CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT (EIN 680387718) - 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

1998

Legal Domicile

Principal Officer

GURBAX SAHOTA

Phone

9164488252

Tax Period

2023-07-01 to 2024-06-30

CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT, founded in 1998, is a small nonprofit in the Education sector that reported $278K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $57K, a strong 21% operating margin.

Mission

TO PROMOTE LOCAL ECONOMIC DEVELOPMENT IN CALIFORNIA.

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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 $240,081

Program Service Revenue $38,042

Investment Income $101

Other Revenue $0

TOTAL REVENUE $278,224

Expense Breakdown

Grants Paid $12,982

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $186,257

Other Expenses $208,202

TOTAL EXPENSES $221,184

Year-over-Year Comparison

	2023	2022	Change
Revenue	$278,224	$233,292	+0.2%
Expenses	$221,184	$227,374	0.0%
Net Income	$57,040	$5,918	+8.6%

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

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

$282,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN HAM	CHAIRMAN	3.00	Officer Director	$0	$0	$0
BRUCE STENSLIE	SEC/TREASURER	2.00	Officer Director	$0	$0	$0
LARRY VAUPEL	DIRECTOR	1.00	Director	$0	$0	$0
AARON LAUREL	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ROMERO	DIRECTOR	1.00	Director	$0	$0	$0
DWYANE DALMAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LYMAN	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET SILVEIRA	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
JASON CARWFORD	DIRECTOR	1.00	Director	$0	$0	$0
GURBAX SAHOTA	EXECUTIVE DIRECTOR	10.00	Officer	$0	$18,780	$282,870

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	$278,224	$221,184	$723,350	$57,040
2023	$233,292	$227,374	$622,295	$5,918
2022	$388,991	$380,662	$635,586	$8,329
2021	$100,508	$192,858	$570,554	$-92,350
2020	$676,180	$226,970	$657,031	$449,210

CALIFORNIA ACADEMY FOR ECONOMIC DEVELOPMENT