Intermediary Development Corporation

EIN: 874575710 501(c)(3) Community Improvement

Carson, CA

Total Revenue
$231,539
Total Expenses
$232,547
Total Assets
$44,321
Net Assets
$44,321
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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
2022
Legal Domicile
CA
Principal Officer
Adriene Davis
Phone
8058643436
Tax Period
2025-01-01 to 2025-12-31

Intermediary Development Corporation, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $232K in total revenue in fiscal year 2025. Revenue surged 372% from the prior year, signaling strong growth momentum.

Mission

Intermediary Development Corporation advances equitable workforce development by providing program design apprenticeship strategy employer engagement capacity building and technical assistance to education workforce industry and nonprofit partners.

Program Service Accomplishments

Program 1
Expenses: $174,413 Revenue: $231,539

The Intermediary Development Corporation was a crucial workforce intermediary that played a pivotal role in enhancing regional coordination among education workforce industry and community...

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The Intermediary Development Corporation was a crucial workforce intermediary that played a pivotal role in enhancing regional coordination among education workforce industry and community stakeholders. The organizations primary focus was on fostering the development and alignment of career pathways and workforce initiatives through various services such as program design apprenticeship strategy employer engagement and technical assistance. By convening cross-sector partners facilitating collaboration between employers and training providers supporting apprenticeships and work-based learning and integrating workforce and education systems the organization significantly strengthened the regional workforce infrastructure. These efforts ensured that training programs were in line with labor market demands and aimed to provide equal access to high-quality job opportunities for all individuals within the 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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $231,539
Investment Income $0
Other Revenue $0
TOTAL REVENUE $231,539

Expense Breakdown

Grants Paid $0
Salaries & Benefits $186,396
Fundraising Expenses $0
Program Expenses $174,413
Other Expenses $46,151
TOTAL EXPENSES $232,547

Year-over-Year Comparison

2025 2024 Change
Revenue $231,539 $49,032 +3.7%
Expenses $232,547 $27,525 +7.4%
Net Income $-1,008 $21,507 -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

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Governance

Voting Members
9
Independent Members
8
Employees
3
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
1
$127,466
Total Directors
9
$500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dr Adriene Davis Chief Executive Officer 50.00
Officer
$127,466 $0 $127,466
Sophia Alexander Budget Manager 30.00
$18,748 $0 $18,748
Juliana Rosas Program Manager 30.00
$20,393 $0 $20,393
Keya Allen Board President 3.00
Director
$500 $0 $500
Dr Euvonka Farabee Board Vice President 3.00
Director
$0 $0 $0
Pamela Lewis Board Secretary 2.00
Director
$0 $0 $0
David A London Board Treasurer 2.00
Director
$0 $0 $0
Darick J Simpson Board Member 1.00
Director
$0 $0 $0
Dr Michelle Yanez Board Member 1.00
Director
$0 $0 $0
Erick Briggs Board Member 1.00
Director
$0 $0 $0
Dr Janeth Manjarrez Board Member 1.00
Director
$0 $0 $0
Robert Claudio Board Member 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 $231,539 $232,547 $44,321 $-1,008
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