CALIDAD INDUSTRIES INC (EIN 943101119) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

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

TO PROVIDE JOB AND LIFE SKILLS TRAINING TO PERSONS LIVING WITH PHYSICAL AND MENTAL IMPAIRMENTS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$200,000

Total Directors

$200,000

Key Employees

Highest Compensated

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

CALIDAD INDUSTRIES INC