BURNHAM CENTER FOR COMMUNITY ADVANCEMENT (EIN 844770687) - 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

2020

Legal Domicile

Principal Officer

TAD PARZEN

Phone

8584010531

Tax Period

2024-01-01 to 2024-12-31

BURNHAM CENTER FOR COMMUNITY ADVANCEMENT, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $739K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 87% operating deficit.

Mission

TO IMPROVE THE SOCIAL ECONOMIC INFRASTRUCTURE AND OTHER QUALITY OF LIFE OUTCOMES IN SAN DIEGO.

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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 $698,535

Program Service Revenue $0

Investment Income $33,800

Other Revenue $6,551

TOTAL REVENUE $738,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $907,805

Fundraising Expenses $78,885

Program Expenses $1,061,951

Other Expenses $471,211

TOTAL EXPENSES $1,379,016

Year-over-Year Comparison

	2024	2023	Change
Revenue	$738,886	$9,637,915	-0.9%
Expenses	$1,379,016	$1,567,898	-0.1%
Net Income	$-640,130	$8,070,017	-1.1%

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

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

$259,772

Total Directors

$259,772

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER ELLSWORTH	BOARD MEMBER	1.00	Director	$0	$0	$0
MALIN BURNHAM	FOUNDER AND BOARD CHAIR	1.00	Officer Director	$9,441	$19,629	$29,070
PAULA CORDEIRO	BOARD MEMBER	1.00	Director	$0	$0	$0
JACK MCGRORY	BOARD MEMBER	1.00	Director	$0	$0	$0
LISETTE ISLAS	BOARD MEMBER	1.00	Director	$0	$0	$0
VINCENT MUDD	BOARD MEMBER	1.00	Director	$0	$0	$0
TAD PARZEN	PRESIDENT AND CEO	40.00	Officer Director	$208,441	$22,261	$230,702
PATRICIA PRADO-OLMOS	BOARD MEMBER	1.00	Director	$0	$0	$0
KIRBY BRADY	BOARD MEMBER	1.00	Director	$0	$0	$0
SOPHIA EICHNER	SR. DIRECTOR PROGRAM OPERA	40.00	Highest	$169,675	$14,933	$184,608

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	$738,886	$1,379,016	$8,739,215	$-640,130
2023	$9,637,915	$1,567,898	$9,582,856	$8,070,017
2022	$2,360,501	$1,459,727	$1,422,064	$900,774
2021	$914,444	$778,781	$307,722	$135,663

BURNHAM CENTER FOR COMMUNITY ADVANCEMENT