BID FOUNDATION

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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

1997

Legal Domicile

Principal Officer

JIM SCHNEIDER

Phone

6195821093

Tax Period

2024-07-01 to 2025-06-30

BID FOUNDATION, founded in 1997, is a small nonprofit in the Community Improvement sector that reported $665K in total revenue in fiscal year 2024. Revenue surged 5141% from the prior year, signaling strong growth momentum.

Mission

REVITALIZE MAIN STREET RESIDENTIAL AND COMMERCIAL AREAS IN SAN DIEGO AND INCREASE THE QUALITY OF LIFE AND ECONOMIC WELL BEING OF RESIDENTS, EMPLOYEES, AND BUSINESSES WITHIN SUCH AREAS. WE ALSO ASSIST OUR PARTNER CORPORATION, THE BID COUNCIL, IN SPECIFIC CHARITABLE PROJECTS.

Program Service Accomplishments

Program 1

Expenses: $635,835

PROVIDED 16 SPECIAL EVENTS GRANTS TO BUSINESS IMPROVEMENT DISTRICTS TOTALING $575,634 AND 7 NEIGHBORHOOD GRANTS TO ORGANIZATIONS TOTALING $56,000. ALL RECIPIENTS ARE IN THE CITY OF SAN DIEGO.

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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 $655,984

Program Service Revenue $5,125

Investment Income $3,822

Other Revenue $0

TOTAL REVENUE $664,931

Expense Breakdown

Grants Paid $631,634

Salaries & Benefits $3,639

Fundraising Expenses $0

Program Expenses $635,835

Other Expenses $25,673

TOTAL EXPENSES $660,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$664,931	$12,687	+51.4%
Expenses	$660,946	$17,125	+37.6%
Net Income	$3,985	$-4,438	-1.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUNNY LEE	President	0.50	Officer Director	$0	$0	$0
JODI RUDICK	Secretary	0.50	Officer Director	$0	$0	$0
JIM SCHNEIDER	Treasurer	0.50	Officer Director	$0	$0	$0
CHRIS GOMEZ	Vice President	0.50	Officer Director	$0	$0	$0
JOEL HERMOSILLO	BOARD MEMBER	0.25	Director	$0	$0	$0
NATASHA SALGADO	BOARD MEMBER	0.25	Director	$0	$0	$0
DOMINIC LI MANDRI	BOARD MEMBER	0.25	Director	$0	$0	$0
MICHAEL TRIMBLE	BOARD MEMBER	0.25	Director	$0	$0	$0
BENJAMIN NICHOLS	BOARD MEMBER	0.25	Director	$0	$0	$0
CHAD MATOWSKI	BOARD MEMBER	0.25	Director	$0	$0	$0
DENNY KNOX	BOARD MEMBER	0.25	Director	$0	$0	$0
ALEX WARD	BOARD MEMBER	0.25	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	$664,931	$660,946	$282,346	$3,985
2023	$44,502	$82,714	$28,337	$-38,212
2022	$89,035	$101,483	$67,160	$-12,448
2020	$52,582	$57,830	$88,674	$-5,248