California Center For Economic Initiatives
Nonprofit profile at a glance
- EIN
- 800317823
- IRS 990 coverage
- 2022–2023
- Forms available
- Form 990 2023, Form 990-EZ 2021, Form 990-N 2019
- Location
- Compton, CA, USA
- Phone
- 3212095512
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Community Improvement, Capacity Building N.E.C.
Reported finances
- Revenue
- $300,000
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Rushelli Luna (PRESIDENT AND EXECUTIVE DIRECTOR)
Highest reported compensation
- Shandrea Moody (DIRECTOR OF OPERATIONS): $80,856 total reported compensation
- Rushelli Luna (PRESIDENT AND EXECUTIVE DIRECTOR): $30,255 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We work to cultivate a network that provides development resources within under-served and under-represented communities that enable community members to envision possibilities in leadership, design solutions and create changes for the betterment of the community through training, education and leadership empowerment.
What it reported doing in 2023
Nonprofit Community Programs and Social Enterprises Incubation Funding for community leadership programs
Operating model
- Revenue model
- Donor-supported. 93% of the money available for current operations came from contributions and gifts.
- 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
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 27
- Transparency & Controls: 80
- Accountability: 82
- Sustainability: NotEnoughData
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.1%; rating input score 48
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 80%; rating input score 80; 1st 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: 100%; rating input score 100; 63rd 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -30.3% per year; rating input score 0; 4th percentile among comparable filings
- Revenue growth: 24.8% per year; rating input score 100; 90th percentile among comparable filings
- Asset growth: 20.9% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 48.1% of revenue deployed
- Governance: 7 of 7 board members independent · 5 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $156K in reported program spending
- Leadership: top reported pay $81K · 10 people listed
- Consistency: 10 of 12 current checks pass · 2 findings to review
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- Money network: 3 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Moderate — Transparency & Controls: Series program expenses within total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.