THE CHANGE REACTION

EIN: 384128902 501(c)(3) Human Services

SHERMAN OAKS, CA

Total Revenue
$2,449,809
Total Expenses
$3,665,773
Total Assets
$115,118
Net Assets
$108,431
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
GREGORY F PERLMAN
Phone
8188080600
Tax Period
2023-01-01 to 2023-12-31

THE CHANGE REACTION, founded in 2019, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $3.7M exceeded revenue, resulting in a 50% operating deficit.

Mission

The Change Reaction is a philosophy of giving that offers maximum joy for donors and maximum impact for recipients. We provide direct grants to hardworking people who are experiencing hardships or who have opportunities to further their success but do not have the financial support they need to succeed. By partnering with well-established organizations, we transfer philanthropy to frontline staff who have access to resources not previously available. The result is that caseworkers on the frontlines say yes more often than no to clients in need.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,443,309
Program Service Revenue $0
Investment Income $6,500
Other Revenue $0
TOTAL REVENUE $2,449,809

Expense Breakdown

Grants Paid $1,943,447
Salaries & Benefits $1,135,220
Fundraising Expenses $231,247
Program Expenses $2,623,397
Other Expenses $587,106
TOTAL EXPENSES $3,665,773

Year-over-Year Comparison

2023 2022 Change
Revenue $2,449,809 $4,906,918 -0.5%
Expenses $3,665,773 $3,609,653 +0.0%
Net Income $-1,215,964 $1,297,265 -1.9%
Key Indicators
✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
2
Employees
8
Volunteers
32

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
4
$464,330
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WADE TRIMMER President 40.00
Officer
$250,391 $0 $250,391
KENNETH GROUF COO 40.00
Officer
$213,939 $0 $213,939
DAPHNA NISSANOFF-GERENDASH SENIOR DIRECTOR OF PROGRAMS 40.00
$160,001 $0 $160,001
MELISSA CHAMPION EXEC. ASSISTANT 40.00
$99,175 $0 $99,175
GREGORY F PERLMAN CEO 10.00
Officer Director
$0 $0 $0
JODI D PERLMAN Secretary 5.00
Officer 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 No data No data No data No data
2023 $2,449,809 $3,665,773 $115,118 $-1,215,964
2022 $4,906,918 $3,609,653 $1,326,800 $1,297,265
2021 $1,666,806 $1,729,379 $27,505 $-62,573
2020 $1,950,757 $1,936,468 $110,992 $14,289
2019 $271,600 $196,160 $116,725 $75,440
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE CHANGE REACTION with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.