Catalonia Inc
Nonprofit profile at a glance
- EIN
- 943182019
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Hayward, CA, USA
- Phone
- 5105821460
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $33,854
- Expenses
- $33,679
- Assets
- $31,670
- Liabilities
- $12,100,394
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
19 people listed
Executive titles in this filing
- LINDA MANDOLINI (PRESIDENT)
Highest reported compensation
- LINDA MANDOLINI (PRESIDENT): $662,794 total reported compensation
- TATIANA BLANK (CFO): $492,408 total reported compensation
- TIMOTHY GREEN (ASSISTANT SECRETARY/GENERAL COUNSEL): $318,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To serve as managing general partner of eden cambrian l.p. That owns and operates a low-income housing project
What it reported doing in 2024
The corporation is serving as managing general partner of eden cambrian lp, that owns and operates a 153-unit affordable housing complex.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 64
- Accountability: 91
- Sustainability: 33
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.1%; rating input score 96
- Program expense ratio: 96.6%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- 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; 64th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.5%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.94; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 382.08; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 229.8%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -26.8% per year; rating input score 0; 13th percentile among comparable filings
- Revenue growth: -14% per year; rating input score 0; 26th percentile among comparable filings
- Asset growth: -12.7% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 96.1% of revenue deployed · 96.6% of spending went to programs
- Governance: 16 of 16 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $33K in reported program spending
- Leadership: top reported pay $663K · 19 people listed · 0 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 211 filed related-organization links
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Sustainability: Operating margin scored 56/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.