NORCAL HAVEN INC (EIN 942902680) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

Judy Jingirian

Phone

6502073521

Tax Period

2021-01-01 to 2021-12-31

NORCAL HAVEN INC, founded in 1982, is a small nonprofit that reported $122K in total revenue in fiscal year 2021. Revenue decreased 7% compared to the prior year. Net assets of $1.3M represent 125 months of operating reserves.

Mission

To assist the Armenian seniors and their families in the San Francisco Bay Area in coping with today's challenges of aging.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $48,410

Program Service Revenue $0

Investment Income $73,292

Other Revenue $0

TOTAL REVENUE $121,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,510

Fundraising Expenses $0

Program Expenses $0

Other Expenses $27,210

TOTAL EXPENSES $118,720

Year-over-Year Comparison

	2021	2020	Change
Revenue	$121,702	$130,372	-0.1%
Expenses	$118,720	$147,107	-0.2%
Net Income	$2,982	$-16,735	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Vigen Khachooni	President	3.00	Officer Director	$0	$0	$0
Judy Jingirian	Treasurer	3.00	Officer Director	$0	$0	$0
Sonia Koujakian	Secretary	3.00	Officer Director	$0	$0	$0
Hermine Armstrong	Asst Director	20.00	Key Emp	$0	$0	$0
Hayganoush Berberian	Director	20.00	Key Emp	$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
2021	$121,702	$118,720	$1,264,838	$2,982
2018	$160,120	$169,313	$1,550,580	$-9,193
2017	$165,245	$172,754	$1,493,168	$-7,509
2016	$172,244	$171,972	$1,438,695	$272

NORCAL HAVEN INC