GRUPO NUEVO LOS ANGELES

🔒

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

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

ERIC HEGGEN

Phone

2134173413

Tax Period

2022-07-01 to 2023-06-30

GRUPO NUEVO LOS ANGELES, founded in 2012, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2022. Expenses of $2.0M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO SUPPORT THE CALIFORNIA CHARTER SCHOOLS RUN BY CAMINO NUEVO CHARTER ACADEMY.

Program Service Accomplishments

Program 1

Expenses: $1,881,917 Revenue: $1,736,995

GRUPO NUEVO LOS ANGELES RENTS PROPERTY TO CAMINO NUEVO CHARTER ACADEMY TO OPERATE CALIFORNIA CHARTER SCHOOLS.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $1,736,995

Investment Income $0

Other Revenue $1,059

TOTAL REVENUE $1,739,054

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,881,917

Other Expenses $1,974,436

TOTAL EXPENSES $1,974,436

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,739,054	$1,753,227	0.0%
Expenses	$1,974,436	$1,848,974	+0.1%
Net Income	$-235,382	$-95,747	+1.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$195,301

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC HEGGEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
JERRY RUIZ	TREASURER	1.00	Director	$0	$0	$0
PHILIP LANCE	DIRECTOR	1.00	Director	$0	$0	$0
DAN ARDELL	DIRECTOR	1.00	Director	$0	$0	$0
ADRIANA ABICH	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$42,623	$195,301

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	$1,739,054	$1,974,436	$34,841,295	$-235,382
2022	$1,753,227	$1,848,974	$34,971,322	$-95,747
2021	$1,937,890	$1,669,817	$35,607,434	$268,073
2020	$1,584,024	$1,767,892	$35,105,854	$-183,868
2019	$1,368,652	$1,608,782	$35,812,721	$-240,130
2018	$1,151,555	$1,536,123	$30,462,875	$-384,568