2301 LA HOLDINGS (EIN 460555529) - Form 990 Financial Analysis & Trantor Score

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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

2012

Legal Domicile

Principal Officer

PASTOR TOMMY BARNETT

Phone

2132737000

Tax Period

2024-07-01 to 2025-06-30

2301 LA HOLDINGS, founded in 2012, is a small nonprofit in the Religion sector that reported $615K in total revenue in fiscal year 2024. Expenses of $2.1M exceeded revenue, resulting in a 246% operating deficit.

Mission

SUPPORTING THE DREAM CENTER, INC., A CALIFORNIA NONPROFIT RELIGIOUS CORPORATION, WHICH SHALL INCLUDE PROVIDING FINANCIAL AND OTHER RESOURCES TO ASSIST IN ADMINISTRATION OF ITS CHARITABLE PROGRAMS AND SUPPORT SERVICES. ALSO TO ACQUIRE, OWN, DEVELOP, LEASE AND OPERATE THE REAL AND PERSONAL PROPERTY LOCATED AT 2301 BELLEVUE AVE IN LOS ANGELES, CA FOR THE PURPOSE OF RUNNING REHABILATIONS PROGRAMS FOR TEENS AND ADULTS, SHELTERING VICTIMS OF HUMAN TRAFFICKING, PROVIDING SHELTER FOR HOMELESS FAMILIES, MOBILE HUNGER RELIEF AND MEDICAL PROGRAMS, AND FOSTER CARE OUTREACH.

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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 $0

Program Service Revenue $615,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $615,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,520,837

Other Expenses $2,130,894

TOTAL EXPENSES $2,130,894

Year-over-Year Comparison

	2024	2023	Change
Revenue	$615,000	$615,000	N/A
Expenses	$2,130,894	$2,129,811	+0.0%
Net Income	$-1,515,894	$-1,514,811	+0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PASTOR TOMMY BARNETT	PRESIDENT	5.00	Officer Director	$0	$0	$0
DR VINCE BERESFORD	DIRECTOR	5.00	Director	$0	$0	$0
GAYLE COOPER	DIRECTOR	5.00	Director	$0	$0	$0
RON COOPER	SECRETARY/TR	5.00	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	$615,000	$2,130,894	$30,151,700	$-1,515,894
2024	$615,000	$2,129,811	$31,586,937	$-1,514,811
2023	$615,000	$2,051,372	$33,021,094	$-1,436,372
2021	$615,000	$2,049,763	$35,913,795	$-1,434,763
2020	$736,463	$2,376,873	$37,348,558	$-1,640,410
2019	$335,721	$2,158,377	$38,967,311	$-1,822,656

2301 LA HOLDINGS