FRIENDS OF THE HOLLYWOOD CAP PARK HOLLYWOOD FREEWAY CENTRAL PARK

EIN: 264236328 501(c)(3)

HOLLYWOOD, CA

Total Revenue
$230,508
Total Expenses
$318,240
Total Assets
$55,215
Net Assets
$-550,452
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CA
Phone
3102748682
Tax Period
2021-02-01 to 2022-01-31

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.

Mission

THE COVID-19 PANDEMIC DERAILED SCHEDULED WORKLOAD AND CURTAILED ALL FUNDRISING 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-DEVELOPMENT PLANS TO BUILD THE HOLLYWOOD CENTRAL PARK. ZOOM MEETINGS REPLACED IN-PERSON BOARD AND COMMITTE MEETINGS. FUNDRAISING COMMITTEE RESEARCHED GRANT OPPORTUNITIES AND EVENT PLANNING. FHCP BOARD MEMBERS ATTENDED A 5-DAY ADVOCACY TRIP TO WASHINGTON DC IN JULY 2021.

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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 (2021)

Revenue Breakdown

Contributions & Grants $230,508
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $230,508

Expense Breakdown

Grants Paid $0
Salaries & Benefits $220,358
Fundraising Expenses $60,507
Program Expenses $163,891
Other Expenses $97,882
TOTAL EXPENSES $318,240

Year-over-Year Comparison

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%
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

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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
37
Independent Members
37
Employees
1
Volunteers
30

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
6
$0
Total Directors
37
$180,000
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
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