Telacu Housing-riverside II Inc
Only null% goes to programs Thin reserves Growing revenue
Telacu Housing-riverside II Inc is a 501(c)(3) organization based in Commerce, California, registered in 2007, with $814,677 in FY2024 revenue. CharityIndex grades it F.
5400 E Olympic Blvd Ste 300, Commerce, CA, 90022 EIN 06-1803140 Since 2007
Revenue (FY2024)
$815K
▲ 20.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.0M
Net assets
-$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Telacu Housing-riverside II Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -25% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Telacu Housing-riverside II Inc: 0 mo reserves · -25% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Telacu Housing-riverside II Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Telacu Housing-riverside II Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5400 E Olympic Blvd Ste 300, Commerce, CA, 90022
- City
- Commerce
- State
- California
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $490K (FY2013) to $815K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.5MNet assets -$3.6M
Operating margin
-25.0%
Spent more than it raised in the latest fiscal year.
Total assets
$9.9M
Total liabilities
$13.5M
Net assets
-$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $814,677▲20.9% | $1,018,334▲8.5% | -$3,557,364▼6.1% | $9,913,559▼2.1% | 990 |
| 2023 | $673,922▼2.5% | $938,585▲3.2% | -$3,353,707▼8.6% | $10,128,655▼2.2% | 990 |
| 2022 | $691,203▲6.6% | $909,053▲2.3% | -$3,089,044▼7.6% | $10,357,219▼2.1% | 990 |
| 2021 | $648,492 | $888,980▲3.8% | -$2,871,194▼9.1% | $10,582,101▼2.1% | 990 |
| 2020 | $648,504▼1.1% | $856,327▼1.3% | -$2,630,706▼8.6% | $10,809,925▼2.2% | 990 |
| 2019 | $655,852▲15.0% | $867,717▲1.3% | -$2,422,883▼9.6% | $11,048,309▼2.2% | 990 |
| 2018 | $570,475 | $856,348▲1.9% | -$2,211,018▼14.8% | $11,300,043▼2.4% | 990 |
| 2017 | $570,686▼0.4% | $840,384▲3.2% | -$1,925,145▼16.3% | $11,581,573▼2.3% | 990 |
| 2016 | $572,943▲0.5% | $814,243▼2.3% | -$1,655,447▼17.1% | $11,850,338▼1.9% | 990 |
| 2015 | $570,086▲4.1% | $833,224▲11.5% | -$1,414,147▼22.9% | $12,077,198▼1.7% | 990 |
| 2014 | $547,548▲11.7% | $747,325▲1.7% | -$1,151,009▼21.0% | $12,280,931▼2.3% | 990 |
| 2013 | $490,168 | $735,075▲0.3% | -$951,232▼34.7% | $12,574,076▼2.3% | 990 |
| 2012 | — | $732,750▲10.9% | -$706,325▼40.2% | $12,872,143▼0.7% | 990 |
| 2011 | — | $660,801▲4.2% | -$503,761▼84.9% | $12,958,106▼2.1% | 990 |
| 2010 | — | $634,150 | -$272,449 | $13,229,861 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Telacu Housing-riverside II Inc a legitimate nonprofit?
- Yes. Telacu Housing-riverside II Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1803140, based in Commerce, California. Donations are tax-deductible.
- What is Telacu Housing-riverside II Inc's EIN?
- Telacu Housing-riverside II Inc's Employer Identification Number (EIN) is 06-1803140.
- How much revenue does Telacu Housing-riverside II Inc report?
- Telacu Housing-riverside II Inc reported $814,677 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Telacu Housing-riverside II Inc have?
- CharityIndex grades Telacu Housing-riverside II Inc F, based on financial health (reserves and operating margin).
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Data for Telacu Housing-riverside II Inc (EIN 06-1803140) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.