BAKERSFIELD COLLEGE FOUNDATION (EIN 510151490) - Form 990 Financial Analysis & Trantor Score

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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

1975

Legal Domicile

Principal Officer

CHERYL M SCOTT

Phone

6613954492

Tax Period

2023-07-01 to 2024-06-30

BAKERSFIELD COLLEGE FOUNDATION, founded in 1975, is a community nonprofit in the Education sector that reported $4.2M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Net assets of $65.0M represent 186 months of operating reserves.

Mission

THE BAKERSFIELD COLLEGE FOUNDATION MANAGES FUNDS FOR MORE THAN 400 ORGANIZATIONS, INDIVIDUALS, AND ENDOWMENTS FOR THE PURPOSE OF SCHOLARSHIPS AN FOR OTHER OBJECTIVES NOTED IN THE FOUNDATION BY LAWS.

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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 $3,332,133

Program Service Revenue $265,384

Investment Income $598,250

Other Revenue $0

TOTAL REVENUE $4,195,767

Expense Breakdown

Grants Paid $926,388

Salaries & Benefits $1,290,723

Fundraising Expenses $80,448

Program Expenses $3,160,624

Other Expenses $1,954,505

TOTAL EXPENSES $4,171,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,195,767	$5,103,853	-0.2%
Expenses	$4,171,616	$6,375,864	-0.3%
Net Income	$24,151	$-1,272,011	-1.0%

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

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

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
JEFF BELL	BOARD MEMBER	N/A	Director	$0	$0	$0
MARKO ZANINOVOCH	PAST CHAIR	N/A	Director	$0	$0	$0
MIKE GIACOMINI	TREASURER	N/A	Director	$0	$0	$0
MEGAN PERSON	BOARD MEMBER	N/A	Director	$0	$0	$0
FRANK WOOLDRIDGE	BOARD MEMBER	N/A	Director	$0	$0	$0
ZAV DADABHOY	BOARD MEMBER	N/A	Director	$0	$0	$0
JOHN PITRE	BOARD MEMBER	N/A	Director	$0	$0	$0
KAREN ZUBER	BOARD MEMBER	N/A	Director	$0	$0	$0
BILLIE JO RICE	VP STDNT AFF	N/A	Director	$0	$0	$0
PAUL PAVLETICH	VICE CHAIRMA	N/A	Director	$0	$0	$0
RICK KREISER	BOARD MEMBER	N/A	Director	$0	$0	$0
LAUREN SKIDMORE	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL O'DOHERTY	BOARD MEMBER	N/A	Director	$0	$0	$0
ARIANA JOVEN	BOARD MEMBER	N/A	Director	$0	$0	$0
NORMA ROJAS-MORA	BOARD MEMBER	N/A	Director	$0	$0	$0
KEN BYRUM	BOARD MEMBER	N/A	Director	$0	$0	$0
KAREN THOMPSON	BOARD MEMBER	N/A	Director	$0	$0	$0
KAY MEEK	BOARD MEMBER	N/A	Director	$0	$0	$0
CONNIE PEREZ-ANDREESEN	BOARD MEMBER	N/A	Director	$0	$0	$0
DEREK YUROSEK	CHAIRMAN	N/A	Director	$0	$0	$0
SARABJEET SINGH	BOARD MEMBER	N/A	Director	$0	$0	$0
AMY THELEN	BOARD MEMBER	N/A	Director	$0	$0	$0
RYAN HANSEN	BOARD MEMBER	N/A	Director	$0	$0	$0
PAWAN GILL	BOARD MEMBER	N/A	Director	$0	$0	$0
NICK STROBEL	ACADMC SEN P	N/A	Director	$0	$0	$0
CHERYL M SCOTT	EXECUTIVE DI	N/A	Officer	$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	No data	No data	No data	No data
2024	$4,195,767	$4,171,616	$65,515,829	$24,151
2023	$5,103,853	$6,375,864	$59,185,594	$-1,272,011
2022	$9,474,080	$2,811,671	$55,855,137	$6,662,409
2021	$4,941,968	$2,198,383	$57,549,520	$2,743,585
2020	$6,923,688	$3,596,248	$45,851,212	$3,327,440
2019	$5,316,388	$3,713,699	$42,430,737	$1,602,689

BAKERSFIELD COLLEGE FOUNDATION