Counseling & Research Associates Inc dba Masada Homes

EIN: 952479348 501(c)(3) Human Services

Gardena, CA

Total Revenue
$19,042,393
Total Expenses
$19,510,580
Total Assets
$7,323,770
Net Assets
$-1,795,165
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
CA
Principal Officer
James Wind
Phone
3107152020
Tax Period
2022-07-01 to 2023-06-30

Counseling & Research Associates Inc dba Masada Homes, founded in 1966, is a mid-sized nonprofit in the Human Services sector that reported $19.0M in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Masada is a non-profit public benefit corporation established in March 1966, to provide quality mental health and social services to individuals and families so that they may achieve their goals and enhance the quality of their lives.

Program Service Accomplishments

Program 1
Expenses: $13,262,218

The Mental Health Program provides non-residential treatment including education, recreation, and counseling services to minors living in their own home setting. Services include, but are not limited...

Read more

The Mental Health Program provides non-residential treatment including education, recreation, and counseling services to minors living in their own home setting. Services include, but are not limited to assessment, evaluation, plan development, therapy, collateral, and rehabilitation. The main emphasis is on the restoration of personal growth and development. Masada has a contract with the Los Angeles County Department of Mental Health. During the year, 2,100 clients were served.

Program 2
Expenses: $4,485,202

The Wraparound Program is an alternative to out of home placement. Children are provided a variety of services by a multidisciplinary team with the goal of maintaining family structure while...

Read more

The Wraparound Program is an alternative to out of home placement. Children are provided a variety of services by a multidisciplinary team with the goal of maintaining family structure while providing a safe and secure environment in the home. This program is dually funded by the Department of Mental Health and Department of Children and Family Services. In the year ended 6/30/23, 22,150 hours of care were provided to 150 clients.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $19,040,338
Program Service Revenue $0
Investment Income $2,985
Other Revenue $-930
TOTAL REVENUE $19,042,393

Expense Breakdown

Grants Paid $1,064,946
Salaries & Benefits $14,504,971
Fundraising Expenses $0
Program Expenses $17,747,420
Other Expenses $3,940,663
TOTAL EXPENSES $19,510,580

Year-over-Year Comparison

2022 2021 Change
Revenue $19,042,393 $16,770,692 +0.1%
Expenses $19,510,580 $17,840,255 +0.1%
Net Income $-468,187 $-1,069,563 -0.6%
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

Sign In

Governance

Voting Members
11
Independent Members
5
Employees
209
Volunteers
10

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
8
$357,859
Total Directors
16
$210,314
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
George K Igi Chairman/Board Member (trans 8/22) 2.00
Officer Director
$0 $0 $0
Sharon Igi V.C./Bd. Mbr.(trans 10/22)(end 1/23) 2.00
Officer Director
$0 $0 $0
Charles Elias Secretary/Attorney (end 1/23) 40.00
Officer Director
$1,500 $0 $1,500
Maribel Matinez Board Member (start 3/23) 2.00
Director
$0 $0 $0
Sherri Matsuda Board Member (start 3/23) 2.00
Director
$0 $0 $0
Marilyn Noriega Board Member 2.00
Director
$1,800 $0 $1,800
Katie Pandolfo Board Member (start 3/23) 2.00
Director
$0 $0 $0
William Paulsen Board Member/Chair (trans 8/22) 2.00
Officer Director
$1,500 $0 $1,500
Jessica Polk Board Member (start 2/23) 2.00
Director
$0 $0 $0
Justin Stallings Board Member 2.00
Director
$1,800 $0 $1,800
Tracie Washington Board Member (end 3/23) 2.00
Director
$1,800 $0 $1,800
Willard Yamaguchi Board Member (start 2/23) 2.00
Director
$0 $0 $0
Ezra Yeung Board Member (end 1/23) 2.00
Director
$1,500 $0 $1,500
Bernard Smith E.D./CAO (trans 12/22)(end 5/23) 40.00
Officer Director
$187,911 $12,503 $200,414
John Hatakeyama Board Member/Interim CEO(start 1/23) 10.00
Officer Director
$0 $0 $0
James Wind Board Member/Interim CEO(start 1/23) 10.00
Officer Director
$0 $0 $0
Steven Schultz CFO 40.00
Officer
$135,989 $18,456 $154,445
Kelly Ann Asato Chief Operating Officer 40.00
Highest
$174,362 $8,674 $183,036
Patricia Tindbaek Executive Administrator 40.00
Highest
$139,812 $16,520 $156,332
Makiko Hoichi Regional Director 40.00
Highest
$127,699 $5,762 $133,461
Khai Nguyen Director of Admin. Service 40.00
Highest
$109,109 $5,765 $114,874
Tiffany Flood Division Director 40.00
Highest
$136,546 $17,578 $154,124
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 No data No data No data No data
2024 No data No data No data No data
2023 $19,042,393 $19,510,580 $7,323,770 $-468,187
2022 $16,770,692 $17,840,255 $4,083,367 $-1,069,563
2021 $18,110,140 $18,134,334 $5,856,007 $-24,194
2020 $19,660,484 $19,700,609 $3,260,285 $-40,125
2019 $19,602,631 $19,599,675 $4,646,864 $2,956
2018 $15,922,266 $16,401,375 $5,819,254 $-479,109
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Counseling & Research Associates Inc dba Masada Homes with other nonprofits in California and across the country.