CARDENAS MARKETS FOUNDATION (EIN 710977935) - 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

2005

Legal Domicile

Principal Officer

ADAM SALGADO

Phone

9099237426

Tax Period

2024-01-01 to 2024-12-31

CARDENAS MARKETS FOUNDATION, founded in 2005, is a small nonprofit in the Education sector that reported $774K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $697K left a modest 10% surplus.

Mission

PREPARE FOR AND RUN AN ANNUAL GOLF TOURNAMENT TO RAISE PUBLIC DONATIONS WITH THE PURPOSE OF EXPANDING ACCESS TO HIGHER EDUCATION, SUPPORT PROGRAMS THAT PROVIDE HEALTH SERVICES, SUPPORT HUNGER RELIEF EFFORTS AND SUPPORT CHILDREN'S WELL BEING PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $729,614

Program Service Revenue $0

Investment Income $31,364

Other Revenue $12,692

TOTAL REVENUE $773,670

Expense Breakdown

Grants Paid $510,240

Salaries & Benefits $0

Fundraising Expenses $6,388

Program Expenses $536,790

Other Expenses $186,756

TOTAL EXPENSES $696,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$773,670	$630,963	+0.2%
Expenses	$696,996	$694,792	+0.0%
Net Income	$76,674	$-63,829	-2.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRABASH COSWATTE	BOARD MEMBER	10.00	Director	$0	$0	$0
LETICIA ESPINOZA	BOARD MEMBER	10.00	Director	$0	$0	$0
MARISA KUTANSKY	SECRETARY	10.00	Officer Director	$0	$0	$0
SUZY MONFORD	BOARD MEMBER	10.00	Director	$0	$0	$0
ADAM SALGADO	PRESIDENT	10.00	Officer Director	$0	$0	$0
JASON TRAN	TREASURER	10.00	Officer Director	$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	$773,670	$696,996	$769,332	$76,674
2023	$630,963	$694,792	$699,569	$-63,829
2022	$565,095	$620,700	$752,103	$-55,605
2021	$508,295	$469,361	$807,892	$38,934
2020	$185,130	$659,362	$768,774	$-474,232
2019	$549,191	$407,066	$1,243,006	$142,125
2018	$580,217	$490,634	$1,100,881	$89,583

CARDENAS MARKETS FOUNDATION