REGALETTES SOCIAL AND CHARITY CLUB

EIN: 954546694 501(c)(3) Public & Societal Benefit

LOS ANGELES, CA

Total Revenue
$22,805
Total Expenses
$26,317
Total Assets
$29,797
Net Assets
$29,797
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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
1959
Legal Domicile
CA
Principal Officer
LOIS J BUCKMAN
Phone
3238227822
Tax Period
2022-01-01 to 2022-12-31

REGALETTES SOCIAL AND CHARITY CLUB, founded in 1959, is a micro nonprofit in the Public & Societal Benefit sector that reported $23K in total revenue in fiscal year 2022. Revenue fell 43% from the prior year — a significant decline worth monitoring. Expenses of $26K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE SCHOLARSHIPS TO NEEDY STUDENTS IN THE COMMUNITY

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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 (2022)

Revenue Breakdown

Contributions & Grants $22,805
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $22,805

Expense Breakdown

Grants Paid $4,800
Salaries & Benefits $0
Fundraising Expenses $1,073
Other Expenses $21,517
TOTAL EXPENSES $26,317

Year-over-Year Comparison

2022 2021 Change
Revenue $22,805 $40,250 -0.4%
Expenses $26,317 $31,802 -0.2%
Net Income $-3,512 $8,448 -1.4%
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
3
Independent Members
3
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
3
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOIS J BUCKMAN PRESIDENT 20.00
Officer Director Key Emp
$0 $0 $0
SHONTE PENLAND ABRAHAM VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
REVE GIPSONPARKS TREASURER 5.00
Officer Director
$0 $0 $0
GINGER CAMPBELL SECRETARY 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
2022 $22,805 $26,317 $29,797 $-3,512
2018 $146,406 No data $490 No data
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