PASADENA, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)TMT OBSERVATORY CORPORATION, founded in 2004, is a small nonprofit in the Science & Technology sector that reported $132K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 54% operating margin.
ORGANIZATION'S MISSION AND PROGRAM SERVICE ACTIVITY TMT OBSERVATORY CORPORATION (TMT) IS A NONPROFIT PUBLIC BENEFIT CORPORATION FOUNDED BY THE REGENTS OF THE UNIVERSITY OF CALIFORNIA (UC) AND CALIFORNIA INSTITUTE OF TECHNOLOGY (CALTECH), HEREINAFTER COLLECTIVELY "FOUNDING MEMBERSWAS ORIGINALLY INCORPORATED AS THE "CELT DEVELOPMENT CORPORATION" ON OCTOBER 30, 2003. THE FOUNDING MEMBERS ESTABLISHED TMT FOR THE INITIAL PURPOSE OF DEVELOPING THE DESIGN OF A GIANT SEGMENTED MIRROR TELESCOPE, THE THIRTY METER TELESCOPE, WITH THE POTENTIAL OF CONSTRUCTING, COMMISSIONING AND OPERATING AN OBSERVATORY. IN ADDITION TO THE GOALS AND MISSIONS AS DESCRIBED ABOVE, TMT WILL FOSTER SCIENTIFIC INTERACTION BETWEEN EDUCATIONAL AND RESEARCH INSTITUTIONS TO FURTHER COLLEGE AND UNIVERSITY EDUCATIONAL RESEARCH IN ASTRONOMY.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $132,115 | $94,399 | +0.4% |
| Expenses | $61,221 | $66,791 | -0.1% |
| Net Income | $70,894 | $27,608 | +1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| R DAVID GOODMAN | COO/TREASURER | 40.0 |
Officer
|
$317,058 | $91,007 | $408,065 |
| EDWARD YOUHANA | CONTROLLER | 40.0 |
Highest
|
$185,571 | $69,725 | $255,296 |
| JOELLE ZAVZAVADJIAN | MANAGER OF AWARDS AND BUDGETS | 40.0 |
Highest
|
$172,388 | $36,697 | $209,085 |
| CARMEN ARSENEAULT | SENIOR ACCOUNTANT | 40.0 |
Highest
|
$117,173 | $33,464 | $150,637 |
| DIANA JERGOVIC | DIRECTOR | 4.0 |
Director
|
$0 | $0 | $0 |
| B THOMAS SOIFER | DIRECTOR & VICE CHAIR | 4.0 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTOPER MARTIN | DIRECTOR (AS OF 8/2023) | 4.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL BOLTE | DIRECTOR | 4.0 |
Director
|
$0 | $0 | $0 |
| DR HENRY YANG | CHAIR | 4.0 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE MACINTOSH | DIRECTOR | 4.0 |
Director
|
$0 | $0 | $0 |
| LARRY ADKISON | SECRETARY | 4.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $132,115 | $61,221 | $3,269,644 | $70,894 |
| 2023 | $94,399 | $66,791 | $3,173,227 | $27,608 |
| 2022 | $19,235 | $81,713 | $3,134,512 | $-62,478 |
| 2021 | $15,289 | $86,809 | $3,199,846 | $-71,520 |
| 2020 | $41,876 | $126,048 | $3,267,360 | $-84,172 |
| 2019 | $250,652 | $342,836 | $3,342,176 | $-92,184 |
| 2018 | $270,978 | $386,302 | $3,455,556 | $-115,324 |
Compare TMT OBSERVATORY CORPORATION with other nonprofits in California and across the country.