

Program 2
Expenses: $34,533 Revenue: $0

GRANT TO JOINTLY MAINTAINED CHRISTIAN SCIENCE READING ROOM TO DISCONTINUE ITS OPERATIONS AND DISTRIBUTE ITS INVENTORY TO CHRISTIAN SCIENCE READING ROOMS IN GREATER NORTHERN CALIFORNIA

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $60,744
Other Revenue $0
TOTAL REVENUE $60,744

Expense Breakdown

Grants Paid $734,533
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $734,533
Other Expenses $4,198
TOTAL EXPENSES $738,731

Year-over-Year Comparison

2024 2023 Change
Revenue $60,744 $36,092 +0.7%
Expenses $738,731 $28,266 +25.1%
Net Income $-677,987 $7,826 -87.6%
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

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Governance

Voting Members
6
Independent Members
6
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jessica Martinez Trustee 1
Director
$0 $0 $0
Joan Boutselis Trustee 1
Director
$0 $0 $0
Sandra Graham Trustee 1
Director
$0 $0 $0
Kristen Kasje Secretary 2
Officer
$0 $0 $0
Edward O'Brien Vice Chairman 1
Officer
$0 $0 $0
David Goold Chairman 2
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
2024 $60,744 $738,731 $59,003 $-677,987
2023 $36,092 $28,266 $736,990 $7,826
2022 $38,232 $7,084 $658,341 $31,148
2021 $81,212 $73,046 $793,020 $8,166
2020 $40,487 $99,178 $784,854 $-58,691
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