LOS ANGELES CUSTOMS BROKERS AND FREIGHT FORWARDERS ASSOCIATION INC (EIN 237311309) - 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

1939

Legal Domicile

Principal Officer

Patty Tschaepe

Phone

5032270059

Tax Period

2024-01-01 to 2024-12-31

LOS ANGELES CUSTOMS BROKERS AND FREIGHT FORWARDERS ASSOCIATION INC, founded in 1939, is a small nonprofit that reported $222K in total revenue in fiscal year 2024. Expenses of $205K left a modest 8% surplus.

Mission

THE ASSOCIATION HOLDS EDUCATIONAL EVENTS, CONFERENCES, AND CUSTOMS BROKERS CLASSES FOR BROKER CERTIFICATION, US FDA WORKSHOPS, EXPORT/IMPORT WORKSHOPS, & MONTHLY EDUCATIONAL EVENTS RE. U.S. CUSTOMS LAWS, RULINGS, AND REGULATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $66,350

Program Service Revenue $129,310

Investment Income $17,603

Other Revenue $9,162

TOTAL REVENUE $222,425

Expense Breakdown

Grants Paid $1,781

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,436

Other Expenses $203,225

TOTAL EXPENSES $205,006

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,425	$224,830	0.0%
Expenses	$205,006	$230,240	-0.1%
Net Income	$17,419	$-5,410	-4.2%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mari Bermejo	Vice President	5.00	Officer Director	$0	$0	$0
Pat Vangtan	Chairman	5.00	Officer Director	$0	$0	$0
Barbie Clarke	Director	5.00	Director	$0	$0	$0
Kenneth Quartarolo	Director	5.00	Director	$0	$0	$0
DAVID HARLOW	Director	5.00	Director	$0	$0	$0
Rebecca Marek	Secretary	5.00	Officer Director	$0	$0	$0
Eng Szetho	Director	5.00	Director	$0	$0	$0
Kris Lowery	Director	5.00	Director	$0	$0	$0
Elvia Serrano	Director	5.00	Director	$0	$0	$0
Patty Tschaepe	President	5.00	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
2024	$222,425	$205,006	$373,919	$17,419
2023	$224,830	$230,240	$353,843	$-5,410
2022	$195,757	$191,209	$347,807	$4,548
2021	$168,947	$143,396	$357,608	$25,551
2020	$175,282	$174,273	$337,569	$1,009
2019	$205,810	$184,636	$324,462	$21,174
2018	$211,635	$219,106	$296,277	$-7,471

LOS ANGELES CUSTOMS BROKERS AND FREIGHT FORWARDERS ASSOCIATION INC