FRIENDS OF BROADWAY ELEMENTARY SCHOOL

EIN: 273371844 501(c)(3) Education

VENICE, CA

Total Revenue
$491,241
Total Expenses
$551,620
Total Assets
$599,011
Net Assets
$598,546
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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
2010
Legal Domicile
CA
Principal Officer
JAMES BAKER
Phone
3103924944
Tax Period
2023-07-01 to 2024-06-30

FRIENDS OF BROADWAY ELEMENTARY SCHOOL, founded in 2010, is a small nonprofit in the Education sector that reported $491K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $552K exceeded revenue, resulting in a 12% operating deficit.

Mission

FRIENDS OF BROADWAY ELEMENTARY SCHOOL IS THE PARENT-VOLUNTEER, NON-PROFIT ORGANIZATION THAT SUPPORTS BROADWAY ELEMENTARY SCHOOL. THE FUNDS RAISED THROUGH ITS EFFORTS SUPPLEMENT THE SCHOOL'S OPERATIONAL BUDGET TO BRING SUPPORT AND ENRICHMENTS TO ALL OF BROADWAY'S STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $77,392
Program Service Revenue $372,966
Investment Income $2,214
Other Revenue $38,669
TOTAL REVENUE $491,241

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,199
Other Expenses $551,620
TOTAL EXPENSES $551,620

Year-over-Year Comparison

2023 2022 Change
Revenue $491,241 $417,533 +0.2%
Expenses $551,620 $309,247 +0.8%
Net Income $-60,379 $108,286 -1.6%
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
14
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
13
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES BAKER PRESIDENT 10.00
Director
$0 $0 $0
MARIE GRACE ALBAN BOARD MEMBER 10.00
Officer
$0 $0 $0
FERNANDO CARVAJAL VICE PRESIDE 10.00
Officer
$0 $0 $0
WILL COOPER VICE PRESIDE 10.00
Officer
$0 $0 $0
SHEEN HE BOARD MEMBER 10.00
Officer
$0 $0 $0
LINNA HSII BOARD MEMBER 10.00
Officer
$0 $0 $0
BELINDA MA BOARD MEMBER 10.00
Officer
$0 $0 $0
VANESSA RAY COMMUNICATIO 10.00
Officer
$0 $0 $0
WENDY RAY SECRETARY 10.00
Officer
$0 $0 $0
ROSS RUIZ BOARD MEMBER 10.00
Officer
$0 $0 $0
ANGELINA SHLECTER TREASURER 10.00
Officer
$0 $0 $0
JONATHAN WANG BOARD MEMBER 10.00
Officer
$0 $0 $0
LEILA WU BOARD MEMBER 10.00
Officer
$0 $0 $0
KIMBERLEY TSO YIN FUNDRAISING 10.00
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 $491,241 $551,620 $599,011 $-60,379
2023 $417,533 $309,247 $741,653 $108,286
2022 $392,800 $314,366 $567,731 $78,434
2021 $319,463 $564,140 $718,672 $-244,677
2020 $502,669 $93,895 $733,091 $408,774
2019 $503,665 $672,190 $306,338 $-168,525
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