DOWNEY ROSE FLOAT ASSOCIATION INC (EIN 942569900) - 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

1952

Legal Domicile

Principal Officer

Sue England

Phone

5629239927

Tax Period

2024-01-01 to 2024-12-31

DOWNEY ROSE FLOAT ASSOCIATION INC, founded in 1952, is a small nonprofit in the Arts, Culture & Humanities sector that reported $139K in total revenue in fiscal year 2024. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $39K, a strong 28% operating margin.

Mission

DESIGN AND CONSTRUCTION OF ROSE FLOAT TO REPRESENT THE CITY OF DOWNEY, CA IN THE TOURNAMENT OF ROSES PARADE.

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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 $80,133

Program Service Revenue $0

Investment Income $18,881

Other Revenue $40,193

TOTAL REVENUE $139,207

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $69,842

Other Expenses $100,256

TOTAL EXPENSES $100,256

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,207	$51,313	+1.7%
Expenses	$100,256	$195,890	-0.5%
Net Income	$38,951	$-144,577	-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

N/A

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
Andrew Malarkey	1st VP	0.00	Director	$0	$0	$0
Reggie Donahue	2nd VP	0.00	Director	$0	$0	$0
Rafael Sanchez III	Secretary	0.00	Director	$0	$0	$0
Richard Chambers	Director	0.00	Director	$0	$0	$0
Jeremy Clifton	President	0.00	Director	$0	$0	$0
Julie Ledesma	Director	0.00	Director	$0	$0	$0
Chris Aziz	Director	0.00	Director	$0	$0	$0
Nancy Lopez	Director	0.00	Director	$0	$0	$0
George Redfox	Director	0.00	Director	$0	$0	$0
Kelly Roberts Jr	Director	0.00	Director	$0	$0	$0
Danielle Storey	Director	0.00	Director	$0	$0	$0
Alfredo Velez	Director	0.00	Director	$0	$0	$0
Pam Chambers	3rd VP	5.00	Officer	$0	$0	$0
Jennifer DeKay	Treasurer	5.00	Officer	$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	$139,207	$100,256	$251,739	$38,951
2022	$233,952	$106,152	$365,798	$127,800

DOWNEY ROSE FLOAT ASSOCIATION INC