Los Angeles Community Capital

🔒

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

FRANK I IGWEALOR

Phone

3108951839

Tax Period

2023-01-01 to 2023-12-31

Los Angeles Community Capital, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $750 in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

LACC successfully served 278 low-income persons and families needing financial literacy training/education, guidance regarding self-employm self-employment, small business development & entrepreneurship devpmt

Program Service Accomplishments

Program 1

Expenses: $750

Low-Income Persons Empowerment: (1) Help 23 low-income adults to pass professional exams for IN-DEMAND careers; (2) Helped 14 at-risk youths obtain GED and (3) Processed more than 2,125 phone/email inquiries from low-income persons on tax returns, guidance, and tips on their annual tax filings and related issues. Veterans Empowerment: (1) Assisted 27 veterans with business plan, entrepreneurship, finance/capital source, and start-up guide; (2) Provided 221 hours of bookkeeping, accounting, tax, and other technical assistance to veterans-entrepreneurs; and (3) Facilitated $1.9 million in loans to 12 low-income veteran entrepreneurs through borrowers counseling assistance.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $750

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $750

Other Expenses $750

TOTAL EXPENSES $750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$750	$1,000	-0.3%
Expenses	$750	$900	-0.2%
Net Income	$0	$100	-1.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANK I IGWEALOR	Director	N/A	Officer	$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
2023	$750	$750	$5,811,000	No data
2022	$1,000	$900	$5,917,160	$100