FUND FOR SANTA BARBARA INC (EIN 770070742) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1980

Legal Domicile

Principal Officer

Eric Cardenas

Phone

8057360164

Tax Period

2023-01-01 to 2023-12-31

FUND FOR SANTA BARBARA INC, founded in 1980, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.7M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $701K, a strong 26% operating margin.

Mission

Provide cash grants and free consulting to grassroots organizations in Santa Barbara County.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,763,696

Program Service Revenue $73,940

Investment Income $-137,959

Other Revenue $-43,018

TOTAL REVENUE $2,656,659

Expense Breakdown

Grants Paid $478,572

Salaries & Benefits $865,451

Fundraising Expenses $226,211

Program Expenses $1,435,689

Other Expenses $611,350

TOTAL EXPENSES $1,955,373

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,656,659	$1,727,517	+0.5%
Expenses	$1,955,373	$1,778,568	+0.1%
Net Income	$701,286	$-51,051	-14.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$18,355

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marcos Vargas	Executive Director	40.00		$120,750	$6,073	$126,823
Patricia Solorio	Associate Director	40.00		$100,750	$5,426	$106,176
Eder Gaona Macedo	Director	3.00	Director	$18,355	$0	$18,355
Eric Cardenas	President	6.00	Officer Director	$0	$0	$0
David Landecker	Vice President	6.00	Officer Director	$0	$0	$0
Andrew Oman	Secretary	6.00	Officer Director	$0	$0	$0
Erica Reyes	Director	3.00	Director	$0	$0	$0
Dr Anna Everett PhD	Director	3.00	Director	$0	$0	$0
Diane Fujino	Director	3.00	Director	$0	$0	$0
Maria Garcia-Cacique	GMC Liason	6.00	Director	$0	$0	$0
Jennifer Hooten	Director	3.00	Director	$0	$0	$0
Chelsea Lancaster	Director	3.00	Director	$0	$0	$0
David Pellow	Director	3.00	Director	$0	$0	$0
Rev Julia Hamilton	Director	3.00	Director	$0	$0	$0
Ted Rhodes	Director	3.00	Director	$0	$0	$0
Cuco Rodriguez	GMC Liason	6.00	Director	$0	$0	$0
Mahil Senathirajah	Director	3.00	Director	$0	$0	$0
Gloria Soto	Director	3.00	Director	$0	$0	$0
Susan Wax	Director	3.00	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	No data	No data	No data	No data
2023	$2,656,659	$1,955,373	$4,298,710	$701,286
2022	$1,727,517	$1,778,568	$3,035,480	$-51,051
2021	$1,966,888	$1,430,633	$3,575,177	$536,255
2020	$1,576,837	$1,372,465	$3,118,213	$204,372
2019	$2,232,383	$1,991,912	$3,124,074	$240,471
2018	$1,677,784	$1,870,342	$2,511,400	$-192,558

FUND FOR SANTA BARBARA INC