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)

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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

Program Service Accomplishments

Program 1
Expenses: $153,752

Student Support/Mentorship Donation & Community Birth - Provided 49 scholarships to student midwives of color from underserved communities. Scholarships were provided for tuition expenses and...

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Student Support/Mentorship Donation & Community Birth - Provided 49 scholarships to student midwives of color from underserved communities. Scholarships were provided for tuition expenses and professional conferences, and emergency funds were provided to assist students with fees and costs to remain in school. There is an urgent need to educate more midwives of color, and these funds support students immediate needs. We also provided funds to 7 midwives committed to mentoring aspiring midwives to aid in the BIPOC midwifery shortage in the state.

Program 2
Expenses: $43,865

Payroll Expenses - Provided fees to CNMFs 3 employees: 2 Project Directors salary and an Operations and Communications Consultant/Administrative. These rolse have contributed to the advancement of...

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Payroll Expenses - Provided fees to CNMFs 3 employees: 2 Project Directors salary and an Operations and Communications Consultant/Administrative. These rolse have contributed to the advancement of CNMFs values/mission in terms of spearheading proposed projects.

Program 3
Expenses: $40,272

Contract and Professional Fees - Provided fees to individual consultants, Raimi and Associates who contributed to the development of CNMFs growth and sustainability planning proposal for the...

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Contract and Professional Fees - Provided fees to individual consultants, Raimi and Associates who contributed to the development of CNMFs growth and sustainability planning proposal for the foreseeable future. Other consulting services from Sadia Arshad, Liz Donnelly, and Holly Smith who have participated in the ongoing development of the Reproductive Justice/Anti-Racism & Implementation of SB 1237 project. Finally, we provided fees to accounting, bookkeeping and legal servies for the purpose of maintaining CNMF within legal boundaries as a foundation.

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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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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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