CORCORAN COMMUNITY FOUNDATION (EIN 941608857) - 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

1965

Legal Domicile

Principal Officer

MARY WADSWORTH

Phone

5599722725

Tax Period

2023-01-01 to 2023-12-31

CORCORAN COMMUNITY FOUNDATION, founded in 1965, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $672K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $6.0M represent 107 months of operating reserves.

Mission

FUNDING FOR COMMUNITY ORGANIZATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $560,442

Program Service Revenue $0

Investment Income $111,322

Other Revenue $0

TOTAL REVENUE $671,764

Expense Breakdown

Grants Paid $436,110

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $436,110

Other Expenses $240,519

TOTAL EXPENSES $676,629

Year-over-Year Comparison

	2023	2022	Change
Revenue	$671,764	$582,417	+0.2%
Expenses	$676,629	$547,866	+0.2%
Net Income	$-4,865	$34,551	-1.1%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
KIRK GILKEY	Trustee	Director	$0	$0	$0
TERRY KWAST	Trustee	Director	$0	$0	$0
TINA BOTILL	Trustee	Director	$0	$0	$0
DAN BOSWELL	Trustee	Director	$0	$0	$0
DENNIS TRISTAO	Trustee	Director	$0	$0	$0
RICK BURNIAS	Trustee	Director	$0	$0	$0
CARLO WILCOX	Trustee	Director	$0	$0	$0
PHILLIP HANSEN	Trustee	Director	$0	$0	$0
VICTOR GAMEZ	TRUSTEE	Director	$0	$0	$0
SARAH HOWARD	Trustee	Director	$0	$0	$0
JOE FAULKNER	Trustee	Director	$0	$0	$0
ROCHELLE VAN VELSON	Trustee	Director	$0	$0	$0
JIM RAZOR	Vice President	Officer	$0	$0	$0
DEBBIE BELLO	Treasurer	Officer	$0	$0	$0
MICHAEL SEMAS	ASST Treasurer	Officer	$0	$0	$0
MARY WADSWORTH	President	Officer	$0	$0	$0
JILLIAN BELLO	Secretary	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	No data	No data	No data	No data
2023	$671,764	$676,629	$6,000,453	$-4,865
2022	$582,417	$547,866	$6,003,082	$34,551
2021	$411,646	$348,647	$5,966,788	$62,999
2020	$509,469	$242,681	$5,907,611	$266,788
2019	$446,801	$513,078	$5,641,231	$-66,277
2018	$617,903	$518,599	$5,711,030	$99,304

CORCORAN COMMUNITY FOUNDATION