FAIR OPPORTUNITY FOR CHANGE INC

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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

2007

Legal Domicile

Principal Officer

REGINA FAIR

Phone

3239206431

Tax Period

2024-04-01 to 2025-03-31

FAIR OPPORTUNITY FOR CHANGE INC, founded in 2007, is a community nonprofit in the Crime & Legal sector that reported $3.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF FAIR OPPORTUNITY FOR CHANGE, INC. IS TO PROVIDE QUALITY INTERIM SUPPORTIVE HOUSING SERVICES TO HOMELESS SINGLE ADULTS AND FAMILIES WITH CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $3,063,854 Revenue: $3,306,328

FAIR OPPORTUNITY FOR CHANGE INC SERVICED APPROXIMATELY 720 INDIVIDUALS DURING THE FISCAL YEAR ENDED 3/31/25. THE SERVICES THAT WERE PROVIDED INCLUDE SUPPORTIVE INTERIM HOUSING, LIFE SKILL GROUPS...

FAIR OPPORTUNITY FOR CHANGE INC SERVICED APPROXIMATELY 720 INDIVIDUALS DURING THE FISCAL YEAR ENDED 3/31/25. THE SERVICES THAT WERE PROVIDED INCLUDE SUPPORTIVE INTERIM HOUSING, LIFE SKILL GROUPS, CASE MANAGEMENT, CLINICAL MENTAL HEALTH SERVICES, SUBSTANCE ABUSE COUNSELING SERVICES, RECREATIONAL TRIPS AND ACTIVITIES, THREE MEALS PER DAY, TRANSPORTATION SERVICES, CLOTHING, ARTS AND CRAFT, LAUNDRY/CLEANING SERVICES, HYGIENE PRODUCTS AND COMMUNITY REFERRALS AND LINKAGES TO ASSIST FAMILIES TO IDENTIFY PERMANENT HOUSING. OTHER SERVICES PROVIDED INCLUDE RENTAL ASSISTANCE AND COVID MITIGATION SERVICES WITH FREE RAPID TESTING. THESE SERVICES WERE PROVIDED UTILIZING ELEVEN SEPARATE INTERIM HOUSING LOCATIONS IN LOS ANGELES COUNTY. OUR GOAL IS TO CONTINUE TO COLLABORATE WITH THE CITY AND COUNTY OF LOS ANGELES TO LINK INDIVIDUALS AND FAMILIES TO PERMANENT HOUSING AND TO DECREASE THE NUMBER OF INDIVIDUALS THAT ARE HOMELESS WITHIN OUR COMMUNITY.

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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 $3,263,989

Program Service Revenue $42,339

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,306,328

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,621,822

Fundraising Expenses $0

Program Expenses $3,063,854

Other Expenses $1,632,268

TOTAL EXPENSES $3,254,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,306,328	$2,944,420	+0.1%
Expenses	$3,254,090	$3,131,390	+0.0%
Net Income	$52,238	$-186,970	-1.3%

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

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

$298,695

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGINA FAIR	EXECUTIVE DIRECTOR	40	Officer	$298,695	$0	$298,695
GRACE MAPP	CHAIRPERSON	2	Director	$0	$0	$0
YVETTE FERRER	SECRETARY	2	Director	$0	$0	$0
ERIC JONES	TREASURER	2	Director	$0	$0	$0
ROSALIND WESEY	BOARD MEMBER	2	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	$3,306,328	$3,254,090	$756,707	$52,238
2024	$2,944,420	$3,131,390	$949,567	$-186,970
2023	$2,493,523	$2,852,665	$1,281,979	$-359,142
2022	$2,331,373	$2,505,658	$949,312	$-174,285
2021	$2,626,181	$2,349,692	$709,592	$276,489
2019	$1,338,871	$1,314,978	No data	$23,893
2018	$565,339	$569,117	No data	$-3,778