LEGACY LA YOUTH DEVELOPMENT CORP (EIN 010960970) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

LUCY HERRERA

Phone

3238472600

Tax Period

2024-07-01 to 2025-06-30

LEGACY LA YOUTH DEVELOPMENT CORP, founded in 2010, is a community nonprofit in the Crime & Legal sector that reported $4.7M in total revenue in fiscal year 2024. Expenses of $4.1M left a modest 14% surplus.

Mission

TO MAKE POSITIVE INTERVENTIONS IN THE LIVES OF YOUNG PEOPLE BY OFFERING ALTERNATIVES TO GANGS AND VIOLENCE. LEGACY LA BUILDS THE CAPACITY OF YOUTH TO REACH THEIR FULL POTENTIAL AND EQUIPS THEM WITH TOOLS TO TRANSFORM THEIR LIVES AND COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,828,408

Program Service Revenue $0

Investment Income $8,734

Other Revenue $852,229

TOTAL REVENUE $4,689,371

Expense Breakdown

Grants Paid $61,286

Salaries & Benefits $2,714,961

Fundraising Expenses $192,337

Program Expenses $3,181,070

Other Expenses $1,275,366

TOTAL EXPENSES $4,051,613

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,689,371	$4,440,482	+0.1%
Expenses	$4,051,613	$3,472,740	+0.2%
Net Income	$637,758	$967,742	-0.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$142,286

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ART BECERRA	DIRECTOR	1.00	Director	$0	$0	$0
HECTOR VERDUGO	SECRETARY	1.00	Officer Director	$0	$0	$0
SARA SGARLATA	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MONIQUE MONCAYO	DIRECTOR	1.00	Director	$0	$0	$0
TATIANA MORENO	DIRECTOR	1.00	Director	$0	$0	$0
EVANGELINE ORDAZ FROM 0225	DIRECTOR	1.00	Director	$0	$0	$0
YOLANDA CHAVEZ FROM 0625	DIRECTOR	1.00	Director	$0	$0	$0
DIANA CARRILLO FROM 0724	DIRECTOR	1.00	Director	$0	$0	$0
LUCY MARIA HERRERA	EXECUTIVE DIRECTOR	40.00	Officer	$138,815	$3,471	$142,286

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$4,689,371	$4,051,613	$11,850,129	$637,758
2024	$4,440,482	$3,472,740	$11,400,848	$967,742
2023	$3,134,883	$3,193,196	$10,373,532	$-58,313
2022	$3,435,635	$3,690,687	$10,525,369	$-255,052
2022	$3,435,635	$3,690,687	$10,525,369	$-255,052
2021	$2,387,393	$2,303,635	$4,215,728	$83,758
2020	$1,858,087	$1,942,237	$4,381,866	$-84,150
2019	$1,638,077	$1,208,254	$4,044,203	$429,823

LEGACY LA YOUTH DEVELOPMENT CORP