HOLLYWOOD, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE HOLLYWOOD CAP PARK HOLLYWOOD FREEWAY CENTRAL PARK, founded in 2009, is a small nonprofit that reported $231K in total revenue in fiscal year 2021. Revenue surged 138% from the prior year, signaling strong growth momentum. Expenses of $318K exceeded revenue, resulting in a 38% operating deficit.
THE COVID-19 PANDEMIC DERAILED SCHEDULED WORKLOAD AND CURTAILED ALL FUNDRAISING ACTIVITIES. HOWEVER, THE BOARD WAS ABLE TO MOVE FORWARD WITH ENVIRONMENTAL DOCUMENTS AND DESIGN WORK FOR THE HOLLYWOOD CENTRAL PARK. FHCP TECHNICAL COMMITTEE WORKED WITH CITY PARTNERS TO CREATE PRE-DEVELPMENT PLANS TO BUILD THE HOLLYWOOD CENTAL PARK. ZOOM MEETINGS REPLACED IN-PERSON BOARD AND COMMITTEE MEETINGS. FUNDRAISING COMMITTEE RESEARCHED GRANT OPPORTUNITIES AND EVENT PLANNING. FHCP BOARD MEMBERS ATTENDED A 5-DAY ADVOCACY TRIP TO WASHINGTON DC IN JULY 2021.
THE HOLLYWOOD CENTRAL PARK IS A LANDMARK INFRASTRUCTURE PROJECT THAT WILL CREATE MORE THAN 35,000 DIRECT AND INDIRECT JOBS OVER 10 YEARS, PROVIDE ECONOMIC STIMULUS AND LONG TERM ECONOMIC SECURITY...
THE HOLLYWOOD CENTRAL PARK IS A LANDMARK INFRASTRUCTURE PROJECT THAT WILL CREATE MORE THAN 35,000 DIRECT AND INDIRECT JOBS OVER 10 YEARS, PROVIDE ECONOMIC STIMULUS AND LONG TERM ECONOMIC SECURITY, PROVIDE HEALTHY COMMUNITIES AND PROVIDE CHILDREN WITH OPEN GREEN SPACE IN WHICH TO GROW AND THRIVE.THE HOLLYWOOD CENTRAL PARK WILL TRANSFORM HOLLYWOOD'S DISADVANTAGED COMMUNITIES INTOTHRIVING ECONOMIC ENGINES AND IS AN INVESTMENT IN OUR CHILDREN, OUR COMMUNITY AND OUR FUTURE.
IN ACCORDANCE WITH US GAAP, CONTRIBUTION OF SERVICES ARE RECOGNIZED IF THE SERVICES RECEIVED (a) CREATE OR ENHANCE NONFINANCIAL ASSETS OR (b) REQUIRE SPECIALIZED SKILLS THAT ARE PROVIDED BY...
IN ACCORDANCE WITH US GAAP, CONTRIBUTION OF SERVICES ARE RECOGNIZED IF THE SERVICES RECEIVED (a) CREATE OR ENHANCE NONFINANCIAL ASSETS OR (b) REQUIRE SPECIALIZED SKILLS THAT ARE PROVIDED BY INDIVIDUALS POSSESSING THOSE SKILLS, AND (c) THE SERVICES AND COSTS WOULD TYPICALLY NEED TO BE PURCHASED IF NOT PROVIDED BY DONATION. CONTRIBUTED SERVICES THAT DO NOT MEET THE CRITERIA ARE NOT RECOGNIZED.FHCP RECEIVES A SIGNIFICANT AMOUNT OF DONATED SERVICES FROM UNPAID PROFESSIONAL VOLUNTEERS WHO ASSIST IN CARRYING OUT THE ORGANIZATION'S PROGRAM SERVICES.SEE SCH D AND SCH O FOR DETAIL.
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $230,508 | $96,841 | +1.4% |
| Expenses | $318,240 | $375,321 | -0.2% |
| Net Income | $-87,732 | $-278,480 | -0.7% |
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 |
|---|---|---|---|---|---|---|
| LAURIE GOLDMAN | President | 8.00 |
Director
|
$180,000 | $0 | $180,000 |
| CHRISTOPHER BARTON | BOARD MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| DAVID BASS | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| JEFF BRIGGS | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| SCOTT CAMPBELL | Treasurer | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| KYNDRA CASPER | Secretary | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| TINA CHOI | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TRACY CHRISTIAN | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TETLO EMMEN | Vice President | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES FELDMAN | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| BRIAN FOLB | Vice President | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALFRED FRAIJO JR | Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID GAJDA | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| BRADLEY GLENN | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| JOHN GOODWIN | BOARD MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| DAVID GREEN | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| PHILLIP HART PHD | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| FREDRIC W KESSLER | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| GRANT KING | BOARD MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| LARRY KOSMONT | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| LESLIE LAMBERT | Vice President | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| LAUREN LEXTON | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| JAMES W LITZ | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| JOSE MALAGON | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| SUSAN POLIFRONIO | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| SHARYN ROMANO | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| BRUCE ROTHMAN | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| SCOTT RYNDERS | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| DANA SAYLES | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| MAUREEN SCHULTZ | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| BRIAN SIXT | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| THADDEUS H SMITH | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| SAMIR SRIVASTAVA | BOARD MEMBER | 4.00 |
Director
|
$0 | $0 | $0 |
| GARY TAGLYAN | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| CHRISTI VAN CLEVE | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| MIKE VANISI | BOARD MEMBER | 0.00 |
Director
|
$0 | $0 | $0 |
| TODD WARNER | BOARD MEMBER | 8.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $230,508 | $318,240 | $55,215 | $-87,732 |
| 2021 | $96,841 | $375,321 | $36,909 | $-278,480 |
| 2020 | $1,703,747 | $1,325,168 | $93,108 | $378,579 |
| 2019 | $-3,784 | $219,309 | $20,866 | $-223,093 |
| 2018 | $108,902 | $236,697 | $40,804 | $-127,795 |
| 2017 | $146,293 | $254,944 | $48,212 | $-108,651 |
Compare FRIENDS OF THE HOLLYWOOD CAP PARK HOLLYWOOD FREEWAY CENTRAL PARK with other nonprofits in California and across the country.