NORTHERN CALIFORNIA CHAPTER OF THE APPRAISAL INSTITUTE

EIN: 941642910

CHICAGO, IL

Total Revenue
$414,702
Total Expenses
$434,200
Total Assets
$506,365
Net Assets
$432,557
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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
1991
Legal Domicile
CA
Principal Officer
Zane Stone
Phone
3123354100
Tax Period
2024-01-01 to 2024-12-31

NORTHERN CALIFORNIA CHAPTER OF THE APPRAISAL INSTITUTE, founded in 1991, is a small nonprofit that reported $415K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To empower valuation professionals through community credentialing education body of knowledge and ethical standards.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,139
Program Service Revenue $393,463
Investment Income $16,100
Other Revenue $0
TOTAL REVENUE $414,702

Expense Breakdown

Grants Paid $0
Salaries & Benefits $172,009
Fundraising Expenses $0
Program Expenses $0
Other Expenses $262,191
TOTAL EXPENSES $434,200

Year-over-Year Comparison

2024 2023 Change
Revenue $414,702 $381,797 +0.1%
Expenses $434,200 $407,341 +0.1%
Net Income $-19,498 $-25,544 -0.2%
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

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Governance

Voting Members
22
Independent Members
22
Employees
2
Volunteers
60

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
5
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Zane Stone MAI President 5.00
Officer Director
$0 $0 $0
Paul Chandler MAI Vice President 5.00
Officer Director
$0 $0 $0
Chris Daniel SRA Treasurer Education Chair 5.00
Officer Director
$0 $0 $0
Erik Woodhouse MAI AI-GRS Secretary 5.00
Officer Director
$0 $0 $0
Jarrod Hodgson MAI AI-GRS Immediate Past President 2.00
Officer Director
$0 $0 $0
Robert James Jr MAI SRA AI-GRS Director 1.00
Director
$0 $0 $0
Judson Cline MAI AI-GRS Director 1.00
Director
$0 $0 $0
Ryan Frings MAI AI-GRS Director 1.00
Director
$0 $0 $0
Angela Hernandez MAI AI-GRS Director 1.00
Director
$0 $0 $0
Eric Roman MAI AI-GRS Director 2.00
Director
$0 $0 $0
Quirina Mitchell MAI Director 1.00
Director
$0 $0 $0
Joseph Cormier-Knopp MAI AI-GRS Director 1.00
Director
$0 $0 $0
Rebecca Frederick SRA Director 1.00
Director
$0 $0 $0
Trentin Krauss MAI Director 1.00
Director
$0 $0 $0
Tiffany Mach MAI Central Cal BC Chair 1.00
Director
$0 $0 $0
Brian Rapela MAI East Bay BC Chair 1.00
Director
$0 $0 $0
Clint Freeman MAI Golden Gate BC Chair 1.00
Director
$0 $0 $0
Nancy Phillips SRA Monterey Bay BC Chair 1.00
Director
$0 $0 $0
Michelle van de Pol MAI North Bay BC Chair 2.00
Director
$0 $0 $0
Jeanine Kraus MAI SRA AI-GRS Sierra BC Chair 2.00
Director
$0 $0 $0
Neil Lefmann MAI SRA Silicon Valley BC Chair 2.00
Director
$0 $0 $0
David Houghton MAI Sacramento BC Chair 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 $414,702 $434,200 $506,365 $-19,498
2023 $381,797 $407,341 $534,527 $-25,544
2022 $361,153 $336,442 $552,302 $24,711
2021 $327,755 $263,032 $511,215 $64,723
2021 $327,755 $263,032 $511,215 $64,723
2020 $328,797 $301,749 $435,840 $27,048
2019 $428,290 $492,233 $354,301 $-63,943
2018 $525,433 $488,229 $417,377 $37,204
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