LONG BEACH UNITY FESTIVAL INC

EIN: 273228712 501(c)(3) Arts, Culture & Humanities

Long Beach CA, CA

Total Revenue
$205,179
Total Expenses
$198,546
Total Assets
$19,264
Net Assets
$19,264
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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
2011
Legal Domicile
CA
Principal Officer
Steve Adams
Tax Period
2020-07-01 to 2021-06-30

LONG BEACH UNITY FESTIVAL INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $205K in total revenue in fiscal year 2020. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $199K left a modest 3% surplus.

Mission

Promote unity, reconciliation, non-violence to diverse, underserved communities through music, Arts & healthy lifestyles

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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 (2020)

Revenue Breakdown

Contributions & Grants $205,179
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $205,179

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,735
Fundraising Expenses $9,925
Program Expenses $158,836
Other Expenses $155,811
TOTAL EXPENSES $198,546

Year-over-Year Comparison

2020 2019 Change
Revenue $205,179 $138,666 +0.5%
Expenses $198,546 N/A N/A
Net Income $6,633 $138,666 -1.0%
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
14
Independent Members
12
Employees
1
Volunteers
12

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
$42,735
Total Directors
2
$42,735
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephanie Adams Executive Dir. 40.00
Officer Director
$42,735 $0 $42,735
Steve Adams President 0.00
Officer 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
2021 $205,179 $198,546 $19,264 $6,633
2020 $138,666 No data No data No data
2019 $83,496 $71,369 $34,180 $12,127
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