KERN COMMUNITY COLLEGE DISTRICT PUBLIC FACILITIES CORPORATION (EIN 770183386) - 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

1988

Legal Domicile

Principal Officer

Melissa thornsberry

Phone

6613365151

Tax Period

2024-07-01 to 2025-06-30

KERN COMMUNITY COLLEGE DISTRICT PUBLIC FACILITIES CORPORATION, founded in 1988, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024.

Mission

ADMINISTRATION OF PUBLIC FACILITIES CORPORATION BONDS FOR THE KERN COMMUNITY COLLEGE DISTRICT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,648,690

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,648,690

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,648,690

Other Expenses $2,648,690

TOTAL EXPENSES $2,648,690

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,648,690	$2,633,832	+0.0%
Expenses	$2,648,690	$2,633,831	+0.0%
Net Income	$0	$1	-1.0%

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

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
John Corkins	President	1.00	Officer Director	$0	$0	$0
Nan Gomez-Heitzeberg	Vice President	1.00	Officer Director	$0	$0	$0
Yovani Jiminez	Clerk	1.00	Officer Director	$0	$0	$0
Dan Diaz	Director	1.00	Director	$0	$0	$0
Kay Meek	Director	1.00	Director	$0	$0	$0
Kyle Carter	Director	1.00	Director	$0	$0	$0
Christine Scrivner	Director	1.00	Director	$0	$0	$0
Melissa Thornsberry	CFO	40.00	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
2025	$2,648,690	$2,648,690	$2	No data
2024	$2,633,832	$2,633,831	$2	$1
2023	$2,620,502	$2,620,502	$1	No data
2022	$2,606,838	$2,606,838	$1	No data
2021	$2,592,853	$2,592,852	$1	$1
2020	$7,887,818	$7,887,818	$75,171	No data

KERN COMMUNITY COLLEGE DISTRICT PUBLIC FACILITIES CORPORATION