COMMERCIAL FINANCE CONFERENCE OF CA INC DBA SFNET SOCAL

EIN: 510152393

REDONDO BEACH, CA

Total Revenue
$149,020
Total Expenses
$157,134
Total Assets
$73,128
Net Assets
$73,128
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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
CA
Principal Officer
CARRIE JENKINS
Phone
3103220650
Tax Period
2025-01-01 to 2025-12-31

COMMERCIAL FINANCE CONFERENCE OF CA INC DBA SFNET SOCAL, founded in 1975, is a small nonprofit that reported $149K in total revenue in fiscal year 2025.

Mission

NONE

Program Service Accomplishments

Program 1

OBJECTIVE OF THE ORGANIZATION IS THE CONTINUOUS TRAINING AND UPGRADING OF SKILLS OF MEMBERS IN ASSISTING AMERICAN COMMERCE TO OBTAIN ADEQUATE CREDIT TO PRODUCE AND SELL GOODS THROUGHOUT THE U.S. THIS...

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OBJECTIVE OF THE ORGANIZATION IS THE CONTINUOUS TRAINING AND UPGRADING OF SKILLS OF MEMBERS IN ASSISTING AMERICAN COMMERCE TO OBTAIN ADEQUATE CREDIT TO PRODUCE AND SELL GOODS THROUGHOUT THE U.S. THIS OBJECTIVE IS MET THROUGH PERIODIC MEETINGS AND SEMINARS, PUBLISHING NEWSLETTERS AND MONTHLY MEMBERSHIP MEETINGS WITH OUTSTANDING GUEST SPEAKERS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $148,590
Investment Income $430
Other Revenue $0
TOTAL REVENUE $149,020

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $157,134
TOTAL EXPENSES $157,134

Year-over-Year Comparison

2025 2024 Change
Revenue $149,020 $144,759 +0.0%
Expenses $157,134 $126,824 +0.2%
Net Income $-8,114 $17,935 -1.5%
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

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Governance

Voting Members
16
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
3
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARRIE JENKINS President 0.50
Director
$0 $0 $0
DAVE WILLIAMSON Director 0.50
Director
$0 $0 $0
GINO CLARK Director 0.00
Director
$0 $0 $0
GARY REISS Director 2.00
Director
$0 $0 $0
JAMES PATTERSON Director 0.50
Director
$0 $0 $0
JASON ANISH Director 0.50
Director
$0 $0 $0
TODD NAKAMOTO Director 0.00
Director
$0 $0 $0
DENI VOLKOFF Director 0.50
Director
$0 $0 $0
RAMSEY NABOR Director 0.50
Director
$0 $0 $0
REY ABUNDO Director 0.50
Director
$0 $0 $0
SUPREMNA COLE Director 0.50
Director
$0 $0 $0
RANDY MITZMAN Director 0.50
Director
$0 $0 $0
TOM NOVEMBRINO Director 0.00
Director
$0 $0 $0
GARY HARRIGIAN Vice President 0.50
Officer
$0 $0 $0
MIKE EARNHART Treasurer 0.50
Officer
$0 $0 $0
LUZ GLICKMAN Vice President 0.50
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 $149,020 $157,134 $73,128 $-8,114
2024 $144,759 $126,824 $81,242 $17,935
2023 $178,944 $204,639 $63,307 $-25,695
2022 $117,952 $120,117 $103,722 $-2,165
2021 $49,302 $63,950 $91,167 $-14,648
2020 $114,907 $93,129 $105,815 $21,778
2019 $227,521 $253,935 $84,037 $-26,414
2018 $194,340 $215,033 $110,451 $-20,693
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