Southern California Biomedical Council (EIN 954555008) - 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

1995

Legal Domicile

Principal Officer

WALID SABBAGH

Phone

8004187079

Tax Period

2024-01-01 to 2024-12-31

Southern California Biomedical Council, founded in 1995, is a small nonprofit that reported $655K in total revenue in fiscal year 2024. The organization ran a surplus of $332K, a strong 51% operating margin.

Mission

PROMOTED DEVELOPMENT OF BIOMEDICAL INDUSTRY BY ENCOURAGING NETWORKING AND COMMUNICATION WITHIN INDUSTRY

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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 $106,272

Program Service Revenue $209,475

Investment Income $0

Other Revenue $339,433

TOTAL REVENUE $655,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,647

Fundraising Expenses $0

Program Expenses $70,707

Other Expenses $116,776

TOTAL EXPENSES $323,423

Year-over-Year Comparison

	2024	2023	Change
Revenue	$655,180	$650,616	+0.0%
Expenses	$323,423	$317,271	+0.0%
Net Income	$331,757	$333,345	0.0%

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

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

$80,609

Total Directors

$80,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALID SABBAGHNOP	President & CEO	40.00	Officer Director	$80,609	$0	$80,609
ROBERT GREENBERG	Chairman	3.00	Officer Director	$0	$0	$0
MICHAEL J WISE	Secretary	3.00	Officer Director	$0	$0	$0
GEORGE AYOUB	Trustee	1.00	Director	$0	$0	$0
BUD BISHOP	Trustee	1.00	Director	$0	$0	$0
JOSEPH BOYSTAK	Trustee	1.00	Director	$0	$0	$0
GORAN MATIJASEVIC	Trustee	1.00	Director	$0	$0	$0
JENNIFER NEFF	Trustee	1.00	Director	$0	$0	$0
BILL PRATT	Trustee	1.00	Director	$0	$0	$0
AYMAN SALEM	Trustee	1.00	Director	$0	$0	$0
CHARLES MCWILLIAMS	Trustee	1.00	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
2024	$655,180	$323,423	$48,261	$331,757
2023	$650,616	$317,271	$74,425	$333,345
2022	$588,677	$317,992	$55,183	$270,685
2021	$672,135	$445,216	$240,829	$226,919
2020	$535,878	$397,558	$209,168	$138,320
2019	$762,239	$482,829	$254,106	$279,410
2018	$711,655	$514,178	$163,103	$197,477

Southern California Biomedical Council