CALIFORNIA FURNITURE MFG ASSOC (EIN 951610412) - 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

1949

Legal Domicile

Principal Officer

Andrea Casillas

Phone

7145509955

Tax Period

2022-01-01 to 2022-12-31

CALIFORNIA FURNITURE MFG ASSOC, founded in 1949, is a micro nonprofit that reported $2K in total revenue in fiscal year 2022. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $117K exceeded revenue, resulting in a 7606% operating deficit.

Mission

THE EXEMPT PURPOSE OF THIS ORGANIZATION IS TO ACQUIRE AND DISSEMINATE TO THE FURNITURE MANUFACTURING INDUSTRY INFORMATION ABOUT SERVICES AND ISSUES REGARDING THE INDUSTRY. THIS INFORMATION IS DISBURSED BY MEANS OF NEWSLETTERS, PUBLICATIONS, MEETINGS, EVENTS AND WORKSHOPS. THE ASSOCIATION'S SERVICES BENEFIT THE ENTIRE MANUFACTURING INDUSTRY AS WELL AS ITS MEMBERS AND THE GENERAL PUBLIC.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $1,514

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,514

Expense Breakdown

Grants Paid $97,338

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $19,335

TOTAL EXPENSES $116,673

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,514	$18,154	-0.9%
Expenses	$116,673	$40,326	+1.9%
Net Income	$-115,159	$-22,172	+4.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASCAL BENYAMINI	Vice President	3.00	Officer Director	$0	$0	$0
CHRIS BURGESS	Treasurer	3.00	Officer Director	$0	$0	$0
RICHARD MASTERS	Director	3.00	Director	$0	$0	$0
Andrea Casillas	Executive Dir.	3.00	Director	$0	$0	$0
KURT HAINES	Director	3.00	Director	$0	$0	$0
RICHARD CAZARES	President	3.00	Officer Director	$0	$0	$0
SCOTT SANDBERG	Director	3.00	Director	$0	$0	$0
Burt Grimes	Past President	0.00		$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
2022	$1,514	$116,673	No data	$-115,159
2021	$18,154	$40,326	$115,159	$-22,172
2020	$31,583	$46,535	$137,331	$-14,952
2019	$42,581	$45,933	$161,249	$-3,352
2018	$52,176	$50,141	$164,601	$2,035

CALIFORNIA FURNITURE MFG ASSOC