Templo Calvario Community Development Corporation

What it reported doing in 2024

The banking on our youth program (boy) is a highly effective financial literacy and entrepreneurship program designed to help young people improve their understanding of financial concepts and services. The program aims to empower young people to make informed financial decisions, enabling them to improve their financial well-being while equipping them with the necessary leadership, teamwork, and entrepreneurship skills to succeed academically and financially. In line with our vision, tccdc created boy, an 8-month financial literacy and entrepreneurship program to provide high school juniors and seniors with the knowledge and tools to effectively shift the long-standing economic narrative among low- and moderate-income families and set a strong foundation for long-term economic mobility. After witnessing the tremendous impact this program has had on youth in santa ana for the past nine years, tccdc's strategic efforts this past year included expanding boy and other programming to other divested communities in orange county. Tccdc is proud to share that last year, for the first time, the boy program expanded to serve students from across the county! Legado academy focuses on two key drivers of economic mobility, parent education and financial literacy. Legado academy is empowering individuals and families to overcome financial stress, promoting generational financial health, and fostering long-term family resiliency. During the 2024-2025 fiscal year, tccdc hosted 15 cohorts, reaching 165 individuals across 10 sites throughout orange county. Our community partners included edward b. Cole sr. Academy, vista condor global academy, iglesia viva santa ana, iglesia metodista libre santa ana, iglesia de dios santa ana, girls scouts santa ana, templo calvario santa ana, la semilla learning center santa ana, maof foundation santa ana, and cristo rey hs santa ana. These partnerships have been so well received that existing partners are looking to offer additional sessions and 5ew community organizations are eager to partner with us.to honor the individuals who completed legado academy during 2024-2025, tccdc hosted a graduation ceremony complete with caps and gowns for the graduating parents. This year, tccdc looks forward to further advancing this program to address barriers to financial stability, break the cycle of poverty, and promote equity within orange county while supporting families in building a legacy.empowered scholars: during the 2024-2025 school year, tccdc served 222 ebc students through the empowered scholars program, an afterschool program that provides social, emotional, cognitive, and academic supports as well as leadership programs, sports, mentorship, and other enrichment opportunities delivered at critical times when children may otherwise be left at home unsupervised. By working to advance equity in education and halt the widening achievement gap among students from economically marginalized backgrounds in santa ana, empowered scholars effectively strengthens the bridge between school, parents, and the community to provide a pathway for students from socioeconomically disadvantaged backgrounds to remain on track towards pursing higher education.this past year featured a number of partnerships that enhanced programming for our students including girl scouts who partnered with empowered scholars to host a troop for students, child creativity lab who hosted a family steam night, second harvest food bank of orange county who provided daily snacks for students and monthly food distribution for the community, and parentis foundation whose 25 tutors supported 51 students through their reading program. Additionally, empowered scholars partnered with vanguard university to offer 10 internship positions for students studying education, nursing, and social work, bringing additional support for our students. Further, empowered scholars continued its popular summer camp and hosted 196 ebc students from june 10 to july 11. This

Financial Efficiency

• Mission deployment rate: 73.7%; rating input score 74
• Program expense ratio: 74.7%; rating input score 75
• Fundraising efficiency: $11.89 raised per $1 spent on fundraising; rating input score 43; 43rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 1 of 6 controls in place; rating input score 17
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 66.7%; rating input score 67; 11th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 0.9%; rating input score 37; 37th percentile among comparable filings
• Total-asset coverage ratio: 0.93; rating input score 34; 34th percentile among comparable filings
• Liabilities to assets ratio: 0.39; rating input score 27; 27th percentile among comparable filings
• Officer compensation ratio: 4.3%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: 9.2% per year; rating input score 100; 61st percentile among comparable filings
• Revenue growth: 8.6% per year; rating input score 100; 63rd percentile among comparable filings
• Asset growth: 11.5% per year; rating input score 100; 64th percentile among comparable filings