CARLMONT ACADEMIC FOUNDATION (EIN 260325796) - 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

2007

Legal Domicile

Principal Officer

TIM HOFFMAN

Phone

6505950210

Tax Period

2022-07-01 to 2023-06-30

CARLMONT ACADEMIC FOUNDATION, founded in 2007, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2022. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $1.0M left a modest 11% surplus.

Mission

The Foundation funds projects that will enrich the educational environment at Carlmont High School, located in Belmont, California through the funding for essential educational programs that will have broad based, substantial and lasting impact.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,140,739

Program Service Revenue $0

Investment Income $27,422

Other Revenue $0

TOTAL REVENUE $1,168,161

Expense Breakdown

Grants Paid $1,011,902

Salaries & Benefits $0

Fundraising Expenses $24,914

Program Expenses $1,011,902

Other Expenses $32,824

TOTAL EXPENSES $1,044,726

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,168,161	$1,763,973	-0.3%
Expenses	$1,044,726	$1,102,207	-0.1%
Net Income	$123,435	$661,766	-0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM HOFFMAN	President	4.00	Officer Director	$0	$0	$0
GRETE FRY	Vice President	4.00	Officer Director	$0	$0	$0
HEIDI BIANCHI	Vice President	4.00	Officer Director	$0	$0	$0
TIFFANY BOOTH	Vice President	4.00	Officer Director	$0	$0	$0
MARJAN MOSSADEGHIAN	Vice President	4.00	Officer Director	$0	$0	$0
WELLS MARIAN	Secretary	4.00	Officer Director	$0	$0	$0
SANDRA SANVIDO	Vice President	4.00	Officer Director	$0	$0	$0
ULLA FOEHR	Director	4.00	Officer Director	$0	$0	$0
JULIA WILLIAMS	Treasurer	4.00	Officer Director	$0	$0	$0
LAURA BIERWAGEN	BTI LIAISON	4.00	Officer Director	$0	$0	$0
LISA BOCK	Vice President	4.00	Officer Director	$0	$0	$0
LINDA SONNE-HARRISON	Vice President	4.00	Officer Director	$0	$0	$0
George Mastalir	COUNCIL LIAISON	4.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,168,161	$1,044,726	$1,968,151	$123,435
2022	$1,763,973	$1,102,207	$1,871,037	$661,766
2021	$952,274	$925,586	$1,027,834	$26,688
2020	$936,922	$911,860	$993,772	$25,062
2019	$833,553	$826,578	$874,520	$6,975

CARLMONT ACADEMIC FOUNDATION