LA JOLLA COMMUNITY FOUNDATION

EIN: 352754824 501(c)(3) Community Improvement

LA JOLLA, CA

Total Revenue
$1,900,276
Total Expenses
$303,214
Total Assets
$1,686,981
Net Assets
$1,612,239
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
LIDIA ROSSNER
Phone
8585589200
Tax Period
2022-07-01 to 2023-06-30

LA JOLLA COMMUNITY FOUNDATION, founded in 2022, is a community nonprofit in the Community Improvement sector that reported $1.9M in total revenue in fiscal year 2022. Revenue surged 7458% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 84% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE THE LA JOLLA, CALIFORNIA, COMMUNITY BY COMBATTING COMMUNITY DETERIORATION, IMPROVING CONDITIONS, IDENTIFYING COMMUNITY PROBLEMS AND ENCOURAGING RESOLUTIONS, ENHANCING PUBLIC PORTIONS OF THE COMMUNITY THROUGH PUBLIC ART, LANDSCAPE AND ARCHITECTURAL IMPROVEMENTS, AND FOR RELATED PURPOSES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,875,457
Program Service Revenue $0
Investment Income $24,819
Other Revenue $0
TOTAL REVENUE $1,900,276

Expense Breakdown

Grants Paid $0
Salaries & Benefits $122,465
Fundraising Expenses $55,846
Program Expenses $148,085
Other Expenses $180,749
TOTAL EXPENSES $303,214

Year-over-Year Comparison

2022 2021 Change
Revenue $1,900,276 $25,143 +74.6%
Expenses $303,214 $14,576 +19.8%
Net Income $1,597,062 $10,567 +150.1%
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
14
Independent Members
14
Employees
1
Volunteers
14

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
5
$115,997
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LIDIA ROSSNER EXECUTIVE DI 40.00
Officer
$109,997 $6,000 $115,997
SHERRY AHERN BOARD MEMBER 0.50
Director
$0 $0 $0
BETH BOWMAN BOARD MEMBER 0.50
Director
$0 $0 $0
JULIE BRONSTEIN BOARD MEMBER 0.50
Director
$0 $0 $0
DAWN DAVIDSON BOARD MEMBER 0.50
Director
$0 $0 $0
JULIE DUBIK SECRETARY 2.00
Officer Director
$0 $0 $0
CHERYL GARFIN BOARD MEMBER 0.50
Director
$0 $0 $0
GEORGE HAUER TREASURER 2.00
Officer Director
$0 $0 $0
MASIS KEVORKIAN BOARD MEMBER 0.50
Director
$0 $0 $0
SUSAN MCCLELLAN BOARD MEMBER 0.50
Director
$0 $0 $0
JACK MCGRORY BOARD MEMBER 2.00
Director
$0 $0 $0
ANDREW NELSON VICE CHAIR 4.00
Officer Director
$0 $0 $0
PHYLLIS PFEIFFER CHAIR 8.00
Officer Director
$0 $0 $0
MARYANNE PFISTER BOARD MEMBER 3.00
Director
$0 $0 $0
SUE WAGENER BOARD MEMBER 2.00
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 No data No data No data No data
2024 No data No data No data No data
2023 $1,900,276 $303,214 $1,686,981 $1,597,062
2022 $25,143 $14,576 $10,567 $10,567
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