MILK AND BOOKIES

EIN: 263245228 501(c)(3)

SANTA MONICA, CA

Total Revenue
$279,721
Total Expenses
$390,163
Total Assets
N/A
Net Assets
N/A
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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
2008
Legal Domicile
CA
Principal Officer
LAURA ZIMMERMAN
Phone
3238635742
Tax Period
2017-07-01 to 2018-06-30

MILK AND BOOKIES, founded in 2008, is a small nonprofit that reported $280K in total revenue in fiscal year 2017. Revenue fell 79% from the prior year — a significant decline worth monitoring. Expenses of $390K exceeded revenue, resulting in a 39% operating deficit.

Mission

TO INSPIRE CHILDREN TO BECOME PHILANTHROPISTS AND PROVIDE CHILDREN IN FINANCIAL NEED WITH DONATIONS OF CHILDREN'S BOOKS.

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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 (2017)

Revenue Breakdown

Contributions & Grants $273,708
Program Service Revenue $2,849
Investment Income $0
Other Revenue $3,164
TOTAL REVENUE $279,721

Expense Breakdown

Grants Paid $230,242
Salaries & Benefits $69,719
Fundraising Expenses $0
Program Expenses $368,064
Other Expenses $90,202
TOTAL EXPENSES $390,163

Year-over-Year Comparison

2017 2016 Change
Revenue $279,721 $1,358,095 -0.8%
Expenses $390,163 $1,363,855 -0.7%
Net Income $-110,442 $-5,760 +18.2%
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

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Governance

Voting Members
3
Independent Members
2
Employees
3
Volunteers
50

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
2
$27,000
Total Directors
3
$27,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEREDITH ALEXANDER PRESIDENT 40.00
Officer Director
$27,000 $0 $27,000
LAURA ZIMMERMAN TREASURER 4.00
Officer Director
$0 $0 $0
STACY BERNSTEIN BOARD CHAIR 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
2018 $279,721 $390,163 No data $-110,442
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