NOR CAL RENTAL PROPERTY ASSOCIATION INC (EIN 942464042) - 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

1951

Legal Domicile

Principal Officer

LYNETT CONTINO

Phone

2094760320

Tax Period

2024-01-01 to 2024-12-31

NOR CAL RENTAL PROPERTY ASSOCIATION INC, founded in 1951, is a small nonprofit that reported $524K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $498K left a modest 5% surplus.

Mission

TO SERVE THE NEEDS OF INDIVIDUALS AND COMPANIES WHO OWN, MANAGE, OR PROVIDE SERVICES AND PRODUCTS TO MORE THAN 30,000 RENTAL HOUSING UNITS IN THE CENTRAL VALLEY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $524,293

Investment Income $0

Other Revenue $-268

TOTAL REVENUE $524,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $315,774

Fundraising Expenses $0

Other Expenses $181,853

TOTAL EXPENSES $497,627

Year-over-Year Comparison

	2024	2023	Change
Revenue	$524,025	$429,026	+0.2%
Expenses	$497,627	$506,877	0.0%
Net Income	$26,398	$-77,851	-1.3%

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

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

$117,457

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE NEASON	PRESIDENT	20.00	Officer Director	$0	$0	$0
CHRIS MATTEUCCI	SECRETARY	2.00	Officer Director	$0	$0	$0
LYNETT CONTINO	TREASURER	2.00	Officer Director	$0	$0	$0
ANGELIQUE GHIO	DIRECTOR	1.00	Director	$0	$0	$0
DARLENE RAVERA	DIRECTOR	1.00	Director	$0	$0	$0
LARRY HAWORTH	DIRECTOR	1.00	Director	$0	$0	$0
DARRYLE OAKMAN	EXECUTIVE DIRECTOR	40.00	Officer	$112,207	$5,250	$117,457

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	$524,025	$497,627	$559,316	$26,398
2023	$429,026	$506,877	$577,420	$-77,851
2022	$522,243	$465,622	$562,164	$56,621
2021	$496,721	$420,176	$458,634	$76,545
2020	$378,413	$367,267	$274,168	$11,146
2019	$417,867	$373,384	$182,045	$44,483
2018	$334,403	$337,903	$78,367	$-3,500

NOR CAL RENTAL PROPERTY ASSOCIATION INC