OUR COMMUNITY LA FKA OUR CHILDREN LA

EIN: 273782128 501(c)(3) Human Services

SANTA MONICA, CA

Total Revenue
$346,161
Total Expenses
$208,571
Total Assets
$279,485
Net Assets
$279,485
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
CA
Principal Officer
DENISE MCCAIN-THARNSTROM
Phone
3106331976
Tax Period
2024-01-01 to 2024-12-31

OUR COMMUNITY LA FKA OUR CHILDREN LA, founded in 2011, is a small nonprofit in the Human Services sector that reported $346K in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $138K, a strong 40% operating margin.

Mission

OUR COMMUNITY LA (OCLA) IS A VOLUNTEER-LED, 501(C)3 ORGANIZATION THAT LEVERAGES TECHNOLOGY FOR SOCIAL GOOD FOR THE BENEFIT OF HOMELESS AND NEARLY HOMELESS INDIVIDUALS AND FAMILIES. USING MOBILE COMMUNICATION AND WEB-BASED RESOURCES, OCLA EMPOWERS HOMELESS AND AT-RISK YOUTH, STUDENTS, FAMILIES, SENIORS AND SINGLE ADULTS TO FACILITATE POSITIVE CHANGE IN THEIR LIVES. OCLA'S PROGRAMS ARE PURPOSEFULLY DESIGNED TO EMPOWER HOMELESS AND HOUSING-INSECURE PERSONS OF ALL AGES AND SUPPORT THEIR ABILITY TO EASILY LOCATE AND CONNECT TO NEEDED LOCAL SERVICE PROVIDERS. OUR PROGRAMS INCLUDE: 1) THE FREE AND CONFIDENTIAL WIN WHAT I NEED (WIN) MOBILE APP WHICH EMPOWERS VULNERABLE AND RESOURCE INSECURE INDIVIDUALS TO ANONYMOUSLY SEARCH FOR AND CONNECT WITH NEARBY FREE OR SLIDING SCALE SUPPORTIVE SERVICES NEEDED TO BUILD A LIFE OUT OF POVERTY. WIN, DESIGNED WITH THE SUPPORT OF LA'S HOMELESS, IS TRULY "HELP IN THE PALM OF ONE'S HAND."

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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 (2024)

Revenue Breakdown

Contributions & Grants $349,205
Program Service Revenue $0
Investment Income $2,752
Other Revenue $-5,796
TOTAL REVENUE $346,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $90,814
Fundraising Expenses $0
Program Expenses $197,153
Other Expenses $117,757
TOTAL EXPENSES $208,571

Year-over-Year Comparison

2024 2023 Change
Revenue $346,161 $184,186 +0.9%
Expenses $208,571 $170,743 +0.2%
Net Income $137,590 $13,443 +9.2%
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

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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
7
Independent Members
7
Employees
16
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
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DENISE MCCAIN-THARNSTROM PRESIDENT AND FOUNDING CHAIR 50.00
Officer Director
$0 $0 $0
TUAN LE FOUNDING BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA SCHOONMAKER BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA DIMAGGIO BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM FINKELSTEIN BOARD MEMBER 1.00
Director
$0 $0 $0
SAMUEL J ASHE II BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY MAXWELL GILLIAM BOARD MEMBER 1.00
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
2024 $346,161 $208,571 $279,485 $137,590
2023 $184,186 $170,743 $141,895 $13,443
2022 $127,474 $141,889 $128,452 $-14,415
2021 $132,187 $138,626 $142,867 $-6,439
2020 $90,891 $87,402 $149,306 $3,489
2019 $88,783 $41,858 $150,329 $46,925
2018 $65,022 $30,427 $98,892 $34,595
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