FINSECA (EIN 852061667) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

MARC CADIN

Phone

7036419400

Tax Period

2023-01-01 to 2023-12-31

FINSECA, founded in 2020, is a mid-sized nonprofit in the Community Improvement sector that reported $18.9M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF FINSECA IS TO ADVOCATE FOR THE FINANCIAL SECURITY PROFESSION, DEVELOP AND GROW ITS LEADERS, AND PROMOTE THE NOBLE AND NECESSARY WORK OF ITS MEMBERS TO PROVIDE FINANCIAL AND RETIREMENT SECURITY FOR THE INDIVIDUALS, FAMILIES, AND BUSINESSES SERVED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,678,833

Program Service Revenue $13,291,293

Investment Income $779,600

Other Revenue $122,591

TOTAL REVENUE $18,872,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,590,795

Fundraising Expenses $0

Other Expenses $11,737,293

TOTAL EXPENSES $20,328,088

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,872,317	$16,709,489	+0.1%
Expenses	$20,328,088	$18,807,668	+0.1%
Net Income	$-1,455,771	$-2,098,179	-0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$2,589,858

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK VAN BENSCHOTEN	CHAIR - AS OF 06/23	3.00	Officer Director	$0	$0	$0
MIKE JAMES	CHAIR-ELECT - AS OF 06/23	3.00	Officer Director	$0	$0	$0
CHIP VAN DUSEN	SECRETARY - AS OF 06/23	3.00	Officer Director	$0	$0	$0
JIM HEBETS	TREASURER - AS OF 06/23	3.00	Officer Director	$0	$0	$0
BOB BACCIGALUPLI	TREASURER - UNTIL 05/23	3.00	Officer Director	$0	$0	$0
EDWARD G DEUTSCHLANDER	IMMED. PAST CHAIR - AS OF 06/23	3.00	Officer Director	$0	$0	$0
JERI TURLEY	IMMED. PAST CHAIR - UNTIL 05/23	3.00	Officer Director	$0	$0	$0
KRISTI ACREE	DIRECTOR	1.00	Director	$0	$0	$0
LORRIE BALDEVIA	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI BARENS	DIRECTOR	1.00	Director	$0	$0	$0
ROB CARNEY	DIRECTOR	1.00	Director	$0	$0	$0
LUIS CHIAPPY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE CORADO	DIRECTOR	1.00	Director	$0	$0	$0
VINCE D'ADDONA	DIRECTOR	1.00	Director	$0	$0	$0
BOB EICHLER	DIRECTOR	1.00	Director	$0	$0	$0
JOE GERGELY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GILBERT	DIRECTOR	1.00	Director	$0	$0	$0
JASON GROVER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY HERMAN	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW HODSON	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE HUBERT	DIRECTOR	1.00	Director	$0	$0	$0
AMY JAMROG	DIRECTOR	1.00	Director	$0	$0	$0
BELLARIA JIMENEZ	DIRECTOR	1.00	Director	$0	$0	$0
JAMES JOYCE	DIRECTOR	1.00	Director	$0	$0	$0
TIM KLUSAS	DIRECTOR	1.00	Director	$0	$0	$0
JASON LEA	DIRECTOR	1.00	Director	$0	$0	$0
DON LIPPENCOTT	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY MAGUIRE	DIRECTOR	1.00	Director	$0	$0	$0
SHAUN MCDUFFEE	DIRECTOR	1.00	Director	$0	$0	$0
BRANDY MICKENS	DIRECTOR	1.00	Director	$0	$0	$0
ERIC NAISON-PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE RIVAS	DIRECTOR	1.00	Director	$0	$0	$0
AMY SALO	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP SARNECKI	DIRECTOR	1.00	Director	$0	$0	$0
JR TOLAND	DIRECTOR	1.00	Director	$0	$0	$0
MARC CADIN	CEO	38.00	Officer	$980,932	$36,561	$1,069,121
BONNIE GODSMAN	PRESIDENT	36.00	Officer	$600,284	$20,160	$687,142
SUZANNE JACOBS	COO - UNTIL 11/23	40.00	Officer	$399,341	$29,949	$429,290
ARMSTRONG ROBINSON	CHIEF ADVOCACY OFFICER	40.00	Officer	$374,017	$30,288	$404,305
DANIEL LABERT	PRES, BROKERAGE & EVP MBR EXP	7.50	Highest	$383,377	$23,782	$407,159
MARGUERITE SEIDEL	SVP, PUBLIC AFFAIRS & MKT	40.00	Highest	$279,746	$20,172	$299,918
JUDITH DURHAM	CHIEF ADMINISTRATIVE OFFICER	40.00	Highest	$209,747	$14,807	$224,554
ALEX KIM	VP, POLICY	40.00	Highest	$203,689	$18,073	$221,762
DAVID STERTZER	FORMER SENIOR EXECUTIVE ADVISOR	0.00		$500,000	$0	$500,000

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	$18,872,317	$20,328,088	$6,567,681	$-1,455,771
2022	$16,709,489	$18,807,668	$7,722,584	$-2,098,179
2021	$13,236,912	$12,562,686	$8,033,532	$674,226
2020	$3,962,827	$5,196,724	$9,408,160	$-1,233,897

FINSECA