South Bay Improvement Association (EIN 770210296) - Form 990 Financial Analysis & Trantor Score

🔒

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

1988

Legal Domicile

Principal Officer

Kenneth Trigueiro

Phone

8057813088

Tax Period

2024-07-01 to 2025-06-30

South Bay Improvement Association, founded in 1988, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.5M exceeded revenue, resulting in a 13% operating deficit.

Mission

Provide affordable rental housing for 104 total rental units, serving low-income seniors and disabled persons.

🔒

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 $1,280,388

Investment Income $16,949

Other Revenue $0

TOTAL REVENUE $1,297,337

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,329,788

Other Expenses $1,471,076

TOTAL EXPENSES $1,471,076

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,297,337	$1,108,260	+0.2%
Expenses	$1,471,076	$1,389,673	+0.1%
Net Income	$-173,739	$-281,413	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christi Ware	Director	2.00	Officer Director	$0	$0	$0
Anna Miller	Director	2.00	Director	$0	$0	$0
Griffin Moore	Vice President	2.00	Officer Director	$0	$0	$0
Kenneth Trigueiro	Chairman	2.00	Officer Director	$0	$0	$0
Veronica Garcia	Director	2.00	Director	$0	$0	$0
Nicole Ramos	Director	2.00	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	$1,297,337	$1,471,076	$4,892,469	$-173,739
2024	$1,108,260	$1,389,673	$5,055,581	$-281,413
2023	$1,206,955	$1,394,700	$5,424,297	$-187,745
2022	$1,089,972	$1,323,185	$5,647,394	$-233,213
2021	$1,050,076	$1,161,993	$5,853,203	$-111,917
2020	$1,116,858	$1,199,013	$5,991,809	$-82,155
2019	$1,030,698	$1,236,067	$6,073,077	$-205,369

South Bay Improvement Association