Candelen Inc (EIN 860332919) - 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

1976

Legal Domicile

Phone

4808290500

Tax Period

2024-07-01 to 2025-06-30

Candelen Inc, founded in 1976, is a community nonprofit that reported $8.7M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

Services to child care providers.

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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 $8,519,159

Program Service Revenue $0

Investment Income $218,373

Other Revenue $-2,603

TOTAL REVENUE $8,734,929

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,230,646

Fundraising Expenses $46,084

Program Expenses $7,147,512

Other Expenses $3,500,344

TOTAL EXPENSES $8,730,990

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,734,929	$12,218,543	-0.3%
Expenses	$8,730,990	$12,812,974	-0.3%
Net Income	$3,939	$-594,431	-1.0%

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

107

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

$531,883

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rob Podlogar	CEO	40.00	Officer	$224,894	$0	$224,894
Omar Saif	CFO	40.00	Officer	$155,435	$0	$155,435
Kavita Bernstein	CIO	40.00	Officer	$151,554	$0	$151,554
Ruth Ray	Program Director	40.00		$101,174	$0	$101,174
Michael Metzger	Chair	1.00	Officer Director	$0	$0	$0
Donald King	Vice Chair	1.00	Officer Director	$0	$0	$0
Sara Regan	Secretary	1.00	Officer Director	$0	$0	$0
Anaiis Ballesteros	Director	1.00	Director	$0	$0	$0
Malcolm Browne	Treasurer	1.00	Officer Director	$0	$0	$0
Rebecca Gau	Director	1.00	Director	$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	$8,734,929	$8,730,990	$10,183,882	$3,939
2024	$12,218,543	$12,812,974	$10,900,273	$-594,431
2023	$12,638,871	$12,501,510	$11,192,261	$137,361
2022	$11,375,939	$10,182,754	$11,749,476	$1,193,185
2021	$11,022,566	$8,907,670	$8,070,867	$2,114,896
2021	$11,022,566	$8,907,670	$8,070,867	$2,114,896

Candelen Inc