WCA DEVELOPMENT CORPORATION

EIN: 204330152 501(c)(3) Housing & Shelter

LOS ANGELES, CA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$59,906
Net Assets
$-38,116
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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
2011
Legal Domicile
CA
Principal Officer
SENATOR KEVIN MURRAY
Phone
2136892184
Tax Period
2024-05-01 to 2025-04-30

Mission

IN ORDER TO ACCELERATE THE RESPONSIVENESS OF THE WEINGART CENTER ASSOCIATION "WCA" TO CHANGES IN THE ECONOMY BOTH GOOD AND BAD, THE WEINGART DEVELOPMENT CENTER "WDC CREATES AND INCUBATES GROWING BUSINESSES THAT EMPLOY CLIENTS WHO WERE PREVIOUSLY (CONT. ON SCH. O) SERVED BY THE WCA. THESE NEW ENTERPRISES PROVIDE THE SOCIAL BENEFIT OF TRAINING PAST CLIENTS WHILE ALSO SAVING NON-PROFIT RESOURCES BY SUBSIDIZING OPERATIONS THROUGH THEIR OWN SALES REVENUE.

Program Service Accomplishments

Program 1

A SUPPORTING ORGANIZATION FOR THE WEINGART CENTER ASSOCIATION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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

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Governance

Voting Members
2
Independent Members
1
Employees
N/A
Volunteers
1

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
1
$505,189
Total Directors
2
$505,189
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SENATOR KEVIN MURRAY PRESIDENT 2.00
Officer Director
$0 $23,918 $505,189
DAVE JONES BOARD MEMBER 1.00
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
2025 No data No data $59,906 No data
2024 No data No data $59,906 No data
2023 No data No data $59,906 No data
2022 No data No data $59,906 No data
2021 No data No data $59,906 No data
2020 $4 No data $40,900 No data
2019 $4 No data $40,896 No data
2018 $37,888 $54,640 $40,891 $-16,752
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