CALIDAD INDUSTRIES INC

EIN: 943101119 501(c)(3) Employment

ALAMEDA, CA

Total Revenue
$7,652,896
Total Expenses
$6,939,531
Total Assets
$4,224,747
Net Assets
$3,506,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
CA
Principal Officer
MAT HOFFMAN
Phone
5106066073
Tax Period
2023-01-01 to 2023-12-31

CALIDAD INDUSTRIES INC, founded in 1989, is a community nonprofit in the Employment sector that reported $7.7M in total revenue in fiscal year 2023. Expenses of $6.9M left a modest 9% surplus.

Mission

CALIDAD PROVIDES PAID ON-THE-JOB SKILLS TRAINING AND JOB PLACEMENT SERVICES TO PERSONS WITH SEVERE AND LONG-TERM DISABILITIES.

Program Service Accomplishments

Program 1
Expenses: $6,642,125 Revenue: $7,628,789

CALIDAD WAS FORMED IN 1989 TO PROVIDE EMPLOYMENT AND LIFE SKILLS TRAINING TO PERSONS LIVING WITH MEDICALLY-CERTIFIED PHYSICAL, MENTAL OR PSYCHOLOGICAL IMPAIRMENTS. CALIDAD FOCUSES ON PROVIDING ITS...

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CALIDAD WAS FORMED IN 1989 TO PROVIDE EMPLOYMENT AND LIFE SKILLS TRAINING TO PERSONS LIVING WITH MEDICALLY-CERTIFIED PHYSICAL, MENTAL OR PSYCHOLOGICAL IMPAIRMENTS. CALIDAD FOCUSES ON PROVIDING ITS EMPLOYEES LIVING WITH SEVERE AND LONG-TERM DISABILITIES WITH PAID ON-THE-JOB SKILLS TRAINING AND STABLE EMPLOYMENT. ADDITIONALLY, CALIDAD PROVIDES LIFE SKILLS TRAINING SPECIFICALLY DEVELOPED TO ENCOURAGE PERSONAL AND VOCATIONAL GROWTH AND OFFERS ACCESS TO ALL OF GOODWILL'S WORKFORCE DEVELOPMENT SERVICES AND COMPUTER LITERACY TRAINING TO HELP PARTICIPANTS SECURE AND RETAIN COMPETITIVE EMPLOYMENT. CALIDAD HAS BEEN PARTICIPATING IN THE UNITED STATES GOVERNMENT CONTRACTS AS SET ASIDE UNDER THE JAVITS-WAGNER-O'DAY (JWOD) ACT. PARTICIPATING CONTRACTS ARE PART OF THE ABILITYONE PROGRAM AS IMPLEMENTED BY SOURCEAMERICA. CALIDAD'S EMPLOYEES WITH LITTLE OR NO WORK EXPERIENCE PRIOR TO THEIR INVOLVEMENT WITH CALIDAD PERFORM 75% OF ALL DIRECT LABOR USED TO DELIVER CONTRACT SERVICES. CONTRACT SERVICES RANGE FROM CUSTODIAL AND FOOD SERVICES TO ADMINISTRATIVE SUPPORT, WAREHOUSING, FACILITIES MAINTENANCE, AND MAIL ROOM OPERATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $7,628,789
Investment Income $24,107
Other Revenue $0
TOTAL REVENUE $7,652,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,123,122
Fundraising Expenses $0
Program Expenses $6,642,125
Other Expenses $1,816,409
TOTAL EXPENSES $6,939,531

Year-over-Year Comparison

2023 2022 Change
Revenue $7,652,896 $7,916,335 0.0%
Expenses $6,939,531 $7,041,515 0.0%
Net Income $713,365 $874,820 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
8
Employees
95
Volunteers
8

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
3
$200,000
Total Directors
9
$200,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAT HOFFMAN CEO 40.00
Officer Director
$200,000 $0 $200,000
MO MAGUID VP OF OPERATIONS 40.00
Highest
$129,423 $0 $129,423
JOHN BRENNAN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
BARBARA PRICE SECRETARY 1.00
Officer Director
$0 $0 $0
MITTIE GRIGSBY BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
BILL PELTER BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE PIEROTTI BOARD MEMBER 1.00
Director
$0 $0 $0
BILL ROWLAND BOARD MEMBER 1.00
Director
$0 $0 $0
ABRA YEH BOARD 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 $7,652,896 $6,939,531 $4,224,747 $713,365
2022 $7,916,335 $7,041,515 $4,254,467 $874,820
2021 $6,359,650 $5,084,146 $2,676,954 $1,275,504
2020 $6,509,834 $4,960,085 $4,323,144 $1,549,749
2019 $5,935,119 $6,330,122 $2,619,011 $-395,003
2018 $6,032,103 $5,488,310 $3,160,492 $543,793
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