LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC, founded in 1974, is a small nonprofit in the Education sector that reported $532K in total revenue in fiscal year 2024. Expenses of $469K left a modest 12% surplus.
TO PROMOTE LITERACY AND MOTIVATE CHILDREN TO READ BY PROVIDING NEW BOOKS TO CREATE HOME LIBRARIES FOR UNDERSERVED CHILDREN IN SOUTHERN CALIFORNIA.
Distributed over 112,000 new books to economically disadvantaged children in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los...
Distributed over 112,000 new books to economically disadvantaged children in high-poverty preschools, elementary schools, middle schools, Head Start sites, and community-based organizations in Los Angeles and Orange Counties.
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 | $531,668 | $520,772 | +0.0% |
| Expenses | $468,586 | $493,286 | -0.1% |
| Net Income | $63,082 | $27,486 | +1.3% |
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 |
|---|---|---|---|---|---|---|
| JENNIFER GRESENZ | TREASURER | 001.00 |
Director
|
$0 | $0 | $0 |
| ANGIE FLORES | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| ALVA SACHS | BOARD EMERITUS | 001.00 |
Director
|
$0 | $0 | $0 |
| ANDREW A MENESES JR | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL F CHAVEZ | PRESIDENT | 001.00 |
Director
|
$0 | $0 | $0 |
| TERESA VERDUZCO LOPEZ | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| BRIAN ALIMAN | SECRETARY | 001.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA KOSSAN | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| GEORGE KOSSAN | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| KENNETH HOO | BOARD MEMBER | 001.00 |
Director
|
$0 | $0 | $0 |
| CAROL HENAULT | EXECUTIVE DIRECTOR | 040.00 |
Key Emp
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $531,668 | $468,586 | $1,216,383 | $63,082 |
| 2024 | $520,772 | $493,286 | $1,029,160 | $27,486 |
| 2023 | $482,049 | $470,873 | $1,016,507 | $11,176 |
| 2022 | $416,130 | $541,414 | $1,003,941 | $-125,284 |
| 2021 | $585,702 | $404,094 | $1,155,945 | $181,608 |
| 2020 | $405,800 | $401,508 | $974,023 | $4,292 |
| 2019 | $558,911 | $454,868 | $926,208 | $104,043 |
Compare READING IS FUNDAMENTAL OF SOUTHERN CALIFORNIA INC with other nonprofits in California and across the country.