MIDTOWN LOS ANGELES HOMELESS COALI… - Form 990 Financial Data

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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

2013

Legal Domicile

Principal Officer

Paul Sobel

Phone

3238545333

Tax Period

2021-01-01 to 2021-12-31

MIDTOWN LOS ANGELES HOMELESS COALITION, founded in 2013, is a micro nonprofit in the Housing & Shelter sector that reported $150 in total revenue in fiscal year 2021. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $4K exceeded revenue, resulting in a 2404% operating deficit.

Mission

Midtowns mission is to financially support highly effective organizations that provide service to the homeless community in the Greater Los Angeles area.

Program Service Accomplishments

Program 1

Financial support granted to Greater West Hollywood Food Coalition

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $150

TOTAL REVENUE $150

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,756

TOTAL EXPENSES $3,756

Year-over-Year Comparison

	2021	2020	Change
Revenue	$150	$15,000	-1.0%
Expenses	$3,756	$4,522	-0.2%
Net Income	$-3,606	$10,478	-1.3%

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
Paul Sobel	President CEO	010.00	Officer Director	$0	$0	$0
Kara Corwin	Director	001.00	Director	$0	$0	$0
Elan Sobel	Director	001.00	Director	$0	$0	$0
Tamara Sobel	Director	001.00	Director	$0	$0	$0
Barbara Pflaumer	Director	001.00	Director	$0	$0	$0
Frances Juni	Director	001.00	Director	$0	$0	$0
Emily Uyeda Kantrim	Director	001.00	Director	$0	$0	$0
Scott Epstein	Director	001.00	Director	$0	$0	$0
Tammy Rosato	Director	001.00	Director	$0	$0	$0
David Sobel	Director	001.00	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	$150	$3,756	$16,445	$-3,606
2020	$15,000	$4,522	$20,051	$10,478
2019	$11,466	$7,074	$9,574	$4,392
2018	$2	$12,748	$5,182	$-12,746

MIDTOWN LOS ANGELES HOMELESS COALITION