CABRILLO ECONOMIC DEVELOPMENT CORPORATION (EIN 953681521) - 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

1981

Legal Domicile

Principal Officer

VICTORIA BRADY

Phone

8056593791

Tax Period

2024-01-01 to 2024-12-31

CABRILLO ECONOMIC DEVELOPMENT CORPORATION, founded in 1981, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2024. Expenses of $3.9M left a modest 14% surplus.

Mission

THE ORGANIZATION'S EXEMPT PURPOSE IS TO DEVELOP, MANAGE AND PROVIDE SERVICE-ENRICHED, INCLUSIVE RESIDENTIAL COMMUNITIES, ENSURING ACCESS TO AFFORDABLE, SECURE, QUALITY HOUSING THAT CREATES THE FOUNDATION FOR OUR RESIDENTS TO GROW AND THRIVE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $992,169

Program Service Revenue $3,243,229

Investment Income $243,566

Other Revenue $0

TOTAL REVENUE $4,478,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,870,396

Fundraising Expenses $147,634

Program Expenses $2,610,633

Other Expenses $1,987,271

TOTAL EXPENSES $3,857,667

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,478,964	$4,203,148	+0.1%
Expenses	$3,857,667	$3,921,523	0.0%
Net Income	$621,297	$281,625	+1.2%

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

158

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

$340,542

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AIZA GALDO	PRESIDENT	5.00	Officer Director	$0	$0	$0
ALFREDO MARTINEZ	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
VICTOR RODRIGUEZ	SECRETARY	5.00	Officer Director	$0	$0	$0
JESSICA COOK	TREASURER	5.00	Officer Director	$0	$0	$0
ADA R CORDERO-SACKS ESQ	BOARD MEMBER	2.00	Director	$0	$0	$0
NAOMI ONTIVEROS	BOARD MEMBER	2.00	Director	$0	$0	$0
MARIA PEREZ	BOARD MEMBER	2.00	Director	$0	$0	$0
MAYRA RAMIREZ	BOARD MEMBER	2.00	Director	$0	$0	$0
STACY SWANSON	BOARD MEMBER	2.00	Director	$0	$0	$0
LOUIE VALENZUELA	BOARD MEMBER	2.00	Director	$0	$0	$0
VICTORIA BRADY	CFO	50.00	Key Emp	$179,785	$0	$179,785
DERRICK WADA	DIR. OF REAL ESTATE DEVELOPMENT	50.00	Key Emp	$160,757	$0	$160,757
MARGARITA DE ESCONTRIAS	CEO	50.00	Highest	$215,065	$0	$215,065

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	$4,478,964	$3,857,667	$79,587,343	$621,297
2023	$4,203,148	$3,921,523	$65,657,668	$281,625
2022	$3,242,032	$3,275,962	$58,348,800	$-33,930
2021	$4,254,195	$3,352,216	$56,500,393	$901,979
2020	$2,552,869	$3,641,525	$56,001,944	$-1,088,656
2019	$4,658,020	$4,095,537	$57,806,052	$562,483
2018	$3,890,644	$3,452,151	$56,412,677	$438,493

CABRILLO ECONOMIC DEVELOPMENT CORPORATION