CORNUCOPIA SERVICES

EIN: 341991587 501(c)(3) Food, Agriculture & Nutrition

SIGNAL HILL, CA

Total Revenue
$2,309,597
Total Expenses
$1,604,909
Total Assets
$17,138,853
Net Assets
$12,098,996
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
CA
Principal Officer
JAZMIN CABRERA
Phone
3108026674
Tax Period
2023-01-01 to 2023-12-31

CORNUCOPIA SERVICES, founded in 2004, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 48% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $705K, a strong 31% operating margin.

Mission

THE SPECIFIC CHARITABLE AND PUBLIC PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED ARE TO (1) PROVIDE AFFORDABLE HOUSING FOR VERY LOW, LOW AND MODERATE INCOME FAMILIES AND ELDERLY PERSONS IN ALL OF THE UNITED STATES, WHERE AN INADEQUATE SUPPLY OF HOUSING EXISTS FOR SUCH GROUPS, EXCEPT WYOMING, AND TO LESSEN THE BURDENS OF GOVERNMENT BY SUPPLYING AFFORDABLE, DECENT, SAFE AND SANITARY HOUSING AND RELATED SERVICES, WHERE AN INADEQUATE SUPPLY OF SUCH HOUSING EXISTS; (2) TO PROVIDE CHARITABLE ASSISTANCE TO PERSONS WHOSE INCOMES DO NOT EXCEED 80% OF THE AREA MEDIAN INCOME BY AREA AS DETERMINED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, WITH THE FOCUS ON PERSONS EARNING 60% OF AREA MEDIAN INCOME; AND (3) TO CARRY ON OTHER CHARITABLE ACTIVITIES ASSOCIATED WITH THESE PURPOSES AS ALLOWED BY LAW.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,847
Program Service Revenue $2,305,750
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,309,597

Expense Breakdown

Grants Paid $0
Salaries & Benefits $982,954
Fundraising Expenses $0
Program Expenses $245,927
Other Expenses $621,955
TOTAL EXPENSES $1,604,909

Year-over-Year Comparison

2023 2022 Change
Revenue $2,309,597 $4,476,337 -0.5%
Expenses $1,604,909 $3,739,416 -0.6%
Net Income $704,688 $736,921 0.0%
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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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
56
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACQUELINE RAMOS SECRETARY 1.00
Officer Director
$0 $0 $0
JAZMIN CABRERA PRESIDENT 1.00
Officer Director
$0 $0 $0
MARGARET CARLEEN CASTANEDA CHAIRMAN 1.00
Officer Director
$0 $0 $0
HEIDI LIZETH ALONSO FORMER DIRECTOR 1.00
Director
$0 $0 $0
JENNY MACIEL DIRECTOR 1.00
Director
$0 $0 $0
VALERIA CORTES ASSISTANT SECRETARY 1.00
Officer Director
$0 $0 $0
MARILU GUEVARA DIRECTOR 1.00
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 No data No data No data No data
2023 $2,309,597 $1,604,909 $17,138,853 $704,688
2022 $4,476,337 $3,739,416 $14,046,324 $736,921
2021 $2,162,267 $1,556,507 $13,174,022 $605,760
2020 $8,629,745 $2,137,079 $12,574,471 $6,492,666
2019 $898,987 $1,328,238 $5,505,011 $-429,251
2018 $1,472,548 $1,411,596 $6,831,155 $60,952
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