1020 IOWA AVENUE INC (EIN 943341908) - 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

1999

Legal Domicile

Principal Officer

Victor Kwok

Phone

6503436333

Tax Period

2022-01-01 to 2022-12-31

1020 IOWA AVENUE INC, founded in 1999, is a micro nonprofit that reported $366K in total revenue in fiscal year 2022. Revenue fell 153% from the prior year — a significant decline worth monitoring.

Mission

FORMED TO ACQUIRE AND HOLD TITLE TO PROPERTY IN RIVERSIDE, CA AND TO COLLECT AND REMIT INCOME TO THE SHAREHOLDER, A PENSION PLAN.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-463,731

Other Revenue $97,376

TOTAL REVENUE $-366,355

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	$-366,355	$691,379	-1.5%
Expenses	N/A	N/A	N/A
Net Income	N/A	$691,379	N/A

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

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
GARRY J SPANNER	PRESIDENT & CHAIRMAN	1.0	Officer Director	$0	$0	$0
ROBERT T PERKINS	EXECUTIVE VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
BYRON M FOX	DIRECTOR	1.0	Director	$0	$0	$0
ERIK ST CHARLES	SECRETARY	1.0	Officer	$0	$0	$0
VICTOR T KWOK	CHIEF FINANCIAL OFFICER	1.0	Officer	$0	$0	$0
PAULA PURCELL	EXECUTIVE VICE PRESIDENT	1.0	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
2022	$-366,355	No data	No data	No data
2021	$691,379	No data	$16,378,869	No data
2020	$655,996	No data	$14,043,418	No data
2019	$435,026	No data	$13,430,625	No data
2018	$514,300	No data	$13,269,697	No data

1020 IOWA AVENUE INC