Friends of Carden co Carden Academy of Almaden

EIN: 202509961 501(c)(3)

San Jose, CA

Total Revenue
$237,626
Total Expenses
$458,613
Total Assets
$165,303
Net Assets
$165,303
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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
2005
Legal Domicile
CA
Phone
4082653392
Tax Period
2019-01-01 to 2019-12-31

Friends of Carden co Carden Academy of Almaden, founded in 2005, is a small nonprofit that reported $238K in total revenue in fiscal year 2019. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $459K exceeded revenue, resulting in a 93% operating deficit.

Mission

Provide students at Carden Academy with means for educational and technological assistance, to further their enrichment opportunities.

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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 (2019)

Revenue Breakdown

Contributions & Grants $225,617
Program Service Revenue $0
Investment Income $0
Other Revenue $12,009
TOTAL REVENUE $237,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $458,467
Other Expenses $458,613
TOTAL EXPENSES $458,613

Year-over-Year Comparison

2019 2018 Change
Revenue $237,626 $1,008,671 -0.8%
Expenses $458,613 $642,357 -0.3%
Net Income $-220,987 $366,314 -1.6%
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
20

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nancy Allard President 2.00
Officer Director
$0 $0 $0
Cyndi Petersen Secretary 2.00
Officer Director
$0 $0 $0
Treena Keating CFO 2.00
Officer Director
$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
2019 $237,626 $458,613 $165,303 $-220,987
2018 $1,008,671 $642,357 $386,290 $366,314
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