California Institute of Career Development (EIN 863022115) - 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

2021

Legal Domicile

Principal Officer

Sunil K Vethody

Phone

4086448739

Tax Period

2024-01-01 to 2024-12-31

California Institute of Career Development, founded in 2021, is a small nonprofit in the Education sector that reported $632K in total revenue in fiscal year 2024. Revenue surged 196% from the prior year, signaling strong growth momentum. Expenses of $588K left a modest 7% surplus.

Mission

To empower youth and adults of disadvantage and disaster affected communities with life changing and career focused educational training and thus to enable a productive community

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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 $631,743

Program Service Revenue $0

Investment Income $219

Other Revenue $0

TOTAL REVENUE $631,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,052

Fundraising Expenses $58,838

Program Expenses $588,401

Other Expenses $331,349

TOTAL EXPENSES $588,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$631,962	$213,407	+2.0%
Expenses	$588,401	$210,459	+1.8%
Net Income	$43,561	$2,948	+13.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sunil K Vethody	CEO	40.00	Officer	$0	$0	$0
Vidyadhar Handrangal	Vice President	40.00	Officer	$0	$0	$0
Ajith Ramakrishnan	Chairperson	15.00	Officer	$0	$0	$0
Chandan Prasannan	Assistant Secre	15.00	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	$631,962	$588,401	$80,756	$43,561
2023	$213,407	$210,459	$103,335	$2,948

California Institute of Career Development