THE SAN JOSE CATHOLIC ACCOUNT FOR PARISHES AND SCHOOLS INC (EIN 842084060) - Form 990 Financial Analysis & Trantor Score

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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

2019

Legal Domicile

Phone

2095855143

Tax Period

2024-07-01 to 2025-06-30

THE SAN JOSE CATHOLIC ACCOUNT FOR PARISHES AND SCHOOLS INC, founded in 2019, is a community nonprofit in the Religion sector that reported $5.9M in total revenue in fiscal year 2024. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 17% operating margin.

Mission

THE SPECIFIC PURPOSE OF THE CORPORATION IS TO OPERATE EXCLUSIVELY IN SUPPORT OF PARISHES, ELEMENTARY SCHOOLS AND SECONDARY SCHOOLS OF THE DIOCESE OF SAN JOSE AND THE ROMAN CATHOLIC BOSHOP OF SAN JOSE, A CORPORATION SOLE, BY PROVIDING THEM WITH FINANCIAL AND INTERMEDIARY SERVICES INCLUDING RECEIPT AND DEPOSITS OF FUNDS; MAINTENANCE OF SUBACCOUNTS FOR EACH ENTITY, FACILITATING LOANS FROM THE GENERAL FUND ACCOUNT; AND FINANCIAL MANAGEMENT OF THE GENERAL FUND ACCOUNT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,176,991

Other Revenue $1,674,504

TOTAL REVENUE $5,851,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,842,988

Other Expenses $4,847,438

TOTAL EXPENSES $4,847,438

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,851,495	$3,529,312	+0.7%
Expenses	$4,847,438	$3,623,071	+0.3%
Net Income	$1,004,057	$-93,759	-11.7%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
MICHAEL EGBUJOR	Board Member	Director	$0	$0	$0
ARTHUR CARMICHAEL	Board Member	Director	$0	$0	$0
ROGER BISCAY	Board Member	Director	$0	$0	$0
FATHER ANDRES LIGOT	Board Member	Director	$0	$0	$0
RICHARD RAMKO	Board Member	Director	$0	$0	$0
DEACON ERIC SIMONTIS	CFO	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	$5,851,495	$4,847,438	$131,654,171	$1,004,057
2024	$3,529,312	$3,623,071	$105,814,531	$-93,759
2023	$2,421,381	$1,032,316	$81,600,731	$1,389,065

THE SAN JOSE CATHOLIC ACCOUNT FOR PARISHES AND SCHOOLS INC