CALIFORNIA NURSE-MIDWIVES FOUNDATION

EIN: 843622602 501(c)(3) Diseases & Disorders

South Pasadena, CA

Total Revenue
$238,858
Total Expenses
$267,006
Total Assets
$200,577
Net Assets
$200,577
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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
CA
Tax Period
2023-01-01 to 2023-12-31

CALIFORNIA NURSE-MIDWIVES FOUNDATION, founded in 2019, is a small nonprofit in the Diseases & Disorders sector that reported $239K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $267K exceeded revenue, resulting in a 12% operating deficit.

Mission

The California Nurse-Midwives Foundation (CNMF) had the significant activities:(a) Supported diversification of the nurse-midwifery workforce by providing scholarship funds to students of color (continued in attachment

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $238,858
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $238,858

Expense Breakdown

Grants Paid $153,752
Salaries & Benefits $41,533
Fundraising Expenses $0
Program Expenses $237,889
Other Expenses $71,721
TOTAL EXPENSES $267,006

Year-over-Year Comparison

2023 2022 Change
Revenue $238,858 $311,485 -0.2%
Expenses $267,006 $153,259 +0.7%
Net Income $-28,148 $158,226 -1.2%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$12,000
Total Directors
0
$0
Key Employees
1
$12,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHLEEN DOWD CHAIR 20.00
Officer
$12,000 $0 $12,000
OLIVIA FAVELA-GARY EXECUTIVE DIRECTOR 5.00
Key Emp
$12,000 $0 $12,000
LAURA GONZALEZ TREASURER 5.00
Officer
$0 $0 $0
ANA DELGADO SECRETARY 5.00
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 $238,858 $267,006 $200,577 $-28,148
2022 $311,485 $153,259 $227,787 $158,226
2021 $92,261 $40,336 $69,561 $51,925
2020 $64,841 $48,961 $17,680 $15,880
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