LAX COASTAL EDUCATION FOUNDATION (EIN 203035179) - 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

2005

Legal Domicile

Principal Officer

LORY SARLO

Phone

3106455151

Tax Period

2023-07-01 to 2024-06-30

LAX COASTAL EDUCATION FOUNDATION, founded in 2005, is a small nonprofit in the Education sector that reported $232K in total revenue in fiscal year 2023. Revenue surged 130% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 26% operating margin.

Mission

The LAX Coastal Education Foundation is a nonprofit organization dedicated to positively impacting our local education community in Westchester, Playa del Rey, Playa Vista, Marina del Rey and beyond through educating the community about the strengths of our local schools, supporting our local teachers and students through much needed grants and increasing the quality of education in local schools by advocating for extracurricular programs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $21,839

Program Service Revenue $203,864

Investment Income $6,247

Other Revenue $0

TOTAL REVENUE $231,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $164,809

Other Expenses $170,943

TOTAL EXPENSES $170,943

Year-over-Year Comparison

	2023	2022	Change
Revenue	$231,950	$100,644	+1.3%
Expenses	$170,943	$146,851	+0.2%
Net Income	$61,007	$-46,207	-2.3%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSE HIDINGER	Vice President	3.00	Officer Director	$0	$0	$0
SHAWNA DRAXTON	Secretary	3.00	Officer Director	$0	$0	$0
CHRISTINA DAVIS	Treasurer	3.00	Officer Director	$0	$0	$0
LORY SARLO	President	3.00	Officer Director	$0	$0	$0

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
2024	$231,950	$170,943	$173,602	$61,007
2020	$117,806	$120,022	$136,120	$-2,216
2019	$183,717	$181,623	$138,336	$2,094
2018	$271,812	$166,000	$136,242	$105,812

LAX COASTAL EDUCATION FOUNDATION