California Foundation For

Nonprofit profile at a glance

EIN
274243804
IRS 990-EZ coverage
2011–2012
Forms available
Form 990-EZ 2012, Form 990-N 2010
Location
Orangevale, CA, USA
Phone
9167189357
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Finance, Taxation, Monetary Policy

Official website

Reported finances

Revenue
$14,604
Expenses
$12,637
Assets
$6,195

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.

Leadership & pay

3 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our objective is to make California a better place to live and work by changing our public employee pension and retirement benefit programs for new and existing public employees to: (1) encourage public employees to extend their working years; (2) pay reasonable pension and retirement benefits to public employees; and (3) save money for taxpayers. Our purpose is to promote social welfare by working for state and local government pension and retirement benefits reform.

What it reported doing in 2012

Conducted study comparing retirement benefits provided by the public sector to retirement benefits provided by six large employers based in California; conducted an education and media campaign to inform the public, elected officials, and public sector administrators on the study's details.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 82
  • Sustainability: 42
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.6%; rating input score 70
  • Program expense ratio: 80.4%; rating input score 80

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 13.5%; rating input score 70; 70th percentile among comparable filings
  • Total-asset coverage ratio: 0.49; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -178.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: -171.1% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 37.7% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 69.6% of revenue deployed · 80.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $10K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2011 to 2012
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.