Long Beach Education Foundation (EIN 330357679) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

Margaret Lam

Phone

5629978000

Tax Period

2024-07-01 to 2025-06-30

Long Beach Education Foundation, founded in 1989, is a small nonprofit in the Education sector that reported $674K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $1.3M exceeded revenue, resulting in a 95% operating deficit.

Mission

ENCOURAGING THE SUCCESSES OF STUDENTS IN THE LONG BEACH UNIFIED SCHOOL DISTRICT BY RECOGNIZING EXCELLENCE, SUPPORTING EFFORTS TO IMPROVE EDUCATION, AND ASSISTING THE DISTRICT TO ENABLE ALL STUDENTS TO LEARN AND BECOME RESPONSIBLE, PRODUCTIVE MEMBERS OF A COMPETITIVE SOCIETY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $595,433

Program Service Revenue $0

Investment Income $710

Other Revenue $78,018

TOTAL REVENUE $674,161

Expense Breakdown

Grants Paid $71,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,308,632

Other Expenses $1,244,529

TOTAL EXPENSES $1,316,029

Year-over-Year Comparison

	2024	2023	Change
Revenue	$674,161	$1,812,523	-0.6%
Expenses	$1,316,029	$2,066,208	-0.4%
Net Income	$-641,868	$-253,685	+1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Henry Fung	President	1.00	Officer Director	$0	$0	$0
Dr Lucy Salazar	Executive Dir.	21.00	Officer Director	$0	$0	$0
Dr Tiffany Brown	1st Vice Pres	3.00	Officer Director	$0	$0	$0
Jeff Fellenzer	2nd Vice Pres	1.00	Officer Director	$0	$0	$0
Debbie Ecing	Director	1.00	Director	$0	$0	$0
Dr Jay Camerino	Director	3.00	Director	$0	$0	$0
LaShell Diggs	Director	1.00	Director	$0	$0	$0
Walter Larkins	Director	1.00	Director	$0	$0	$0
Alma Torres	CFO	15.00	Officer Director	$0	$0	$0
Chris Eftychiou	Director	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
2025	$674,161	$1,316,029	$847,194	$-641,868
2024	$1,812,523	$2,066,208	$1,489,062	$-253,685
2023	$1,546,762	$2,791,234	$1,742,747	$-1,244,472
2022	$1,338,378	$1,141,270	$2,987,219	$197,108
2021	$1,206,563	$838,680	$2,877,148	$367,883
2020	$955,704	$893,791	$2,506,282	$61,913
2019	$7,992,096	$8,279,984	$2,603,970	$-287,888
2018	$4,438,590	$4,613,058	$2,844,172	$-174,468

Long Beach Education Foundation