SER-Jobs for Progress Inc San Joaq… - Form 990 Financial Data

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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

1973

Legal Domicile

Principal Officer

Rebecca Mendibles

Phone

5594520881

Tax Period

2024-07-01 to 2025-06-30

SER-Jobs for Progress Inc San Joaquin Valley, founded in 1973, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $12.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

To provide education, training, job placement and low income housing to the citizens of the State of California.

Program Service Accomplishments

Program 1

Expenses: $9,785,497 Revenue: $10,385,318

Provided job training and found job placements for older workers. In addition, provided housing to low income and retired farmworker families and education to dislocated students.

Program 2

Expenses: $952,432 Revenue: $952,432

Provided high school equivalency education to help students graduate.

Program 3

Expenses: $913,240 Revenue: $1,071,242

Provided low income housing to the residents of California.

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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 (2024)

Revenue Breakdown

Contributions & Grants $10,754,100

Program Service Revenue $1,535,845

Investment Income $8,128

Other Revenue $14,266

TOTAL REVENUE $12,312,339

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,246,044

Fundraising Expenses $0

Program Expenses $11,651,169

Other Expenses $1,932,249

TOTAL EXPENSES $13,178,293

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,312,339	$14,141,029	-0.1%
Expenses	$13,178,293	$14,826,037	-0.1%
Net Income	$-865,954	$-685,008	+0.3%

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

Employees

552

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

$159,783

Total Directors

$7,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jesus Pardon	President & CEO	35.00	Officer	$0	$0	$156,183
Esteban Gonzales	Vice President	38.00		$0	$0	$124,749
Rebecca Mendibles	Chair	1.00	Officer Director	$800	$0	$1,200
Vincent Silva	Vice Chair	1.00	Officer Director	$800	$0	$1,200
Conrad Mendoza	Director	1.00	Director	$800	$0	$1,200
Louis Revonato	Director	1.00	Director	$800	$0	$1,200
Mark Anthony Lozada	Sec/ Treasurer	1.00	Officer Director	$800	$0	$1,200
Ofelia Gamez	Director	1.00	Director	$600	$0	$800
Steve Navarro	Director	1.00	Director	$400	$0	$600

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	$12,312,339	$13,178,293	$7,048,990	$-865,954
2024	No data	No data	No data	No data
2023	$7,922,069	$7,915,231	$7,108,889	$6,838
2022	$6,034,256	$6,220,146	$6,675,358	$-185,890
2021	$5,926,828	$5,581,190	$9,170,032	$345,638
2020	$7,400,641	$7,103,149	$18,490,836	$297,492
2019	$6,587,355	$6,145,804	$18,262,490	$441,551
2018	$5,748,799	$5,561,848	$16,906,310	$186,951

SER-Jobs for Progress Inc San Joaquin Valley