CHANNEL VIEW INC (EIN 920169940) - 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

1999

Principal Officer

DAVE RINGLE

Phone

9077892557

Tax Period

2023-01-01 to 2023-12-31

CHANNEL VIEW INC, founded in 1999, is a micro nonprofit that reported $2K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 80426% operating deficit.

Mission

TO CONSTRUCT, OWN AND OPERATE QUALITY, SAFE LOW INCOME HOUSING FOR LOW INCOME ELIGIBLE HOUSEHOLDS.

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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 $0

Investment Income $17

Other Revenue $2,187

TOTAL REVENUE $2,204

Expense Breakdown

Grants Paid $1,754,255

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,754,255

Other Expenses $20,539

TOTAL EXPENSES $1,774,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,204	$35,938	-0.9%
Expenses	$1,774,794	$42,480	+40.8%
Net Income	$-1,772,590	$-6,542	+270.0%

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
STEPHEN SORENSEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVE BRANDING	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
DAVE RINGLE	TREASURER	1.00	Officer Director	$0	$0	$0
MARIYA LOVISHCHUK	SECRETARY	1.00	Officer Director	$0	$0	$0
SCOT ALLEN	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$2,204	$1,774,794	$127,284	$-1,772,590
2022	$35,938	$42,480	$1,899,764	$-6,542
2021	$-4,330	$41,231	$1,932,481	$-45,561
2020	$3,115	$47,285	$2,035,882	$-44,170
2019	$-4,216	$23,720	$2,089,689	$-27,936

CHANNEL VIEW INC