The Corporation for Manufacturing Excellence dba Manex

EIN: 943228410 501(c)(3) Public & Societal Benefit

San Ramon, CA

Total Revenue
$2,614,436
Total Expenses
$2,604,761
Total Assets
$2,023,420
Net Assets
$1,396,906
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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
1995
Legal Domicile
CA
Principal Officer
Gene Russell
Phone
9258075100
Tax Period
2023-10-01 to 2024-09-30

The Corporation for Manufacturing Excellence dba Manex, founded in 1995, is a community nonprofit in the Public & Societal Benefit sector that reported $2.6M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

To promote the creation of jobs and the expansion of the tax base through the Northern 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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,282,682
Program Service Revenue $1,314,740
Investment Income $11,677
Other Revenue $5,337
TOTAL REVENUE $2,614,436

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,354,227
Fundraising Expenses $32,649
Program Expenses $2,468,497
Other Expenses $1,250,534
TOTAL EXPENSES $2,604,761

Year-over-Year Comparison

2023 2022 Change
Revenue $2,614,436 $2,825,660 -0.1%
Expenses $2,604,761 $2,752,784 -0.1%
Net Income $9,675 $72,876 -0.9%
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

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Governance

Voting Members
12
Independent Members
11
Employees
6
Volunteers
11

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
2
$361,589
Total Directors
12
$313,843
Key Employees
0
$0
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen Tessler Chairman 1.00
Director
$0 $0 $0
Bruce Kern Vice Chairman 1.00
Director
$0 $0 $0
Mark Martin Secretary/Treasurer 1.00
Director
$0 $0 $0
Juliana Choy Sommer Board Member 1.00
Director
$0 $0 $0
Bassam El-Fahmawi Board Member 1.00
Director
$0 $0 $0
R Hale Foote Board Member 1.00
Director
$0 $0 $0
Kay Gonzales Board Member 1.00
Director
$0 $0 $0
George Lotti Board Member 1.00
Director
$0 $0 $0
Mark D Petri Board Member 1.00
Director
$0 $0 $0
PJ Quesada Board Member 1.00
Director
$0 $0 $0
Alec Tulkoff Board Member 1.00
Director
$0 $0 $0
Gene Russell President & CEO 45.00
Officer Director
$266,110 $47,733 $313,843
Medo Nasry Controller 40.00
Officer
$41,004 $6,742 $47,746
George Chao Director of Strategic Partnerships 40.00
Highest
$202,923 $26,086 $229,009
Michael Shabaka Director of Sales and Innovation Excellence 40.00
Highest
$195,911 $14,945 $210,856
Grace Steele Director of Client Services 40.00
Highest
$141,328 $29,726 $171,054
Judy Horgan Office Manager 40.00
Highest
$110,686 $27,122 $137,808
Izabella Kosinski Director of Finance- Until Sep 24 40.00
Highest
$116,435 $20,244 $136,679
Jacqueline Amick-Borella Project Manager 40.00
Highest
$108,922 $20,863 $129,785
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 $2,614,436 $2,604,761 $2,023,420 $9,675
2023 $2,825,660 $2,752,784 $2,144,683 $72,876
2022 $3,107,515 $2,954,021 $2,596,995 $153,494
2021 $2,802,835 $2,641,344 $2,191,918 $161,491
2020 $2,465,936 $2,480,736 $1,397,200 $-14,800
2019 $2,965,891 $2,918,008 $1,854,701 $47,883
2018 $2,315,921 $2,278,699 $1,565,398 $37,222
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