BENICIA FIRST CORPORATION

🔒

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

1988

Legal Domicile

Principal Officer

Cristina Strawbridge

Phone

7077459701

Tax Period

2024-01-01 to 2024-12-31

BENICIA FIRST CORPORATION, founded in 1988, is a small nonprofit in the Unknown sector that reported $350K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

BENICIA FIRST CORP DBA MAIN ST PROGRAM WAS ORGANIZED TO PROMOTE THE DOWNTOWN FIRST ST BUSINESSES BY SPONSORING, ORGANIZING AND RUNNING VARIOUS EVENTS AND FUNDRAISERS AND RUNNING VARIOUS EVENTS AND FUNDRAISERS

Program Service Accomplishments

Program 1

Expenses: $284,492 Revenue: $221,702

ORGANIZATION PROMOTES BUSINESSES ON FIRST STREET WITH ACTIVITIES THAT DRAW ATTENTION TO THE DOWNTOWN AREA. VARIOUS ENDEAVORS ARE DONE TO PROMOTE THE PUBLIC TO BUY GOODS AND SERVICES FROM DOWNTOWN...

ORGANIZATION PROMOTES BUSINESSES ON FIRST STREET WITH ACTIVITIES THAT DRAW ATTENTION TO THE DOWNTOWN AREA. VARIOUS ENDEAVORS ARE DONE TO PROMOTE THE PUBLIC TO BUY GOODS AND SERVICES FROM DOWNTOWN BUSINESSES AND TO MAKE THE AREA A DESTINATION PLACE FOR CITIZENS AND TOURISTS. EVENTS INCLUDE FARMERS MARKETS, BEER AND WINE CRAWLS, HOLIDAY EVENTS INCLUDING 4TH OF JULY

🔒

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 $63,248

Program Service Revenue $221,702

Investment Income $43

Other Revenue $64,718

TOTAL REVENUE $349,711

Expense Breakdown

Grants Paid $0

Salaries & Benefits $162,894

Fundraising Expenses $12,771

Program Expenses $284,492

Other Expenses $191,793

TOTAL EXPENSES $354,687

Year-over-Year Comparison

	2024	2023	Change
Revenue	$349,711	$385,647	-0.1%
Expenses	$354,687	$351,635	+0.0%
Net Income	$-4,976	$34,012	-1.1%

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

Employees

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
MIKE CAPLIN	PRESIDENT	5	Officer Director	$0	$0	$0
MARIA DELLANNO SAULSBUR	VICE PRESIDENT	5	Officer Director	$0	$0	$0
JERRY HAYES	SECRETARY/TREASURER	5	Officer Director	$0	$0	$0
LORIE CAMPBELL	DIRECTOR	2	Director	$0	$0	$0
SUSAN HURL	DIRECTOR	2	Director	$0	$0	$0
PAUL ADLER	DIRECTOR	2	Director	$0	$0	$0
CAROL MAYER	DIRECTOR	3	Director	$0	$0	$0
TONI HAUGHEY	DIRECTOR	2	Director	$0	$0	$0
MARY SCHMIDT	DIRECTOR	2	Director	$0	$0	$0
LIONEL LARGAESPADA	DIRECTOR	2	Director	$0	$0	$0
PETER PARVAN	DIRECTOR	2	Director	$0	$0	$0
BONNIE SILVERIA	EX OFFICO DIRECTOR	2	Director	$0	$0	$0
MARIO GIULANI	EX OFFICIO DIRECTOR	2	Director	$0	$0	$0
NANCY MARTINEZ	EXECUTIVE DIRECTOR	2	Director Key Emp	$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	$349,711	$354,687	$183,503	$-4,976
2023	$385,647	$351,635	$151,131	$34,012
2022	$330,137	$330,194	$156,848	$-57
2021	$278,001	$250,437	$139,919	$27,564
2020	$238,055	$269,214	$129,213	$-31,159