Bakersfield ARC Foundation (EIN 721549925) - 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

2003

Legal Domicile

Principal Officer

David Shawn Kennemer

Phone

6618342272

Tax Period

2024-01-01 to 2024-12-31

Bakersfield ARC Foundation, founded in 2003, is a micro nonprofit in the Mental Health sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 139% from the prior year — a significant decline worth monitoring.

Mission

to raise general operating capital for bakersfield arc, inc., so that bakersfield arc, inc. can focus on improving the quality of life for adults with developmental disabilities.

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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 $114,687

Program Service Revenue $0

Investment Income $6,700

Other Revenue $-191,770

TOTAL REVENUE $-70,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $51,596

Program Expenses $60,043

Other Expenses $114,131

TOTAL EXPENSES $114,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-70,383	$180,126	-1.4%
Expenses	$114,131	$154,646	-0.3%
Net Income	$-184,514	$25,480	-8.2%

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

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
Joe Gregory	Director	1.00	Director	$0	$0	$0
David Shawn Kennemer	President	1.00	Officer Director	$0	$0	$0
Nick Azemika	Chairman	1.00	Officer Director	$0	$0	$0
Kevin Burton	director	1.00	Director	$0	$0	$0
Joanne Martin	Vice-Chair	1.00	Officer Director	$0	$0	$0
Jenny Direck	Director	1.00	Director	$0	$0	$0
Kenneth Schmitz	CFO	1.00	Officer	$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	$-70,383	$114,131	$3,205,259	$-184,514
2023	$180,126	$154,646	$961,534	$25,480
2022	$537,570	$36,366	$915,466	$501,204
2021	$298,125	$4,436	$432,155	$293,689

Bakersfield ARC Foundation