Capitola, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BRIGHTPATH, founded in 2006, is a small nonprofit in the Education sector that reported $719K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.
Brightpath provides supports to individuals with intellectual differences through its' Community Care Licensed Adult Day Activity Center located in Capitola, California. Brightpath Day Program is contracted by the San Andreas Regional Center and local school districts to provide Day Program services including behavioral and vocational counseling and training. Brightpath strives to create meaningful peer and community connections for its participants.
Brightpath's only source of revenue this year continues be from San Andreas Regional Center for its Day Program. The program served twenty individual with intellectual differences year-round at its...
Brightpath's only source of revenue this year continues be from San Andreas Regional Center for its Day Program. The program served twenty individual with intellectual differences year-round at its site based program. Beyond, regular service delivery, Brightpath completed bringing our programing in-line with changing Home and Community-Based Services guidelines from the Department of Developmental Services to creating a more person-centered approach to service delivery. These welcomed improvements insure Brightpath keeps the needs and desires of those who we serve at the forefront of our programing.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $718,791 | $883,623 | -0.2% |
| Expenses | $730,050 | $863,492 | -0.2% |
| Net Income | $-11,259 | $20,131 | -1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Victor Manuel Calvo-Cortes | President Board of Directors and Program Director | 20.00 |
Officer
|
$52,313 | $0 | $52,313 |
| Angela Cortes | Treasurer | 20.00 |
Officer
|
$38,050 | $0 | $38,050 |
| Michael Wood | Secretary and behavioral consultant | 10 |
Officer
|
$9,000 | $0 | $9,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $718,791 | $730,050 | $84,313 | $-11,259 |
| 2024 | $883,623 | $863,492 | $91,571 | $20,131 |
| 2023 | $613,512 | $611,251 | $58,240 | $2,261 |
| 2022 | $482,724 | $482,434 | $1,179 | $290 |
| 2021 | $410,654 | $410,561 | $889 | $93 |
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