CARMEL MISSION FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

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

THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES, IN FURTHERANCE OF ITS CHARITABLE PURPOSES, THE PRESERVATION, MAINTENANCE AND RESTORATION OF THE PROPERTIES OF MISSION SAN CARLOS BORROMEO DEL RIO CARMELO.

Program Service Accomplishments

Program 1

Expenses: $18,764 Revenue: $0

IN ADDITION TO THE RESTORATION AND PRESERVATION OF STRUCTURES AND ARTIFACTS THROUGHOUT THE HISTORIC CARMEL MISSION PROPERTY, THE CARMEL MISSION FOUNDATION STRIVES TO PRESERVE THE MISSION'S 250+ YEAR HISTORY BY RESEARCHING AND SHARING THE MISSION'S STORY AS IT ENDURED NOT ONLY DURING THE MISSION-ERA, BUT THROUGH THE FORMATION OF OUR 31ST STATE, AND AS THE MONTEREY PENINSULA DEVELOPED AROUND IT. THE FOUNDATION OFFERS EDUCATIONAL AND HISTORICAL PRESENTATIONS AND SPEAKER ENGAGEMENTS, PROVIDE LEADERSHIP AND RESEARCH OPPORTUNITIES FOR LOCAL YOUTH, AND PRESENT ART AND CULTURAL EXHIBITS THAT TIE INTO THE MISSION'S PAST AND HIGHLIGHT CARMEL MISSION'S TRANSFORMATION THROUGH SKETCHES AND PHOTOGRAPHS DATING BACK TO 1789.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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