REINVENT STOCKTON FOUNDATION (EIN 821005719) - 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

2017

Legal Domicile

Principal Officer

NIK HOWARD

Phone

2092594997

Tax Period

2023-01-01 to 2023-12-31

REINVENT STOCKTON FOUNDATION, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. Expenses of $9.8M exceeded revenue, resulting in a 45% operating deficit.

Mission

TO IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS OF THE CITY OF STOCKTON, CALIFORNIA, AND TO RE-CREATE STOCKTON INTO A COMMUNITY OF OPPORTUNITY AND HOPE FOR ITS CITIZENS, ESPECIALLY ITS YOUTH, THROUGH THE SPONSORSHIP AND FUNDING OF PROGRAMS SPECIFICALLY DESIGNED TO PROMOTE THE REDEVELOPMENT OF THE BLIGHTED AREAS OF, AND TO ATTRACT OUTSIDE INVESTMENT INTO THE STOCKTON COMMUNITY.

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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 $5,899,195

Program Service Revenue $0

Investment Income $864,582

Other Revenue $0

TOTAL REVENUE $6,763,777

Expense Breakdown

Grants Paid $3,637,624

Salaries & Benefits $2,603,740

Fundraising Expenses $525,184

Program Expenses $8,302,330

Other Expenses $3,572,136

TOTAL EXPENSES $9,813,500

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,763,777	$2,940,636	+1.3%
Expenses	$9,813,500	$11,146,892	-0.1%
Net Income	$-3,049,723	$-8,206,256	-0.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

104

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

$415,933

Total Directors

$217,082

Key Employees

$180,904

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL D TUBBS	CHAIR	40.00	Officer Director	$210,713	$6,369	$217,082
CHRISTY WISE	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
CINDY FOSTER	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL P DUFFY	DIRECTOR	2.00	Director	$0	$0	$0
CHISTIE MARCHESE	DIRECTOR	2.00	Director	$0	$0	$0
NATALIA ORFANOS	DIRECTOR	2.00	Director	$0	$0	$0
JASMINE DELLAFOSSE	DIRECTOR	2.00	Director	$0	$0	$0
BRENNA BUTLER GARCIA	DIRECTOR	2.00	Director	$0	$0	$0
NIKOLAS HOWARD	EXEC DIRECTOR	40.00	Officer	$195,214	$3,637	$198,851
SAMRA K SUKHJIT	MGI DIRECTOR	40.00	Key Emp	$174,621	$6,283	$180,904
CAMERON BURNS	MGI DEPUTY DIRECTOR	40.00	Highest	$139,416	$6,258	$145,674
ERIKA ALMAZAN	CHIEF PEOPLE OFFICER	40.00	Highest	$151,304	$2,492	$153,796
CLAUDIA HARO	DIRECTOR OF OPERATIONS	40.00	Highest	$119,788	$5,101	$124,889
KATHRINE ANN COGAT	MGI RESEARCH & PROGRAM OFFICER	40.00	Highest	$107,289	$7,043	$114,332
TIFFANEY BRADLEY	SS POSTSECONDARY ACCESS & COMPLETION COODINATOR	40.00	Highest	$105,153	$6,193	$111,346

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	No data	No data	No data	No data
2023	$6,763,777	$9,813,500	$34,150,316	$-3,049,723
2022	$2,940,636	$11,146,892	$35,007,499	$-8,206,256
2021	$19,773,564	$12,726,290	$46,832,546	$7,047,274
2020	$27,962,300	$5,247,513	$38,139,632	$22,714,787
2019	$7,746,167	$3,280,803	$14,675,721	$4,465,364
2018	$6,219,728	$574,964	$9,786,617	$5,644,764
2018	$6,305,300	$659,542	$9,786,617	$5,645,758

REINVENT STOCKTON FOUNDATION