LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FLAX, founded in 2006, is a micro nonprofit that reported $42K in total revenue in fiscal year 2020. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $64K exceeded revenue, resulting in a 53% operating deficit.
TO PROMOTE AND DEVELOP FRANCO-AMERICAN RELATIONSHIPS AND UNDERSTANDING IN SOUTHERN CALIFORNIA AND POSSIBLY THE AMERICAN SOUTHWEST BY SPONSORING EDUCATIONAL EVENTS IN THE AREAS OF CULTURE, SCIENCE AND LINGUISTIC STUDIES AND BY PROMOTING CULTURAL EXCHANGES BETWEEN AMERICA AND FRANCE.
FLAX PROJECTS ARE LARGE-SCALE ART PROJECTS INITIATED, CREATED AND PRODUCED IN COLLABORATION WITH FRENCH AND SOUTHERN CALIFORNIA PARTNER OGANIZATIONS TO CREATE INNOVATIVE DIALOGUES BETWEEN FRENCH AND...
FLAX PROJECTS ARE LARGE-SCALE ART PROJECTS INITIATED, CREATED AND PRODUCED IN COLLABORATION WITH FRENCH AND SOUTHERN CALIFORNIA PARTNER OGANIZATIONS TO CREATE INNOVATIVE DIALOGUES BETWEEN FRENCH AND LOS ANGELES-BASED ARTISTS FROM ALL DISCIPLINES, AS WELL AS CRITICS, CURATORS AND INSTITUTIONS FROM BOTH COUNTRIES THROUGH A MOBILE, COOPERATIVE AND INTERDISCIPLINARY APPROACH TO BENEFIT THE GREATER LOS ANGELES COMMUNITY. ADMISSION TO ALL EVENTS IS FREE TO THE PUBLIC.
FAHRENHEIT RESIDENCIES ARE OFFERED TO ARTISTS, CURATORS AND WRITERS LASTING BETWEEN ONE AND THREE MONTHS IN LENGTH. RESIDENTS ARE ASKED TO DEVELOP A UNIQUE PROJECT DURING THEIR STAY. THEY ARE...
FAHRENHEIT RESIDENCIES ARE OFFERED TO ARTISTS, CURATORS AND WRITERS LASTING BETWEEN ONE AND THREE MONTHS IN LENGTH. RESIDENTS ARE ASKED TO DEVELOP A UNIQUE PROJECT DURING THEIR STAY. THEY ARE PROVIDED WITH HOUSING, WORKSPACE AND FUNDING FOR THEIR RESEARCH AND PRODUCTION LEADING TO AN EXHIBITION, FORUM OR PUBLICATION RELATING TO THEIR WORK DEVELOPED DURING THEIR RESIDENCE. ALL RESIDENCIES INCLUDE A PUBLIC OUTREACH COMPONENT WITH THE RESIDENT CREATING LECTURES, EVENTS OR PRESENTATIONS WITH A FOCUS ON UNDERSERVED LOS ANGELES COMMUNITIES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $42,154 | $185,787 | -0.8% |
| Expenses | $64,437 | $165,778 | -0.6% |
| Net Income | $-22,283 | $20,009 | -2.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MARK S TINGLOF | TREASURER | 2.0 |
Officer
Director
|
$6,000 | $0 | $6,000 |
| ELISABETH FORNEY | EXECUTIVE DIRECTOR | 10.0 |
Key Emp
|
$5,000 | $0 | $5,000 |
| LIONEL SAUVAGE | PRESIDENT | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| GERALD DU MANOIR | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $42,154 | $64,437 | No data | $-22,283 |
| 2019 | $185,787 | $165,778 | $22,283 | $20,009 |
| 2018 | $160,967 | $213,446 | $2,274 | $-52,479 |
Compare FLAX with other nonprofits in California and across the country.