CASA DEL MAR INC

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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

2018

Legal Domicile

Principal Officer

CLARK D DEARMOND

Phone

7608358700

Tax Period

2023-01-01 to 2023-12-31

CASA DEL MAR INC, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $262K in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $296K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO FORM LEADERS BY PROVIDING EMOTIONAL SECURITY, BREAKING CYCLES OF VIOLENCE, POVERTY, AND ABANDONMENT DEVELOPING GIFTS AND TALENTS TO TRANSFORM FUTURE GENERATIONS.

Program Service Accomplishments

Program 1

Expenses: $199,921

CASA DEL MAR NINOS DE FE'S STAFF HAS CAREGIVERS, EDUCATORS, PSICOPEDAGOGICAL PROFESSIONALS, COOKS, MAINTENANCE PERSONNEL AND VOLUNTEERS TAKING CARE OF THE CHILDREN, RELATIONSHIPS WITH THE HOME...

CASA DEL MAR NINOS DE FE'S STAFF HAS CAREGIVERS, EDUCATORS, PSICOPEDAGOGICAL PROFESSIONALS, COOKS, MAINTENANCE PERSONNEL AND VOLUNTEERS TAKING CARE OF THE CHILDREN, RELATIONSHIPS WITH THE HOME SCHOOL, DAILY ACTIVITIES IN THE HOUSE, FOLLOW UP WITH ACADEMICAL AND PSYCHOLOGICAL ACTIVITIES, HELPING THE KIDS TO PARTICIPATE IN THE ACTIVITIES PREVIOUSLY PLANNED, MAINTENANCE OF THE FACILITIES, COOKING, CLEANING, AND ALL THE DAILY BASIC DUTIES TO MAKE SURE THE HOME RUNS PROPERLY.SPIRITUAL NEEDSNDF STRIVES TO HELP THE CHILDREN STRENGTHEN THEIR PERSONAL RELATIONSHIP WITH GOD, ENCOURAGING THEM TO FIND HIS PURPOSE AND FOLLOW THEIR DREAMS.PHYSICAL NEEDSWITH THE HELP OF ITS DONORS AND ALLIANCES, NDF PROVIDES EDUCATION, SHELTER, FOOD, CLOTHES, HEALTH, AND SCHOOL SUPPLIES.EMOTIONAL NEEDSNDF CONSTANTLY FILLS THEIR TANKS WITH LOVE AND PROVIDES A HEALTHY FAMILY ENVIRONMENT TO ENCOURAGE THEIR PERSONAL GROWTH WITH SECURED SELF ESTEEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $293,427

Program Service Revenue $0

Investment Income $0

Other Revenue $-31,197

TOTAL REVENUE $262,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,921

Other Expenses $295,686

TOTAL EXPENSES $295,686

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,230	$179,118	+0.5%
Expenses	$295,686	$208,028	+0.4%
Net Income	$-33,456	$-28,910	+0.2%

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

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
DENNIS VISSER	CO-CEO	4.00	Officer Director	$0	$0	$0
BRETT BANNON	CO-CEO	4.00	Officer Director	$0	$0	$0
MARTIN MORE	BOARD MEMBER	4.00	Director	$0	$0	$0
PATRICK COLLINS	BOARD MEMBER	4.00	Director	$0	$0	$0
DAVID BARTH	BOARD MEMBER	4.00	Director	$0	$0	$0
DOLORES HOVARTH	BOARD MEMBER	4.00	Director	$0	$0	$0
CLARK DEARMOND	CFO	4.00	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	No data	No data	No data	No data
2023	$262,230	$295,686	$41,963	$-33,456
2021	$256,819	$204,732	$125,064	$52,087