SAN DIEGO TEKE CORPORATION

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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

1955

Legal Domicile

Principal Officer

CHARLES E CONSIDINE

Phone

6192311977

Tax Period

2024-07-01 to 2025-06-30

SAN DIEGO TEKE CORPORATION, founded in 1955, is a micro nonprofit that reported $15K in total revenue in fiscal year 2024.

Mission

TO PROVIDE SCHOLARSHIP AND HOUSING TO TEKES AT SAN DIEGO STATE UNIVERSITY

Program Service Accomplishments

Program 1

AFFORDABLE HOUSING HAS BEEN PROVIDED

Program 2

UPDATE HOUSE FOR CHAPTER

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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 $0

Program Service Revenue $0

Investment Income $2,082

Other Revenue $-16,926

TOTAL REVENUE $-14,844

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,491

TOTAL EXPENSES $2,491

Year-over-Year Comparison

	2024	2023	Change
Revenue	$-14,844	$-13,804	+0.1%
Expenses	$2,491	$77	+31.4%
Net Income	$-17,335	$-13,881	+0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARC GLAZER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES E CONSIDINE	TREASURER	3.00	Officer Director	$0	$0	$0
LAWRENCE E GROVE	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE TRUNZO	VP	1.00	Officer 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
2025	$-14,844	$2,491	$402,343	$-17,335
2024	$-13,804	$77	$419,677	$-13,881
2023	$-50,687	$4,647	$433,560	$-55,334
2022	$-169,736	$12,725	$488,873	$-182,461
2021	$-23,344	$3,385	$676,420	$-26,729
2020	$48,890	No data	$703,153	No data
2019	$50,226	No data	$654,263	No data