CALIFORNIA ASSOCIATION FOR MEDICAL LABORATORY TECHNOLOGY

EIN: 941145657

VISTA, CA

Total Revenue
$133,189
Total Expenses
$171,647
Total Assets
$127,890
Net Assets
$121,463
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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
1939
Legal Domicile
CA
Principal Officer
VALERIE TRENEV
Phone
5107924441
Tax Period
2019-12-01 to 2020-11-30

CALIFORNIA ASSOCIATION FOR MEDICAL LABORATORY TECHNOLOGY, founded in 1939, is a small nonprofit that reported $133K in total revenue in fiscal year 2019. Revenue decreased 10% compared to the prior year. Expenses of $172K exceeded revenue, resulting in a 29% operating deficit.

Mission

CALIFORNIA ASSOCIATION FOR MEDICAL LABORATORY TECHNOLOGY (CAMLT) ENHANCES CLINICAL LABORATORY PROFESSIONS THROUGH PUBLIC POLICY ADVOCACY, EDUCATION, AND MEMBER SERVICES.

Program Service Accomplishments

Program 1
Expenses: $22,672 Revenue: $19,021

CONFERENCES, CONVENTIONS & MEETINGS AVAILABLE FOR ALL MEMBERS TO ATTEND INCLUDING THE ANNUAL BUSINESS MEETING AND OFFICERS' ELECTION, EDUCATION AND SEMINAR EXPENSES.

Program 2
Expenses: $36,865 Revenue: $24,204

LEGISLATIVE AND REGULATORY ACTIVITIES ON BEHALF OF THE LABORATORY PROFESSION. CAMLT SUPPORTS LAWS AND REGULATIONS THAT ASSURE QUALITY LABORATORY HEALTH CARE FOR CALIFORNIA'S PETIENT POPULATION AND...

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LEGISLATIVE AND REGULATORY ACTIVITIES ON BEHALF OF THE LABORATORY PROFESSION. CAMLT SUPPORTS LAWS AND REGULATIONS THAT ASSURE QUALITY LABORATORY HEALTH CARE FOR CALIFORNIA'S PETIENT POPULATION AND BELIEVES THAT PROPER TRAINING STANDARDS COMBINED WITH CONTINUING EDUCATION IS NEEDED TO MAINTAIN THE PROFESSIONALISM OF THE LABORATORY WORKFORCE.

Program 3
Expenses: $5,196 Revenue: $17,797

NEWSLINE IS AN UP-TO-DATE PUBLICATION PREPARED FOR THE LABORATORY COMMUNITY TO DISCUSS THE RAPIDLY CHANGING FIELD WITH INFORMATION ON NEW PRODUCTS AND SERVICES, ORGANIZATIONAL ACTIVITES AND SEMINARS...

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NEWSLINE IS AN UP-TO-DATE PUBLICATION PREPARED FOR THE LABORATORY COMMUNITY TO DISCUSS THE RAPIDLY CHANGING FIELD WITH INFORMATION ON NEW PRODUCTS AND SERVICES, ORGANIZATIONAL ACTIVITES AND SEMINARS, LEGISLATIVE UPDATES, AND JOB OPPORTUNITIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $69,946
Program Service Revenue $61,022
Investment Income $2,221
Other Revenue $0
TOTAL REVENUE $133,189

Expense Breakdown

Grants Paid $0
Salaries & Benefits $62,784
Fundraising Expenses $0
Program Expenses $64,733
Other Expenses $108,863
TOTAL EXPENSES $171,647

Year-over-Year Comparison

2019 2018 Change
Revenue $133,189 $148,530 -0.1%
Expenses $171,647 $239,452 -0.3%
Net Income $-38,458 $-90,922 -0.6%
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
8
Independent Members
8
Employees
2
Volunteers
1

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
9
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC BERNALDEZ DISTRICT IV N/A
Officer Director
$0 $0 $0
HEATHER BREWER TREASURER N/A
Officer Director
$0 $0 $0
A MARK BRIONES DISTRICT III N/A
Officer Director
$0 $0 $0
ADAM CAUGHEY DISTRICT I C N/A
Officer Director
$0 $0 $0
ILENE DICKMAN PAST-PRESIDE N/A
Officer Director
$0 $0 $0
CHING YI MA SECRETARY N/A
Officer Director
$0 $0 $0
DEBBIE REVIER DISTRICT V C N/A
Officer Director
$0 $0 $0
VALERIE TRENEV PRESIDENT N/A
Officer Director
$0 $0 $0
CAROL WONG DISTRICT II N/A
Officer 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
2020 $133,189 $171,647 $127,890 $-38,458
2019 $148,530 $239,452 $168,630 $-90,922
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