California Broadband Cooperative Inc
Nonprofit profile at a glance
- EIN
- 270531963
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Rancho Cucamonga, CA, USA
- Phone
- 7075518221
- Rating confidence
- Limited
- Sector
- Local Benevolent Life Insurance Associations
Reported finances
- Revenue
- $-12,014,567
- Expenses
- $30,086,313
- Assets
- $12,157,460
- Liabilities
- $6,652,268
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ROBERT VOLKER (SECRETARY & CEO (THRU 11/24))
Highest reported compensation
- SCOTT ARMSTRONG (CHAIRMAN): $9,000 total reported compensation
- NICOLAS KEELER (DIRECTOR): $9,000 total reported compensation
- TIMOTHY FESKO (DIRECTOR): $9,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Owning and operating a broadband network in the eastern sierra region of California and Nevada.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 76
- Sustainability: 12
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 27th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -350.4%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: 0.55; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0.3%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -28.8% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: -7.6% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 10 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $9K · 13 people listed
- Highest-paid contractors: 1 contractor listed · $1.7M reported
- Consistency: 12 of 12 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 10 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 9/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- High — Sustainability: Officer compensation ratio scored 20/100.