RINCON DE LOS ESTEROS INC

EIN: 770329569 501(c)(3)

SAN JOSE, CA

Total Revenue
$-50,372
Total Expenses
$1,891,312
Total Assets
$39,806
Net Assets
$-6,931,734
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
CA
Principal Officer
RICHARD CONNIFF
Phone
4082918650
Tax Period
2024-01-01 to 2024-12-31

RINCON DE LOS ESTEROS INC, founded in 1992, is a micro nonprofit that reported $50K in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring.

Mission

PROVIDES HOUSING FOR LOW INCOME PERSONS AND FAMILIES AND OWNS AND OPERATES APARTMENT COMPLEXES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,627
Program Service Revenue $2,000
Investment Income $-53,999
Other Revenue $0
TOTAL REVENUE $-50,372

Expense Breakdown

Grants Paid $1,612,312
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,803,459
Other Expenses $279,000
TOTAL EXPENSES $1,891,312

Year-over-Year Comparison

2024 2023 Change
Revenue $-50,372 $36,882,846 -1.0%
Expenses $1,891,312 $25,945,822 -0.9%
Net Income $-1,941,684 $10,937,024 -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

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
6
$49,295
Total Directors
13
$0
Key Employees
1
$367,739
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL P SANTERO COO 0.50
Key Emp
$0 $53,033 $367,739
KATHIE LEE INTERIM DIRECTOR OF FINANCE (START 02/24) 0.50
Officer
$0 $0 $0
DAVID MUNSON DIRECTOR OF FINANCE (THRU 02/24) 0.50
Officer
$0 $7,173 $49,295
RICHARD L CONNIFF CHAIRMAN & CEO 0.50
Officer Director
$0 $0 $0
RU WEERAKOON VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
DUNIA NOEL SECRETARY 0.50
Officer Director
$0 $0 $0
ROBERT SHERRARD TREASURER 0.50
Officer Director
$0 $0 $0
BILL ANDERSON DIRECTOR 0.50
Director
$0 $0 $0
KERMIT CONLEY DIRECTOR 0.50
Director
$0 $0 $0
JOSH CROSS DIRECTOR 0.50
Director
$0 $0 $0
GERRY DEYOUNG DIRECTOR 0.50
Director
$0 $0 $0
JEFF GEE DIRECTOR 0.50
Director
$0 $0 $0
MATTHEW JAMES DIRECTOR 0.50
Director
$0 $0 $0
SUSAN MUYSENBERG DIRECTOR 0.50
Director
$0 $0 $0
PRESTON PRINCE DIRECTOR 0.50
Director
$0 $0 $0
JOYCE RODGER DIRECTOR 0.50
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
2024 $-50,372 $1,891,312 $39,806 $-1,941,684
2023 $36,882,846 $25,945,822 $2,243,652 $10,937,024
2022 $4,686,516 $5,065,571 $16,687,590 $-379,055
2021 $4,662,633 $4,834,942 $17,513,891 $-172,309
2020 $4,838,028 $5,079,412 $18,299,086 $-241,384
2019 $4,597,151 $10,349,601 $18,647,740 $-5,752,450
2018 $4,375,183 $4,899,549 $24,733,138 $-524,366
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare RINCON DE LOS ESTEROS INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.