CALIFORNIA BUDGET & POLICY CENTER

EIN: 680346784 501(c)(3) Education

SACRAMENTO, CA

Total Revenue
$4,833,834
Total Expenses
$5,610,865
Total Assets
$7,990,499
Net Assets
$7,075,686
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
CA
Principal Officer
CHRISTOPHER HOENE
Phone
9164440500
Tax Period
2024-01-01 to 2024-12-31

CALIFORNIA BUDGET & POLICY CENTER, founded in 1994, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $5.6M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE BUDGET CENTER PROVIDES DEPENDABLE, TIMELY, POLICY GUIDANCE AND PUBLIC EDUCATION THROUGH OUR INDEPENDENT RESEARCH AND ANALYSIS, PUBLIC EDUCATION, STRATEGIC COLLABORATIONS, AND COMMUNICATIONS TO EXPAND ECONOMIC OPPORTUNITIES AND PROMOTE WELL-BEING FOR ALL CALIFORNIANS.

Program Service Accomplishments

Program 1
Expenses: $3,480,995

THE BUDGET CENTER DISTRIBUTES RESEARCH AND ANALYSIS BY PRODUCING BOTH LONG- AND SHORT-FORM PUBLICATIONS. THE BUDGET CENTER PRODUCED 53 ANALYSES IN 2024 THAT WERE PUBLISHED ON OUR WEBSITE AND...

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THE BUDGET CENTER DISTRIBUTES RESEARCH AND ANALYSIS BY PRODUCING BOTH LONG- AND SHORT-FORM PUBLICATIONS. THE BUDGET CENTER PRODUCED 53 ANALYSES IN 2024 THAT WERE PUBLISHED ON OUR WEBSITE AND DISTRIBUTED TO OUR EMAIL SUBSCRIBER LIST WHICH AVERAGED 10,440 SUBSCRIBERS. OUR WEBSITE HAD A TOTAL OF 513,726 VISITORS. THE BUDGET CENTER IS A TRUSTED SOURCE OF RELIABLE INFORMATION FOR THE MEDIA, FEATURED IN 420 UNIQUE ARTICLES AND 106 BROADCAST SPOTS IN 2024. WE ALSO DISTRIBUTE OUR PUBLICATIONS THROUGH SOCIAL MEDIA WHERE WE MAINTAINED AN AVERAGE OF 10,000 FOLLOWERS AND HAD AN AVERAGE OF 17,500 IMPRESSIONS PER MONTH.

Program 2
Expenses: $180,649 Revenue: $97,625

THE BUDGET CENTER ALSO ENGAGES WITH ORGANIZATIONS ACROSS THE STATE BY PARTICIPATING IN SPEAKING ENGAGEMENTS, SERVING ON BOARDS AND COMMITTEES, AND PROVIDING TECHNICAL ASSISTANCE. OUR STAFF SERVED ON...

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THE BUDGET CENTER ALSO ENGAGES WITH ORGANIZATIONS ACROSS THE STATE BY PARTICIPATING IN SPEAKING ENGAGEMENTS, SERVING ON BOARDS AND COMMITTEES, AND PROVIDING TECHNICAL ASSISTANCE. OUR STAFF SERVED ON 33 BOARDS OR COMMITTEES AT ANY GIVEN TIME THROUGHOUT THE YEAR, PARTICIPATED IN 108 SPEAKING ENGAGEMENTS, AND FULFILLED 351 TECHNICAL ASSISTANCE REQUESTS FROM STATE AND LOCAL ORGANIZATIONS AND POLICYMAKERS AND THEIR STAFF. THESE ENGAGEMENT OPPORTUNITIES HELP MAXIMIZE OUR IMPACT TO IMPROVE POLICY FOR ALL CALIFORNIANS.THE BUDGET CENTER HOSTED 16 VIRTUAL EVENTS IN 2024 WITH 4,369 REGISTRANTS AND ONE IN-PERSON EVENT WITH 355 REGISTRANTS.

Program 3
Expenses: $1,094,362

THE BUDGET CENTER ALSO SERVES AS A PARTNER AND CO-HOST IN THE BUDGET POWER PROJECT, A PARTNERSHIP TO BUILD LOCAL AND STATE BUDGET ADVOCACY CAPACITY TO IMPROVE OUTCOMES IN LOCAL BUDGET DECISIONS...

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THE BUDGET CENTER ALSO SERVES AS A PARTNER AND CO-HOST IN THE BUDGET POWER PROJECT, A PARTNERSHIP TO BUILD LOCAL AND STATE BUDGET ADVOCACY CAPACITY TO IMPROVE OUTCOMES IN LOCAL BUDGET DECISIONS THROUGH EDUCATION, TRAINING, TECHNICAL ASSISTANCE, CAPACITY BUILDING, AND PEER LEARNING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,428,895
Program Service Revenue $158,085
Investment Income $185,427
Other Revenue $61,427
TOTAL REVENUE $4,833,834

Expense Breakdown

Grants Paid $1,077,168
Salaries & Benefits $3,396,323
Fundraising Expenses $36,416
Program Expenses $4,756,006
Other Expenses $1,137,374
TOTAL EXPENSES $5,610,865

Year-over-Year Comparison

2024 2023 Change
Revenue $4,833,834 $6,655,540 -0.3%
Expenses $5,610,865 $3,395,252 +0.7%
Net Income $-777,031 $3,260,288 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
23
Volunteers
19

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
4
$273,646
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VERONICA CARRIZALES CHAIR 0.50
Officer Director
$0 $0 $0
CHRIS BENNER BOARD MEMBER 0.50
Director
$0 $0 $0
CATHY CHA BOARD MEMBER 0.50
Director
$0 $0 $0
CRYSTAL CRAWFORD BOARD MEMBER 0.50
Director
$0 $0 $0
NATALIE FOSTER BOARD MEMBER 0.50
Director
$0 $0 $0
TIM GAGE BOARD MEMBER 0.50
Director
$0 $0 $0
SHIMICA GASKINS VICE-CHAIR/SECRETARY 0.50
Officer Director
$0 $0 $0
EMILY GORDON TREASURER 0.50
Officer Director
$0 $0 $0
TRACY GORDON BOARD MEMBER 0.50
Director
$0 $0 $0
RUTH HOLTON-HODSON BOARD MEMBER 0.50
Director
$0 $0 $0
HILARY HOYNES BOARD MEMBER 0.50
Director
$0 $0 $0
JOHN KIM BOARD MEMBER 0.50
Director
$0 $0 $0
TIA ORR BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL TUBBS BOARD MEMBER 0.50
Director
$0 $0 $0
ANTHONY E WRIGHT BOARD MEMBER 0.50
Director
$0 $0 $0
CHRISTOPHER HOENE EXECUTIVE DIRECTOR 40.00
Officer
$238,043 $35,603 $273,646
SCOTT GRAVES DIRECTOR OF RESEARCH 40.00
Highest
$182,578 $31,980 $214,558
JANICE SELBY DIRECTOR OF OPERATIONS 40.00
Highest
$160,025 $32,480 $192,505
ALISSA ANDERSON SENIOR POLICY ANALYST 40.00
Highest
$176,648 $17,665 $194,313
LAURA PRYOR KEY EMPLOYEE 40.00
Highest
$159,413 $22,644 $182,057
KATHERINE ROBLES-AYALA KEY EMPLOYEE 40.00
Highest
$151,038 $21,124 $172,162
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 $4,833,834 $5,610,865 $7,990,499 $-777,031
2023 $6,655,540 $3,395,252 $9,764,779 $3,260,288
2022 $2,571,224 $3,267,500 $6,199,058 $-696,276
2021 $5,250,626 $2,843,774 $6,922,450 $2,406,852
2020 $2,868,186 $2,675,034 $4,545,279 $193,152
2019 $3,486,044 $2,369,238 $4,236,777 $1,116,806
2018 $2,311,568 $1,916,770 $3,018,418 $394,798
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