DELANCEY STREET CALIFORNIA (EIN 237102690) - Form 990 Financial Analysis & Trantor Score

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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

1971

Legal Domicile

Principal Officer

MIMI H SILBERT

Phone

4159579800

Tax Period

2023-01-01 to 2023-12-31

DELANCEY STREET CALIFORNIA, founded in 1971, is a community nonprofit in the Employment sector that reported $8.0M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $9.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE LONG-TERM RESIDENTIAL HOUSING AND ON-THE-JOB VOCATIONAL TRAINING, EDUCATION AND BASIC LIFE SKILLS TO FORMER DRUG/ALCOHOL ABUSERS, HOMELESS AND OTHERS. PART III, LINE 1, ORGANIZATION'S MISSION STATEMENT: THE REHABILITATION OF FORMER CRIMINALS, DRUG AND/OR ALCOHOL ABUSERS, EDUCATING THE PUBLIC ABOUT POVERTY, ALCOHOL AND SUBSTANCE ABUSE, OPERATE A LONG-TERM RESIDENTIAL EDUCATIONAL CENTER TEACHING ACADEMIC AND VOCATIONAL SKILLS, LIFE SKILLS, AND VALUES NEEDED LEADING TOWARDS LIFE IN THE MAINSTREAM OF SOCIETY; OPERATION OF INCOME PRODUCING TRAINING PROGRAMS AND RELATED TRAINING INSTITUTE.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,732,397

Program Service Revenue $205,430

Investment Income $0

Other Revenue $2,104,787

TOTAL REVENUE $8,042,614

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $22,075

Program Expenses $8,772,542

Other Expenses $9,171,997

TOTAL EXPENSES $9,171,997

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,042,614	$7,270,397	+0.1%
Expenses	$9,171,997	$8,866,125	+0.0%
Net Income	$-1,129,383	$-1,595,728	-0.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$936,284

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN MARGOLIS BALK	DIRECTOR	1.00	Director	$0	$0	$0
GREG SILBERT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SILBERT	DIRECTOR/CHAIR	1.00	Director	$0	$0	$0
PETER PALMISANO	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ORTIZ	DIRECTOR	1.00	Director	$0	$0	$0
RACHELLE YE - FROM 122023	DIRECTOR	1.00	Director	$0	$0	$0
MIMI H SILBERT	PRESIDENT/CEO	40.00	Officer	$0	$155,986	$553,403
JERRY RAYMOND	TREASURER	40.00	Officer	$0	$85,131	$189,787
STEPHANIE MULLER - FROM 122023	SECRETARY/OFFICER	40.00	Officer	$0	$88,505	$193,094

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
2024	No data	No data	No data	No data
2023	$8,042,614	$9,171,997	$34,918,384	$-1,129,383
2022	$7,270,397	$8,866,125	$11,711,443	$-1,595,728
2021	$7,451,507	$8,476,909	$13,315,464	$-1,025,402
2020	$8,222,492	$9,720,554	$14,516,756	$-1,498,062
2019	$10,474,416	$14,065,516	$16,922,812	$-3,591,100
2018	$12,464,882	$14,229,528	$20,118,199	$-1,764,646

DELANCEY STREET CALIFORNIA