THE CENTER FOR INDEPENDENT CHARTER SCHOOLS

EIN: 454340029 501(c)(3)

LONG BEACH, CA

Total Revenue
N/A
Total Expenses
$106,266
Total Assets
N/A
Net Assets
N/A
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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
2011
Legal Domicile
CA
Principal Officer
LAURIE INMAN
Phone
5628226651
Tax Period
2020-07-01 to 2021-06-30

Mission

TO PROVIDE VALUABLE RESOURCES TO INDEPENDENT CHARTER SCHOOL LEADERS OF COLOR THAT SUPPORT THE ATTAINMENT OF THEIR ACADEMIC, FINANCIAL AND OPERATIONAL GOALS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $424
Other Expenses $106,266
TOTAL EXPENSES $106,266

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $34,208 -1.0%
Expenses $106,266 $159,021 -0.3%
Net Income N/A $-124,813 N/A
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

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Governance

Voting Members
5
Independent Members
5
Employees
1
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
3
$40,874
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURIE INMAN CHIEF EXECUTIVE 40.00
Officer
$40,874 $0 $40,874
PERRY PARKS CHAIR 1.00
Officer Director
$0 $0 $0
CAPRICE YOUNG TREASURER 1.00
Officer Director
$0 $0 $0
NATALIE ETHRIDGE MEMBER 1.00
Director
$0 $0 $0
ALFONSO PAZ MEMBER 1.00
Director
$0 $0 $0
RICARDO MIRELES MEMBER 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
2021 No data $106,266 No data No data
2020 $34,208 $159,021 $106,528 $-124,813
2019 $8,074 $377,333 $243,668 $-369,259
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