Woodwork Institute of California

EIN: 941212249

Sacramento, CA

Total Revenue
$1,865,632
Total Expenses
$1,746,325
Total Assets
$1,773,723
Net Assets
$1,590,073
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
CA
Phone
9163729943
Tax Period
2024-01-01 to 2024-12-31

Woodwork Institute of California, founded in 1951, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 6% surplus.

Mission

To promote to the architectural design community, its suppliers and contractors, the development and dissemination of information relative to uses, advantages and utility of millwork products. To provide the leading standards and quality control programs for the architectural millwork industry through our manual of millwork, certified compliance, and monitored compliance program. To be the premier, industry-driven, equal opportunity, nonprofit trade association resource provider for our membership.

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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 $278,489
Program Service Revenue $1,524,023
Investment Income $63,120
Other Revenue $0
TOTAL REVENUE $1,865,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,117,307
Fundraising Expenses $0
Program Expenses $720,039
Other Expenses $585,270
TOTAL EXPENSES $1,746,325

Year-over-Year Comparison

2024 2023 Change
Revenue $1,865,632 $1,822,000 +0.0%
Expenses $1,746,325 $1,787,076 0.0%
Net Income $119,307 $34,924 +2.4%
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
11
Independent Members
11
Employees
11
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
0
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Clare Smith CEO 40.00
$91,877 $0 $91,877
Bill Fenstermacher Director 1.00
Director
$0 $0 $0
Dylan Bertino Director 1.00
Director
$0 $0 $0
Jed Richard Director 1.00
Director
$0 $0 $0
Jay Hyde Director 1.00
Director
$0 $0 $0
Don Lorey Director 1.00
Director
$0 $0 $0
Bruce Humphrey Treasurer 1.00
Director
$0 $0 $0
Jason Matter Director 1.00
Director
$0 $0 $0
Mike Polanchyck Director 1.00
Director
$0 $0 $0
Ray Cerulli Director 1.00
Director
$0 $0 $0
Wally Schiek Director 1.00
Director
$0 $0 $0
Tim Stolo 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
2024 $1,865,632 $1,746,325 $1,773,723 $119,307
2023 $1,822,000 $1,787,076 $1,678,709 $34,924
2021 $1,924,062 $1,568,932 $1,605,865 $355,130
2020 $1,851,195 $1,395,751 $1,320,833 $455,444
2019 $1,757,479 $1,474,387 $833,517 $283,092
2018 $1,552,832 $1,507,569 $548,129 $45,263
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