THE WESTMONT COLLEGE FOUNDATION

EIN: 770000241 501(c)(3)

Santa Barbara, CA

Total Revenue
$371,464
Total Expenses
$326,489
Total Assets
$2,991,886
Net Assets
$2,991,886
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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
1997
Legal Domicile
CA
Principal Officer
Ryan Wolfshorndl
Phone
8055656286
Tax Period
2024-06-01 to 2025-05-31

THE WESTMONT COLLEGE FOUNDATION, founded in 1997, is a small nonprofit that reported $371K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $326K left a modest 12% surplus.

Mission

To provide and develop community relations and financial support in concert with and toward fulfillment of the vision and mission of Westmont College

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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 $371,464
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $371,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $326,489
Other Expenses $326,489
TOTAL EXPENSES $326,489

Year-over-Year Comparison

2024 2023 Change
Revenue $371,464 $261,907 +0.4%
Expenses $326,489 $265,718 +0.2%
Net Income $44,975 $-3,811 -12.8%
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

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Governance

Voting Members
28
Independent Members
25
Employees
N/A
Volunteers
29

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
0
$0
Total Directors
28
$1,016,214
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Gayle Beebe Board Member 1.00
Director
$0 $46,211 $439,223
Doug Jones Board Member 1
Director
$0 $47,909 $303,758
Reed Sheard Board Member 1
Director
$0 $38,562 $273,233
Ryan Wolfshorndl Chair 1
Director
$0 $0 $0
Daniel Aldrich Board Member 1
Director
$0 $0 $0
Sonia Behrman Board Member 1
Director
$0 $0 $0
Hank Bowis Board Member 1
Director
$0 $0 $0
Erika Burrows Board Member 1
Director
$0 $0 $0
Darren Caesar Board Member 1
Director
$0 $0 $0
Michael Daoud Board Member 1
Director
$0 $0 $0
John Davies Board Member 1
Director
$0 $0 $0
Jason Eldred Board Member 1
Director
$0 $0 $0
Denice Fellows Board Member 1
Director
$0 $0 $0
Jacques Habra Board Member 1
Director
$0 $0 $0
Helga Houston Board Member 1
Director
$0 $0 $0
Susan Jackson Board Member 1
Director
$0 $0 $0
Ken Kihlstrom Board Member 1
Director
$0 $0 $0
Bobbie Kinnear Board Member 1
Director
$0 $0 $0
Bill Macfadyen Board Member 1
Director
$0 $0 $0
Bruce McRoy Board Member 1
Director
$0 $0 $0
Marshall Miller Board Member 1
Director
$0 $0 $0
Sherry Nasseri Board Member 1.00
Director
$0 $0 $0
Christopher O'Connor Board Member 1
Director
$0 $0 $0
Andria Raymont Board Member 1
Director
$0 $0 $0
Angela Siemens Board Member 1
Director
$0 $0 $0
Mitch Vance Board Member 1
Director
$0 $0 $0
Alice Van De Water Board Member 1
Director
$0 $0 $0
Karen Yonally Board Member 1
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
2025 $371,464 $326,489 $2,991,886 $44,975
2024 $261,907 $265,718 $2,946,911 $-3,811
2023 $243,494 $242,315 $2,950,722 $1,179
2022 $274,814 $340,202 $2,949,543 $-65,388
2021 $128,645 $119,105 $3,026,930 $9,540
2020 $251,172 $254,971 $3,017,390 $-3,799
2019 $261,478 $252,508 $4,921,189 $8,970
2018 $197,646 $198,720 $6,812,219 $-1,074
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