CENTER FOR CAREGIVER ADVANCEMENT

EIN: 954783487 501(c)(3) Education

LOS ANGELES, CA

Total Revenue
$13,067,522
Total Expenses
$12,627,364
Total Assets
$5,953,955
Net Assets
$4,992,263
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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
CA
Principal Officer
CORINNE ELDRIDGE
Phone
2133871487
Tax Period
2023-01-01 to 2023-12-31

CENTER FOR CAREGIVER ADVANCEMENT, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $13.1M in total revenue in fiscal year 2023. Revenue surged 117% from the prior year, signaling strong growth momentum. Expenses of $12.6M left a modest 3% surplus.

Mission

TO PROVIDE EDUCATION AND CHARITABLE ASSISTANCE TO THE GENERAL PUBLIC.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $678,000
Program Service Revenue $12,324,646
Investment Income $41,011
Other Revenue $23,865
TOTAL REVENUE $13,067,522

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,244,460
Fundraising Expenses $202,353
Program Expenses $11,797,470
Other Expenses $3,382,904
TOTAL EXPENSES $12,627,364

Year-over-Year Comparison

2023 2022 Change
Revenue $13,067,522 $6,009,397 +1.2%
Expenses $12,627,364 $6,232,212 +1.0%
Net Income $440,158 $-222,815 -3.0%
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

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Governance

Voting Members
8
Independent Members
6
Employees
132
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
$300,669
Total Directors
8
$416,815
Key Employees
1
$247,788
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIMBERLY EVON SECRETARY 1.00
Director
$0 $53,196 $297,387
JIM MANGIA CHAIR OF THE BOARD 1.00
Director
$0 $0 $0
JEFFREY FORREST TREASURER 1.00
Director
$0 $0 $0
CARMEN ROBERTS BOARD MEMBER 1.00
Director
$0 $18,657 $119,428
JENNIFER SCHLESINGER BOARD MEMBER 1.00
Director
$0 $0 $0
PADMINI PARTHASARATHY BOARD MEMBER 1.00
Director
$0 $0 $0
SILVIA YEE BOARD MEMBER 1.00
Director
$0 $0 $0
ZIMA CREASON BOARD MEMBER 1.00
Director
$0 $0 $0
CORINNE ELDRIDGE PRESIDENT & CEO 40.00
Officer
$225,662 $75,007 $300,669
MORAIAMA CASTANEDA SENIOR DIRECTOR OF PROGRAMS - HOME CARE 40.00
Key Emp
$188,830 $58,958 $247,788
SYUZANNA PETROSYAN SENIOR DIRECTOR OF PROGRAMS - ED FUND 40.00
Highest
$140,973 $57,185 $198,158
GWYNETH RAIMONDO CHIEF FINANCIAL OFFICER 40.00
Highest
$188,571 $39,711 $228,282
AFOLABI ONANUGA SALESFORCE ADMINISTRATOR 40.00
Highest
$117,628 $24,767 $142,395
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 No data No data No data No data
2023 $13,067,522 $12,627,364 $5,953,955 $440,158
2022 $6,009,397 $6,232,212 $4,892,135 $-222,815
2021 $5,055,264 $4,626,781 $5,193,461 $428,483
2019 $4,477,355 $4,130,941 $3,882,602 $346,414
2018 $4,057,489 $3,703,137 $3,631,504 $354,352
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