Faith In Action Bay Area (EIN 942716470) - 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

1997

Legal Domicile

Principal Officer

Carolina Parrales

Phone

6505929181

Tax Period

2023-01-01 to 2023-12-31

Faith In Action Bay Area, founded in 1997, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring.

Mission

Our mission is to develop community leaders who organize to change systems in order to create racial and economic equity in the Bay Area region.

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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 $1,548,996

Program Service Revenue $197,266

Investment Income $30,774

Other Revenue $10

TOTAL REVENUE $1,777,046

Expense Breakdown

Grants Paid $169,592

Salaries & Benefits $1,085,884

Fundraising Expenses $39,688

Program Expenses $1,354,553

Other Expenses $568,569

TOTAL EXPENSES $1,824,045

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,777,046	$2,395,040	-0.3%
Expenses	$1,824,045	$1,708,618	+0.1%
Net Income	$-46,999	$686,422	-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

Employees

Volunteers

500

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

$108,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lorena Melgarejo	Executive Dir.	40.00	Officer	$100,000	$8,000	$108,000
Brenda Cordoba	President	5.00	Director	$0	$0	$0
Giselle Alvarez	Treasurer	1.00	Director	$0	$0	$0
Leslie Roffman	Secretary	1.00	Director	$0	$0	$0
Maria Martinez	Member	1.00	Director	$0	$0	$0
Deisy Camey	Member	1.00	Director	$0	$0	$0
Trinidad Villagomez	Member	1.00	Director	$0	$0	$0
ELLEN HAGE	Member	1.00	Director	$0	$0	$0
Maria del Carmen Sanchez	Member	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	No data	No data	No data	No data
2023	$1,777,046	$1,824,045	$2,669,165	$-46,999
2022	$2,395,040	$1,708,618	$2,577,700	$686,422
2021	$1,663,216	$1,407,150	$2,160,565	$256,066
2020	$1,670,936	$1,158,985	$1,837,753	$511,951
2019	$1,248,976	$981,973	$1,137,012	$267,003
2018	$880,815	$925,290	$878,986	$-44,475

Faith In Action Bay Area