Southern California Minority Supplier Development Council Inc (EIN 953244344) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

Virginia Gomez

Phone

2136866960

Tax Period

2023-01-01 to 2023-12-31

Southern California Minority Supplier Development Council Inc, founded in 1978, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $343K, a strong 15% operating margin.

Mission

Southern California Minority Supplier Development Council's (SCMSDC) mission is to advance the economic development and business opportunities of diverse suppliers.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,039,594

Program Service Revenue $1,173,111

Investment Income $47,776

Other Revenue $15,574

TOTAL REVENUE $2,276,055

Expense Breakdown

Grants Paid $0

Salaries & Benefits $870,977

Fundraising Expenses $622,547

Program Expenses $961,410

Other Expenses $1,062,042

TOTAL EXPENSES $1,933,019

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,276,055	$1,998,278	+0.1%
Expenses	$1,933,019	$1,719,933	+0.1%
Net Income	$343,036	$278,345	+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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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

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

$172,233

Total Directors

$172,233

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Virginia Gomez	President/CEO	60.00	Officer Director	$162,065	$10,168	$172,233
Joe Chow	Board Chair	2.00	Officer Director	$0	$0	$0
Vicky Harper-Hall	Vice-Chair	2.00	Officer Director	$0	$0	$0
Michael Cooper	Treasurer	2.00	Officer Director	$0	$0	$0
Jinus Moghbeli	Secretary	2.00	Officer Director	$0	$0	$0
Luis Armona	Director	2.00	Director	$0	$0	$0
Joe Blackstone	Director	2.00	Director	$0	$0	$0
Bob Carlson	Director	2.00	Director	$0	$0	$0
Chamberlain Duru	Director	2.00	Director	$0	$0	$0
Oscar Orozco	Director	2.00	Director	$0	$0	$0
Anita Ron	MBEIC Chair	2.00	Director	$0	$0	$0
Darretta Whitfield	Director	2.00	Director	$0	$0	$0
Richard Hazel	VP of Operations	60.00	Highest	$114,673	$14,099	$128,772
Marlene Nantell	VP of External Affairs	60.00	Highest	$131,092	$15,143	$146,235

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	$2,276,055	$1,933,019	$4,111,484	$343,036
2022	$1,998,278	$1,719,933	$3,634,127	$278,345
2021	$1,758,498	$1,475,027	$3,656,238	$283,471
2020	$1,632,532	$1,289,914	$3,096,288	$342,618
2019	$1,539,973	$1,612,544	$2,520,645	$-72,571
2018	$1,184,019	$1,151,371	$2,338,767	$32,648

Southern California Minority Supplier Development Council Inc