AREA CHRISTIANS TAKING INITIATIVE ON NEEDS (EIN 203883656) - 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

2006

Legal Domicile

Principal Officer

Veronica Browning

Phone

8059870300

Tax Period

2023-01-01 to 2023-12-31

AREA CHRISTIANS TAKING INITIATIVE ON NEEDS, founded in 2006, is a small nonprofit in the Human Services sector that reported $828K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $918K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE SOCIAL SERVICE PROGRAMMING FOR THE DISADVANTAGED RESIDENTS OF VENTURA COUNTY.

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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 $827,692

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $827,692

Expense Breakdown

Grants Paid $585,908

Salaries & Benefits $213,936

Fundraising Expenses $76,306

Program Expenses $788,350

Other Expenses $118,401

TOTAL EXPENSES $918,245

Year-over-Year Comparison

	2023	2022	Change
Revenue	$827,692	$640,475	+0.3%
Expenses	$918,245	$624,898	+0.5%
Net Income	$-90,553	$15,577	-6.8%

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

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

$71,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Lopez	Board Member	1.00	Director	$71,750	$0	$71,750
Terry Holland	Vice President	1.00	Officer Director	$0	$0	$0
Jonathan Looney	Executive Dir.	40.00	Officer Director	$0	$0	$0
Veronica Browning	Secretary	3.00	Officer Director	$0	$0	$0
Peter Gillette	Board Member	1.00	Director	$0	$0	$0
William Van Derripe	Treasurer	2.00	Officer Director	$0	$0	$0
Leaf Zwerling	Board Member	1.00	Director	$0	$0	$0
Amy Borgman	Board Member	1.00	Director	$0	$0	$0
Edwin Roman	Board Member	1.00	Director	$0	$0	$0
Jason Hurst	President	2.00	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
2023	$827,692	$918,245	$82,679	$-90,553
2022	$640,475	$624,898	$167,612	$15,577
2021	$634,075	$589,287	$174,557	$44,788
2020	$443,677	$423,545	$129,503	$20,132
2019	$616,545	$606,275	$80,936	$10,270
2018	$580,340	$587,334	$69,373	$-6,994

AREA CHRISTIANS TAKING INITIATIVE ON NEEDS