CARMEL MISSION FOUNDATION INC (EIN 262981780) - 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

2008

Legal Domicile

Principal Officer

RICHARD DENIER

Phone

8316243261

Tax Period

2024-01-01 to 2024-12-31

CARMEL MISSION FOUNDATION INC, founded in 2008, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 5876% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 92% operating margin.

Mission

TO RESTORE AND PRESERVE HISTORIC BUILDINGS, GROUNDS, AND ARTIFACTS OF THE CARMEL MISSION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,299,206

Program Service Revenue $0

Investment Income $23,424

Other Revenue $121

TOTAL REVENUE $1,322,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,652

Fundraising Expenses $1,372

Program Expenses $18,764

Other Expenses $79,062

TOTAL EXPENSES $100,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,322,751	$22,133	+58.8%
Expenses	$100,714	$236,001	-0.6%
Net Income	$1,222,037	$-213,868	-6.7%

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

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
DOUGLAS HAYASHI JAN-SEP 2024	TREASURER	15.00	Officer Director	$0	$0	$0
RICHARD DENIER	CHAIRPERSON	10.00	Officer Director	$0	$0	$0
RICHARD PEPE	CHAIRPERSON	4.00	Officer Director	$0	$0	$0
LANE LOYKO	DIRECTOR	4.00	Director	$0	$0	$0
EDWARD DIYANNI	DIRECTOR	10.00	Director	$0	$0	$0
VALERA LYLES	DIRECTOR	4.00	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
2024	$1,322,751	$100,714	$1,882,074	$1,222,037
2023	$22,133	$236,001	$681,503	$-213,868
2022	$116,181	$454,914	$892,781	$-338,733
2021	$982,770	$3,904,343	$1,231,681	$-2,921,573
2020	$2,550,028	$664,471	$4,215,540	$1,885,557
2019	$2,052,420	$751,839	$2,264,315	$1,300,581
2018	$1,149,783	$805,607	$988,703	$344,176

CARMEL MISSION FOUNDATION INC