Pomona Community 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

2008

Legal Domicile

Principal Officer

David Perez

Phone

9097845327

Tax Period

2023-01-01 to 2023-12-31

Pomona Community Foundation, founded in 2008, is a small nonprofit in the Human Services sector that reported $109K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $180K exceeded revenue, resulting in a 64% operating deficit.

Mission

As a community foundation, our top priority is to enrich our community through the charitable giving of our donors. We stand by this ambition by focusing on three primary goals: Fund and advance specific charitable programs that honor the wishes of donors. Collaborate with institutions and organizations who are similarly invested in our community to sponsor and strengthen local initiatives. Develop inspired and well-rounded civic leaders from and for Pomona through comprehensive training that champions the city's diversity in order to increase opportunities for all.

Program Service Accomplishments

Program 1

Expenses: $179,815

Pomona community foundation provided funding for several programs during the year. This included grants to other organizations in the Pomona area, a leadership program, a program to help families and children thrive, a compassion program to help families with needs caused by COVID, a Kwanza, and scholarships for 65 students and 6 teachers. This involved many citizens of Pomona and the surrounding communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $109,465

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $109,465

Expense Breakdown

Grants Paid $89,226

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $179,815

Other Expenses $90,589

TOTAL EXPENSES $179,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$109,465	$95,525	+0.1%
Expenses	$179,815	$51,934	+2.5%
Net Income	$-70,350	$43,591	-2.6%

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

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
James Makshaonoff	Director	3.00	Director	$0	$0	$0
Richard Martinez	Director	3.00	Director	$0	$0	$0
ED Tessier	Vice President	2.00	Officer Director	$0	$0	$0
Bob Cruz	Director	2.00	Director	$0	$0	$0
Elizabeth Rega PHD	Secretary	2.00	Officer Director	$0	$0	$0
James Dale	Director	2.00	Director	$0	$0	$0
Gabriela Gamiz-Gomez	Director	2.00	Director	$0	$0	$0
David M Perez	Treasurer	2.00	Officer Director	$0	$0	$0
Soraya M Coley PHD	Director	2.00	Director	$0	$0	$0
Miguel Santana	Chairman	2.00	Officer 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
2023	$109,465	$179,815	$461,472	$-70,350
2022	$95,525	$51,934	$531,822	$43,591
2021	$278,933	$323,499	$496,781	$-44,566
2020	$736,996	$357,146	$536,797	$379,850
2019	$171,930	$92,614	$161,947	$79,316
2018	$122,001	$201,391	$75,569	$-79,390