Chatsworth, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)For the Future Inc, founded in 2009, is a community nonprofit in the Youth Development sector that reported $1.7M in total revenue in fiscal year 2024.
For the Future, Inc. is a California non-profit organization. The Organization is approved by the State of California under the Short-Term Residential Therapeutic Program (STRTP)which provides twenty-four hour non-medical care, intensive supervision to residents in a structured therapeutic based environment, mental health services, crisis intervention and targeted case management. Services are provided by Child Care Counselors and Clinical Social Workers employed by For the Future. For the Future staff are responsible for all aspects of the care and supervision of the residents entrusted to them, which includes: activities of daily living (ADL), independent living skills training, personal care, psychosocial and emotional needs and oversight. The Organization is accredited by the Commission on Accreditation of Rehabilitation Facilities (CARF) International.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,729,475 | $1,666,033 | +0.0% |
| Expenses | $1,697,047 | $1,712,352 | 0.0% |
| Net Income | $32,428 | $-46,319 | -1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Salpy Boyajian MA MDR LMFT | CEO/Board Chair | 40.00 |
Officer
Director
|
$166,458 | $0 | $166,458 |
| Pateel Boyajian JD MBA | Board Secretary | 4.00 |
Director
|
$0 | $0 | $0 |
| Lorena Garcia MS | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Rena Charchian | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Jacklyn Balian PharmD | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Talin Kargodorian | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,729,475 | $1,697,047 | $976,894 | $32,428 |
| 2024 | $1,666,033 | $1,712,352 | $1,049,946 | $-46,319 |
| 2022 | $704,081 | $642,181 | $978,550 | $61,900 |
| 2021 | $1,555,376 | $1,055,861 | $582,851 | $499,515 |
| 2021 | $1,406,564 | $1,055,861 | $434,039 | $350,703 |
| 2020 | $898,480 | $951,508 | $133,121 | $-53,028 |
| 2020 | $981,864 | $951,508 | $216,505 | $30,356 |
| 2019 | $760,145 | $894,787 | $138,953 | $-134,642 |
| 2018 | $624,779 | $576,314 | $110,084 | $48,465 |
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