Carlsbad Rotary Foundation (EIN 953489812) - 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

1979

Legal Domicile

Principal Officer

Bruce Bandemer

Phone

7604341522

Tax Period

2023-01-01 to 2023-12-31

Carlsbad Rotary Foundation, founded in 1979, is a micro nonprofit that reported $71K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Net assets of $597K represent 101 months of operating reserves.

Mission

For the advancement of educational, general community service, and other charitable purposes within the City of Carlsbad, CA, and by the distribution of the funds for such purposes, and particularly for the creation and awarding of educational scholarships and loans and creation and awarding of grants to be applied for the betterment of the community of the city of Carlsbad, CA.

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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 $45,311

Program Service Revenue $0

Investment Income $25,482

Other Revenue $0

TOTAL REVENUE $70,793

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $68,296

Other Expenses $69,833

TOTAL EXPENSES $69,833

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,793	$56,823	+0.2%
Expenses	$69,833	$25,670	+1.7%
Net Income	$960	$31,153	-1.0%

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

N/A

Employees

N/A

Volunteers

N/A

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	Role	Reportable Comp	Other Comp	Total
David Saviage	Director	Director	$0	$0	$0
Ava Payne	Director	Director	$0	$0	$0
Craig Lindholm	Treasurer	Director	$0	$0	$0
Griff Lewis	Secretary	Director	$0	$0	$0
Ray Pearson	Director	Director	$0	$0	$0
Dawn Van Siclen	Director	Director	$0	$0	$0
Bruce Bandemer	President	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$70,793	$69,833	$596,537	$960
2022	$56,823	$25,670	$528,729	$31,153
2021	$74,257	$37,264	$618,084	$36,993
2020	$62,806	$52,041	$544,461	$10,765

Carlsbad Rotary Foundation