CALIFORNIA EDUCATION ASSISTANCE INC (EIN 953705585) - 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

1987

Legal Domicile

Principal Officer

Charles Bull

Phone

3102428814

Tax Period

2024-07-01 to 2025-06-30

CALIFORNIA EDUCATION ASSISTANCE INC, founded in 1987, is a community nonprofit in the Public & Societal Benefit sector that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 3% surplus.

Mission

Provide grants to tax exempt organizations that provide education-related outreach services, counseling of students, and student resources to assist individuals in pursuing an education.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,668,223

Other Revenue $0

TOTAL REVENUE $1,668,223

Expense Breakdown

Grants Paid $368,690

Salaries & Benefits $857,125

Fundraising Expenses $0

Program Expenses $1,336,777

Other Expenses $390,451

TOTAL EXPENSES $1,616,266

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,668,223	$1,420,060	+0.2%
Expenses	$1,616,266	$3,318,910	-0.5%
Net Income	$51,957	$-1,898,850	-1.0%

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

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

$827,627

Total Directors

$412,028

Key Employees

$213,358

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William R Hansen	Chief Administrative Officer	40	Officer	$406,559	$69,040	$475,599
William Markenson	CEO, Board Chairman	20	Officer Director	$293,082	$38,946	$332,028
Sheryl Levy	Program Director and Office Manager	40	Key Emp	$184,107	$29,251	$213,358
Janet Murillo	Director/Secretary	5	Officer Director	$20,000	$0	$20,000
Paul Fromer	Director	5	Director	$20,000	$0	$20,000
Laura Johnson	Director	5	Director	$20,000	$0	$20,000
Donald Sternberg	Director	5	Director	$20,000	$0	$20,000

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	$1,668,223	$1,616,266	$36,218,063	$51,957
2024	$1,420,060	$3,318,910	$34,153,565	$-1,898,850
2023	$-40,518,536	$1,434,365	$25,547,209	$-41,952,901
2022	$5,955,718	$3,035,832	$61,569,609	$2,919,886
2021	$11,096,332	$12,303,960	$475,895,632	$-1,207,628

CALIFORNIA EDUCATION ASSISTANCE INC