MULTICULTURAL INSTITUTE

EIN: 911823468 501(c)(3) Human Services

Berkeley, CA

Total Revenue
$1,510,700
Total Expenses
$1,391,961
Total Assets
$1,543,770
Net Assets
$1,094,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
CA
Phone
5108497580
Tax Period
2024-07-01 to 2025-06-30

MULTICULTURAL INSTITUTE, founded in 1995, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.4M left a modest 8% surplus.

Mission

Our mission is to accompany immigrants in their transaction from poverty and isolation to workforce participation and prosperity. MI offers programs that benefits immigrants and low income families in the area of job placement, health screening and referral and vocational training to the youth and after school activities for the low income families.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,466,034
Program Service Revenue $19,754
Investment Income $3,115
Other Revenue $21,797
TOTAL REVENUE $1,510,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $823,360
Fundraising Expenses $0
Program Expenses $1,284,751
Other Expenses $568,601
TOTAL EXPENSES $1,391,961

Year-over-Year Comparison

2024 2023 Change
Revenue $1,510,700 $1,299,105 +0.2%
Expenses $1,391,961 $1,425,260 0.0%
Net Income $118,739 $-126,155 -1.9%
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
7
Independent Members
7
Employees
25
Volunteers
100

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
0
$0
Total Directors
8
$111,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Victoria Rodarte Chairman 1.00
Director
$0 $0 $0
Angelica Contreras Vice Chairperson 1.00
Director
$0 $0 $0
Christian De la Cruz Treasurer 1.00
Director
$0 $0 $0
Charlotte F Terkeurst Secretary 1.00
Director
$0 $0 $0
Dyana Delfin-Polk Board Member 1.00
Director
$0 $0 $0
Yvonne Armenta Board Member 1.00
Director
$0 $0 $0
Deborah Torres Board Member 1.00
Director
$0 $0 $0
Mirna Cervantes Executive Director 40.00
Director
$111,000 $0 $111,000
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
2025 $1,510,700 $1,391,961 $1,543,770 $118,739
2024 $1,299,105 $1,425,260 $1,422,800 $-126,155
2023 $1,236,574 $1,130,828 $1,595,870 $105,746
2022 $1,106,239 $1,073,190 $1,411,982 $33,049
2021 $1,022,088 $941,724 $1,381,932 $80,364
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