INDIO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)DESERT COLLEGE FINANCING CORP, founded in 2014, is a small nonprofit in the Human Services sector that reported $948K in total revenue in fiscal year 2022. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $671K, a strong 71% operating margin.
THE ORGANIZATION WAS ORGANIZED FOR THE PURPOSE OF PROMOTING THE COMMON GOOD AND GENERAL WELFARE OF THE RESIDENTS OF INDIO, CA (THE "CITY"), INCLUDING THE DESERT COMMUNITY COLLEGE DISTRICT (THE "DISTRICT") AND OTHER LOCAL GOVERNMENT ENTERPRISES, THROUGH THE RENDERING OF FINANCIAL ASSISTANCE THERETO. THE ORGANIZATION WILL ACCOMPLISH THIS PRIMARILY THROUGH THE ACQUISITION, LEASING OR SELLING OF BUILDINGS, BUILDING IMPROVEMENTS, ETC. FOR THE BENEFIT OF RESIDENTS OF THE CITY, THE DISTRICT AND SURROUNDING AREAS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $948,411 | $19,046,952 | -1.0% |
| Expenses | $277,245 | $16,979,575 | -1.0% |
| Net Income | $671,166 | $2,067,377 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARTHA GARCIA EDD | SUPERINTENDENT/PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BONNIE STEFAN EDD | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEA GONZALEZ | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUBEN ARIAZTLAN PEREZ | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOEL L KINNAMON EDD | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ISAAC ZARCO | STUDENT TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RONALD ODEN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $948,411 | $277,245 | $18,883,316 | $671,166 |
| 2022 | $19,046,952 | $16,979,575 | No data | $2,067,377 |
| 2021 | $409,595 | $542,963 | $16,915,962 | $-133,368 |
| 2020 | $220,000 | $540,560 | $17,096,468 | $-320,560 |
| 2019 | $220,000 | $543,950 | $17,407,028 | $-323,950 |
| 2018 | $220,000 | $540,830 | $17,720,978 | $-320,830 |
Compare DESERT COLLEGE FINANCING CORP with other nonprofits in California and across the country.