Discover Torrance

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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

Principal Officer

Linda Amato

Phone

3108027777

Tax Period

2025-01-01 to 2025-12-31

Discover Torrance, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $881K in total revenue in fiscal year 2025. Expenses of $1.1M exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PROMOTE TRAVEL AND TOURISM IN THE CITY OF TORRANCE AND ENHANCE THE HOTEL AND LODGING INDUSTRY.

Program Service Accomplishments

Program 1

THE ENTITY'S EFFORTS TO MARKET THE CITY OF TORRANCE THROUGH SOCIAL MEDIA HAS ACHIEVED POSITIVE RESULTS EVIDENCED BY INCREASING INTERNET TRAFFIC TO THEIR WEBSITES.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $866,844

Investment Income $13,849

Other Revenue $0

TOTAL REVENUE $880,693

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,610

Fundraising Expenses $0

Other Expenses $930,945

TOTAL EXPENSES $1,108,555

Year-over-Year Comparison

	2025	2024	Change
Revenue	$880,693	$886,313	0.0%
Expenses	$1,108,555	$1,106,036	+0.0%
Net Income	$-227,862	$-219,723	+0.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Diana Huerta	Director	0.50	Director	$0	$0	$0
James Wroblewski	Director	0.50	Director	$0	$0	$0
Brittany Hernandez	Director	0.50	Director	$0	$0	$0
Zachari Mateev	Director	0.50	Director	$0	$0	$0
Falicia Foster	Director	0.50	Director	$0	$0	$0
Hitoshi Hirosue	Director	0.50	Director	$0	$0	$0
Donna Duperron	Ex-Officio	0.50	Director	$0	$0	$0
Kevin Woo	Director	0.50	Director	$0	$0	$0
Ed Apodaca	Secretary	0.50	Director	$0	$0	$0
Douglas Wu	Director	0.50	Director	$0	$0	$0
Sal Al-Ezzani	Director	0.50	Director	$0	$0	$0
Kevin Chen	Director	0.50	Director	$0	$0	$0
Linda Amato	Chairman	0.50	Officer	$0	$0	$0
Mike Patel	Treasurer	0.50	Officer	$0	$0	$0
Fran Fulton	Executive Dir.	0.50	Officer	$0	$0	$0
Moses Qidwai	Director	0.50	Officer	$0	$0	$0
Neera Chanani	Vice Chair	0.50	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	$880,693	$1,108,555	$907,928	$-227,862
2024	$886,313	$1,106,036	$1,135,578	$-219,723
2023	$921,782	$1,000,475	$1,355,283	$-78,693
2022	$769,297	$903,620	$1,433,785	$-134,323
2021	$553,392	$860,670	$1,530,262	$-307,278
2021	$591,325	$860,670	$1,568,195	$-269,345
2020	$543,750	$502,577	$1,836,976	$41,173
2019	$879,572	$844,884	$1,795,803	$34,688
2018	$920,546	$816,083	$1,761,115	$104,463