CALOPTIMA FOUNDATION

EIN: 273068015 501(c)(3)

ORANGE, CA

Total Revenue
$35,771
Total Expenses
$12,000
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
CA
Principal Officer
MICHAEL SCHRADER
Phone
7142468458
Tax Period
2018-07-01 to 2019-06-30

CALOPTIMA FOUNDATION, founded in 2010, is a micro nonprofit that reported $36K in total revenue in fiscal year 2018. The organization ran a surplus of $24K, a strong 66% operating margin.

Mission

THE CALOPTIMA FOUNDATION HAD BEEN FORMED AS A NON-PROFIT ORGANIZATION UNDER THE CONTROL OF CALOPTIMA FOR THE BENEFIT OF CALOPTIMA MEMBERS AND OTHER COMMUNITY MEMBERS IN ORANGE COUNTY. THE PRIMARY OBJECTIVE FOR THE FOUNDATION IS TO TAKE ADVANTAGE OF HEALTH RELATED PROGRAMMING AND FUNDING OPPORTUNITIES THAT ARE NOT AVAILABLE TO GOVERNMENT ENTITIES. CURRENTLY, THERE IS ONLY ONE PROGRAM UNDER THE FOUNDATION, CALOPTIMA REGIONAL EXTENSION CENTER, WHICH IS FUNDED THROUGH THE FEDERAL AMERICAN REFORM AND RECOVERY ACT.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

CALOPTIMA REGIONAL EXTENSION CENTER (COREC) IS THE PRIMARY GRANT RECIPIENT OF THE CALOPTIMA FOUNDATION. COREC HAS BEEN ESTABLISHED AS A TRUSTED ADVISOR IN HEALTH INFORMATION TECHNOLOGY, PROVIDING...

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CALOPTIMA REGIONAL EXTENSION CENTER (COREC) IS THE PRIMARY GRANT RECIPIENT OF THE CALOPTIMA FOUNDATION. COREC HAS BEEN ESTABLISHED AS A TRUSTED ADVISOR IN HEALTH INFORMATION TECHNOLOGY, PROVIDING HIGH QUALITY INFORMATION, GUIDANCE, AND DIRECT INFORMATION TECHNOLOGY ASSISTANCE. COREC FACILITATES THE SELECTION, IMPLEMENTATION AND ACHIEVEMENT OF MEANINGFUL USE OF ELECTRONIC HEALTH RECORDS AND IS THE LEADER IN PROVIDING HEALTH CARE PRACTICES WITH INTEGRATED DATA ANALYTICS TO ACHIEVE OPTIMAL PATIENT HEALTH AND DISEASE MANAGEMENT. FOR THIS REPORTING YEAR, COREC HAS ASSISTED 140 PROVIDERS IN TOTAL, WHICH INCLUDES 38 IN A COMMUNITY HEALTH CENTER SETTING, 27 UNDER A PRACTICE CONSORTIUM SETTING, AND 75 SOLO PROVIDERS. COREC HAS COMPLETED 92% OF ITS ORIGINAL GOAL, WHICH CONSISTS OF BRINGING 1,000 PRIORITY PRIMARY HEALTH CARE PROVIDERS INTO MEANINGFUL USE OF ELECTRONIC HEALTH RECORDS.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $35,771
Other Revenue $0
TOTAL REVENUE $35,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $12,000
TOTAL EXPENSES $12,000

Year-over-Year Comparison

2018 2017 Change
Revenue $35,771 N/A N/A
Expenses $12,000 $25,000 -0.5%
Net Income $23,771 $-25,000 -2.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
11

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
5
$1,288,621
Total Directors
10
$6,800
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL YOST MD CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $1,200
NIKAN KHATIBI MD VICE CHAIR/DIRECTOR 1.00
Officer Director
$0 $0 $1,400
DOUG CHAFFEE DIRECTOR 1.00
Director
$0 $0 $0
RIA BERGER DIRECTOR 1.00
Director
$0 $0 $1,200
RON DILUIGI DIRECTOR 1.00
Director
$0 $0 $1,300
ANDREW DO DIRECTOR 1.00
Director
$0 $0 $0
LEE PENROSE DIRECTOR 1.00
Director
$0 $0 $600
ALEXANDER NGUYEN MD DIRECTOR 1.00
Director
$0 $0 $1,100
MICHELLE STEEL DIRECTOR 1.00
Director
$0 $0 $0
J SCOTT SCHOEFFEL DIRECTOR 1.00
Director
$0 $0 $0
SUZANNE TURF SECRETARY 1.00
Officer
$0 $31,517 $144,813
MICHAEL SCHRADER CEO 1.00
Officer
$0 $130,684 $741,369
GREG HAMBLIN TREASURER/CFO 1.00
Officer
$0 $81,904 $399,839
NANCY HUANG CONTROLLER 1.00
Highest
$0 $47,390 $240,878
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
2019 $35,771 $12,000 No data $23,771
2018 No data $25,000 $2,843,139 No data
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