LOS ANGELES HARBOR COLLEGE FOUNDATION

EIN: 237307260 501(c)(3)

WILMINGTON, CA

Total Revenue
$178,800
Total Expenses
$208,782
Total Assets
$4,229,785
Net Assets
$4,227,300
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
CA
Principal Officer
DAVE GASCON
Phone
3102334336
Tax Period
2022-07-01 to 2023-06-30

LOS ANGELES HARBOR COLLEGE FOUNDATION, founded in 1972, is a small nonprofit that reported $179K in total revenue in fiscal year 2022. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $209K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF THE FOUNDATION IS TO SUPPORT THE STUDENTS, FACULTY, PROGRAMS AT LOS ANGELES HARBOR COLLEGE BY RAISING FUNDS AND DEVELOPING COMMUNITY RELATIONSHIPS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $128,481
Program Service Revenue $0
Investment Income $3,716
Other Revenue $46,603
TOTAL REVENUE $178,800

Expense Breakdown

Grants Paid $136,014
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $161,431
Other Expenses $72,768
TOTAL EXPENSES $208,782

Year-over-Year Comparison

2022 2021 Change
Revenue $178,800 $304,434 -0.4%
Expenses $208,782 $147,660 +0.4%
Net Income $-29,982 $156,774 -1.2%
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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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
30

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
4
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHEYENNE BRYANT Vice President 2.00
Officer Director
$0 $0 $0
ENRIQUE GAYTAN III BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT CRANE Treasurer 5.00
Officer Director
$0 $0 $0
PAT WILSON BOARD MEMBER 2.00
Director
$0 $0 $0
MONICA GARCIA BOARD MEMBER 2.00
Director
$0 $0 $0
DAVE GASCON President 5.00
Officer Director
$0 $0 $0
JACOB HAIK BOARD MEMBER 2.00
Director
$0 $0 $0
JERRY RODICH Secretary 2.00
Officer Director
$0 $0 $0
MIKE BODLOVICH BOARD MEMBER 2.00
Director
$0 $0 $0
KELLY CROSS BOARD MEMBER 2.00
Director
$0 $0 $0
DEBRA HOFREITER BOARD MEMBER 2.00
Director
$0 $0 $0
CECILIA MORENO BOARD MEMBER 2.00
Director
$0 $0 $0
JUANITA NARANJO BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL BECHTOL BOARD MEMBER 2.00
Director
$0 $0 $0
TOM JELENIC BOARD MEMBER 2.00
Director
$0 $0 $0
GARY DWIGHT BOARD MEMBER 2.00
Director
$0 $0 $0
JOE GATLIN BOARD MEMBER 2.00
Director
$0 $0 $0
SYLVIA FILES BOARD MEMBER 2.00
Director
$0 $0 $0
MOISES FIGUEROA BOARD MEMBER 2.00
Director
$0 $0 $0
RHONDA DOWDY BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT KATHERMAN BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREA HUGHES BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL ADAMS BOARD MEMBER 2.00
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 No data No data
2024 No data No data No data No data
2023 $178,800 $208,782 $4,229,785 $-29,982
2022 $304,434 $147,660 $3,837,589 $156,774
2021 $345,106 $169,134 $4,132,765 $175,972
2020 $203,355 $140,575 $3,264,671 $62,780
2019 $223,493 $148,371 $3,035,160 $75,122
2018 $486,042 $156,770 $2,700,270 $329,272
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