THE BANDINI FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Phone

8185191994

Tax Period

2024-01-01 to 2024-12-31

THE BANDINI FOUNDATION, founded in 2008, is a small nonprofit in the Human Services sector that reported $441K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $527K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE SPECIFIC MISSION OF THIS EXEMPT ORGANIZATION IS TO TRAIN AND PROVIDE SERVICES TO VETERANS. 100% OF THE ORGANIZATION'S TIME IS DIRECTED TOWARD THIS PURPOSE.

Program Service Accomplishments

Program 1

Expenses: $527,377

THE ORGANIZATION ACCOMPLISHES ITS PURPOSE THROUGH THE OPERATION OF A GOLF COURSE (KNOWN AS HERO'S GOLF COURSE) ADJACENT TO THE VETERAN'S ADMINISTRATION HOSPITAL IN WEST LOS ANGELES, CA. THE THREE...

THE ORGANIZATION ACCOMPLISHES ITS PURPOSE THROUGH THE OPERATION OF A GOLF COURSE (KNOWN AS HERO'S GOLF COURSE) ADJACENT TO THE VETERAN'S ADMINISTRATION HOSPITAL IN WEST LOS ANGELES, CA. THE THREE LARGEST PROGRAM SERVICE ACCOMPLISHMENTS THRU THE OPERATION OF THE GOLF COURSE ARE 1) TRAINING, EMPLOYING AND HELPING VETERANS, INCLUDING THOSE WHO ARE DISABLED. THE PROGRAM TRAINS VETERANS IN GOLF COURSE RELATED JOB SKILLS SO THEY CAN LIVE A HAPPY AND PRODUCTIVE LIFE, 2) THE OPERATION OF THE GOLF COURSE PROVIDES THERAPY FOR THE VETERANS AND 3) RECREATION FOR THE VETERANS AND OTHERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,000

Program Service Revenue $425,839

Investment Income $0

Other Revenue $0

TOTAL REVENUE $440,839

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,580

Fundraising Expenses $0

Program Expenses $527,377

Other Expenses $198,797

TOTAL EXPENSES $527,377

Year-over-Year Comparison

	2024	2023	Change
Revenue	$440,839	$494,186	-0.1%
Expenses	$527,377	$422,684	+0.2%
Net Income	$-86,538	$71,502	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICARDO BANDINI	President	40.00	Officer Director	$0	$0	$0
SCOTT MOREY	CFO/TREASURER	5.00	Officer Director	$0	$0	$0
CATHY JOHNSON	Secretary	30.00	Officer Director	$0	$0	$0
BRYAN BANDINI RICO	Director	40.00	Director	$0	$0	$0
MICHAEL GEIBELSON	Director	10.00	Director	$0	$0	$0
ANDREW CARRILLO	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	$440,839	$527,377	$1,186,402	$-86,538
2023	$494,186	$422,684	$1,272,940	$71,502
2022	$478,700	$409,547	$1,201,438	$69,153
2021	$322,922	$270,218	$1,133,885	$52,704
2020	$25,229	$59,074	$1,081,181	$-33,845
2019	$99,090	$112,868	$1,115,026	$-13,778
2018	$116,561	$130,552	$1,275,157	$-13,991