SOUTHERN CALIFORNIA DISTRICT COUNCIL OF LABORERS MIKE QUEVEDO SR SCHOLARSHIP FUND (EIN 954715996) - 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

1999

Legal Domicile

Principal Officer

JON P PRECIADO

Phone

6263506900

Tax Period

2024-01-01 to 2024-12-31

SOUTHERN CALIFORNIA DISTRICT COUNCIL OF LABORERS MIKE QUEVEDO SR SCHOLARSHIP FUND, founded in 1999, is a small nonprofit in the Education sector that reported $908K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

PROVIDE SCHOLARSHIPS TO CHILDREN OF PARENTS OR GUARDIANS WHO ARE ACTIVE OR RETIRED MEMBERS OF AFFILIATED LOCAL UNIONS.

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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 $902,267

Program Service Revenue $0

Investment Income $5,521

Other Revenue $0

TOTAL REVENUE $907,788

Expense Breakdown

Grants Paid $676,712

Salaries & Benefits $0

Fundraising Expenses $217,163

Program Expenses $676,712

Other Expenses $222,573

TOTAL EXPENSES $899,285

Year-over-Year Comparison

	2024	2023	Change
Revenue	$907,788	$780,554	+0.2%
Expenses	$899,285	$889,709	+0.0%
Net Income	$8,503	$-109,155	-1.1%

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

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

$1,097,723

Total Directors

$1,097,723

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON P PRECIADO	CHAIRMAN/PRESIDENT	1.0	Officer Director	$0	$170,173	$624,931
PEDRO SANTILLAN	SECRETARY	1.0	Officer Director	$0	$135,972	$472,792
ERNIE J ORDONEZ	COMMITTEE MEMBER	1.0	Director	$0	$0	$0
BOB GLAZA	TREASURER	1.0	Officer Director	$0	$0	$0
joe cruz	COMMITTEE MEMBER	1.0	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	$907,788	$899,285	$473,251	$8,503
2023	$780,554	$889,709	$464,748	$-109,155
2022	$750,818	$781,768	$573,903	$-30,950
2021	$809,441	$489,641	$604,853	$319,800
2020	$294,258	$385,395	$285,053	$-91,137
2019	$534,385	$668,312	$376,190	$-133,927
2018	$509,442	$349,491	$510,117	$159,951

SOUTHERN CALIFORNIA DISTRICT COUNCIL OF LABORERS MIKE QUEVEDO SR SCHOLARSHIP FUND