SOFESA

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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

2007

Legal Domicile

Phone

3109572995

Tax Period

2024-01-01 to 2024-12-31

SOFESA, founded in 2007, is a small nonprofit in the Human Services sector that reported $153K in total revenue in fiscal year 2024. Expenses of $189K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROVIDING HELP TO HOMELESS AND LOW-INCOME FAMILIES IN SOUTHERN CALIFORNIA

Program Service Accomplishments

Program 1

Expenses: $99,178

THROUGHOUT THE YEAR WE PROVIDED ASSISTANCE TO LOW INCOME FAMILIES AND HOMELESS. WE PAY FOR FOOD, RENT, EMERGENECY SHELTER, FUEL, TRAVEL, UTILITIES, MEDICAL EXPENSES AND OTHER.

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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 $148,032

Program Service Revenue $0

Investment Income $9

Other Revenue $4,900

TOTAL REVENUE $152,941

Expense Breakdown

Grants Paid $2,395

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $99,178

Other Expenses $186,496

TOTAL EXPENSES $188,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,941	$141,736	+0.1%
Expenses	$188,891	$186,116	+0.0%
Net Income	$-35,950	$-44,380	-0.2%

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

N/A

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
JESSICA ECHEVERRY	EXECUTIVE DIRECTOR	30.00	Officer	$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	$152,941	$188,891	$1,106,837	$-35,950
2023	$141,736	$186,116	$813,424	$-44,380
2022	$80,228	$314,148	$773,900	$-233,920
2021	$1,092,854	$89,345	$1,007,820	$1,003,509