KCERA PROPERTY INC (EIN 800309253) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

RICK KRATT

Phone

6618683790

Tax Period

2023-01-01 to 2023-10-31

KCERA PROPERTY INC, founded in 2008, is a small nonprofit that reported $186K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $5.3M exceeded revenue, resulting in a 2754% operating deficit.

Mission

OWNS AND RENTS AN OFFICE BLDG TO KERN COUNTY EMPLOYEES'RETIREMENT ASSOCIATION, ITS 100% OWNER.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $183,622

Investment Income $2,373

Other Revenue $0

TOTAL REVENUE $185,995

Expense Breakdown

Grants Paid $5,295,019

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $12,672

TOTAL EXPENSES $5,307,691

Year-over-Year Comparison

	2023	2022	Change
Revenue	$185,995	$368,401	-0.5%
Expenses	$5,307,691	$28,019	+188.4%
Net Income	$-5,121,696	$340,382	-16.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBB SEIBLY	CFO AND DIRECTOR	0.50	Officer Director	$0	$0	$0
RICK KRATT	PRESIDENT AND DIRECTOR	0.50	Officer Director	$0	$0	$0
DUSTIN CONTRERAS	SECRETARY AND DIRECTOR	0.50	Officer 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
2023	$185,995	$5,307,691	No data	$-5,121,696
2022	$368,401	$28,019	$5,602,731	$340,382
2021	$368,153	$20,081	$5,764,423	$348,072
2020	$338,901	$15,137	$5,413,552	$323,764
2019	$332,847	$19,113	$5,241,385	$313,734
2018	$332,880	$20,101	$4,997,535	$312,779

KCERA PROPERTY INC