CALIFORNIA CHARTER SCHOOLS EMPLOYEE WELFARE BENEFIT TRUST (EIN 616357929) - 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

2008

Legal Domicile

Principal Officer

WALTER WALLACE

Phone

9164671400

Tax Period

2023-01-01 to 2023-12-31

CALIFORNIA CHARTER SCHOOLS EMPLOYEE WELFARE BENEFIT TRUST, founded in 2008, is a mid-sized nonprofit in the Mutual Benefit sector that reported $18.6M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $20.7M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE PLAN IS A TRUST FUND ESTABLISHED FOR THE SOLE PURPOSE OF SUPPORTING AND MAINTAINING A WELFARE BENEFIT PLAN PROGRAM, ESTABLISHED BY THE SPONSOR, CALIFORNIA CHARTER SCHOOLS, A CALIFORNIA NONPROFIT BENEFIT CORPORATION, FOR THE BENEFIT OF THEIR MEMBER CHARTER SCHOOLS' EMPLOYEES AND THEIR DEPENDENTS.

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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 $0

Program Service Revenue $18,571,003

Investment Income $45,274

Other Revenue $0

TOTAL REVENUE $18,616,277

Expense Breakdown

Grants Paid $0

Salaries & Benefits $472,350

Fundraising Expenses $0

Other Expenses $1,100,214

TOTAL EXPENSES $20,675,286

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,616,277	$20,986,343	-0.1%
Expenses	$20,675,286	$20,652,251	+0.0%
Net Income	$-2,059,009	$334,092	-7.2%

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

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

$166,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA GOMEZ	TRUSTEE	1.00	Director	$0	$0	$0
MARSHALL MAYOTTE	TRUSTEE	1.00	Director	$0	$0	$0
JODI RETZLOFF	TRUSTEE	1.00	Director	$0	$0	$0
WALTER WALLACE	TRUSTEE, CHAIRMAN	1.00	Officer Director	$0	$0	$0
MISTI COLE	CEO	40.00	Officer	$151,771	$15,029	$166,800

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	No data	No data	No data	No data
2023	$18,616,277	$20,675,286	$3,018,712	$-2,059,009
2022	$20,986,343	$20,652,251	$4,981,734	$334,092
2021	$19,167,610	$19,603,793	$4,751,972	$-436,183
2020	$23,853,734	$23,413,312	$5,644,901	$440,422
2019	$22,342,526	$22,321,706	$5,269,145	$20,820
2018	$21,732,387	$21,209,062	$4,755,215	$523,325

CALIFORNIA CHARTER SCHOOLS EMPLOYEE WELFARE BENEFIT TRUST