Arden Carmichael Inc

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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

2006

Legal Domicile

Phone

9165023162

Tax Period

2024-09-01 to 2025-08-31

Arden Carmichael Inc, founded in 2006, is a micro nonprofit that reported $28K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 25% operating margin.

Mission

Supporting Catholic school and Diocese programs

Program Service Accomplishments

Program 1

Expenses: $12,000

Scholarships

Program 2

Expenses: $3,919

Diocese of Sacramento, ID drive for children, Carmichael HARTArden Arcade HART, Get on the Bus

Program 3

Expenses: $3,000

Donation to Catholic Elementary Schools for education with school selecting students for scholarships to attend Catholic High Schools and to support parishes in religious work.

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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 $0

Program Service Revenue $0

Investment Income $10,754

Other Revenue $17,717

TOTAL REVENUE $28,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,919

Other Expenses $21,313

TOTAL EXPENSES $21,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,471	$21,469	+0.3%
Expenses	$21,313	$22,963	-0.1%
Net Income	$7,158	$-1,494	-5.8%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon Langer	Secretary	1.00	Officer	$0	$0	$0
Don Harmata	President	2.00	Officer	$0	$0	$0
Michael Langer	Vice President	1.00	Officer	$0	$0	$0
Steve Millner	Treasurer	1.00	Officer	$0	$0	$0
Michael Corcoran	Asst Treasurer	1.00	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
2025	$28,471	$21,313	$410,210	$7,158
2024	$21,469	$22,963	$384,584	$-1,494
2023	$24,860	$27,009	$344,531	$-2,149