Monterey County Business Council (EIN 770417425) - 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

1995

Legal Domicile

Principal Officer

Luis Alvarez

Phone

8312163000

Tax Period

2023-01-01 to 2023-12-31

Monterey County Business Council, founded in 1995, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $761K, a strong 39% operating margin.

Mission

AN ALLIANCE OF BUSINESS EXECUTIVES AND PROFESSIONALS PROVIDING COLLABORATIVE LEADERSHIP TO HELP PEOPLE FROM BUSINESS, GOVERNMENT, EDUCATION AND THE THE COMMUNITY WORKING TOGETHER ON COUNTYWIDE ISSUES

🔒

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 $1,963,505

Program Service Revenue $0

Investment Income $3,807

Other Revenue $0

TOTAL REVENUE $1,967,312

Expense Breakdown

Grants Paid $222,000

Salaries & Benefits $723,632

Fundraising Expenses $0

Program Expenses $1,133,881

Other Expenses $261,042

TOTAL EXPENSES $1,206,674

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,967,312	$1,305,887	+0.5%
Expenses	$1,206,674	$1,091,764	+0.1%
Net Income	$760,638	$214,123	+2.6%

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

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

$155,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kimbley Craig	Executive Dir.	40.00	Director	$155,000	$0	$155,000
Luis Alvarez	Director	2.00	Director	$0	$0	$0
Chris Steinbruner	Chairman	2.00	Officer Director	$0	$0	$0
Peter Scudder	Director	2.00	Director	$0	$0	$0
Joe Foster	Vice President	2.00	Officer Director	$0	$0	$0
Amy Ivey	Secretary/Treas	2.00	Officer Director	$0	$0	$0
Megan Hunter	Director	2.00	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	$1,967,312	$1,206,674	$1,070,322	$760,638
2022	$1,305,887	$1,091,764	$292,655	$214,123
2021	$515,668	$461,875	$76,616	$53,793
2020	$477,815	$506,397	$24,332	$-28,582
2019	$585,682	$580,087	$53,103	$5,595

Monterey County Business Council