COURAGE CALIFORNIA INSTITUTE C3 (EIN 270343297) - 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

2009

Legal Domicile

Principal Officer

IRENE KAO

Phone

2134526565

Tax Period

2024-01-01 to 2024-12-31

COURAGE CALIFORNIA INSTITUTE C3, founded in 2009, is a small nonprofit in the Human Services sector that reported $228K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $457K exceeded revenue, resulting in a 100% operating deficit.

Mission

COURAGE CALIFORNIA INSTITUTE'S MISSION IS TO DEFEND AND EXTEND ECONOMIC JUSTICE, HUMAN RIGHTS, AND CORPORATE AND POLITICAL ACCOUNTABILITY THROUGH PUBLIC EDUCATION, STRATEGIC RESEARCH AND INNOVATIVE LEADERSHIP-DEVELOPMENT TRAINING.

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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 $228,004

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $228,004

Expense Breakdown

Grants Paid $0

Salaries & Benefits $245,735

Fundraising Expenses $1,875

Program Expenses $427,266

Other Expenses $209,386

TOTAL EXPENSES $456,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,004	$612,569	-0.6%
Expenses	$456,996	$396,981	+0.2%
Net Income	$-228,992	$215,588	-2.1%

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

N/A

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

$169,588

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY CHOTIRMAL	DIRECTOR	1.00	Director	$0	$0	$0
GILLIAN MORSHEDI	CHAIR/DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY GARDNER	DIRECTOR	1.00	Director	$0	$0	$0
JOANN LO	SECRETARY/TREASURER/DIRECTOR	1.00	Director	$0	$0	$0
BULMARO VICENTE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LIGHTY	DIRECTOR	1.00	Director	$0	$0	$0
LISA GARCIA BEDOLLA	DIRECTOR	1.00	Director	$0	$0	$0
IRENE KAO	PRESIDENT	5.00	Officer	$0	$0	$169,588

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	$228,004	$456,996	$122,374	$-228,992
2023	$612,569	$396,981	$313,876	$215,588
2021	$444,099	$377,981	$175,470	$66,118
2020	$360,139	$468,696	$61,841	$-108,557
2018	$544,806	$516,836	$162,429	$27,970

COURAGE CALIFORNIA INSTITUTE C3