ARTS DISTRICT COMMUNITY COUNCIL LA (EIN 463206865) - 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

2013

Legal Domicile

Principal Officer

LAURA VELKEI

Phone

2133949164

Tax Period

2023-01-01 to 2023-12-31

ARTS DISTRICT COMMUNITY COUNCIL LA, founded in 2013, is a small nonprofit in the Community Improvement sector that reported $244K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 36% operating margin.

Mission

OUR MISSION IS TO ADDRESS THE URBAN LIFESTYLE NEEDS OF THE COMMUNITY STAKEHOLDERS LIVING AND WORKING IN THE ARTS DISTRICT

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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 (2023)

Revenue Breakdown

Contributions & Grants $149,141

Program Service Revenue $0

Investment Income $94,913

Other Revenue $0

TOTAL REVENUE $244,054

Expense Breakdown

Grants Paid $36,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,281

Other Expenses $119,337

TOTAL EXPENSES $155,337

Year-over-Year Comparison

	2023	2022	Change
Revenue	$244,054	$142,749	+0.7%
Expenses	$155,337	$128,676	+0.2%
Net Income	$88,717	$14,073	+5.3%

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

N/A

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
LAURA VELKEI	PRESIDENT	15.00	Officer Director	$0	$0	$0
GABRIELLE NEWMARK	SECRETARY	10.00	Officer Director	$0	$0	$0
HARLEY CROSS	DIRECTOR	3.000	Director	$0	$0	$0
TIMOTHY KREHBIEL	DIRECTOR	2.000	Director	$0	$0	$0
YUVAL BAR-ZEMER	TREASURER	10.00	Officer Director	$0	$0	$0
DAVID CERWONKA	DIRECTOR	2.000	Director	$0	$0	$0
TODD TERRAZAS	DIRECTOR	2.000	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$244,054	$155,337	$3,159,701	$88,717
2022	$142,749	$128,676	$3,070,984	$14,073
2021	$105,718	$116,536	$3,056,911	$-10,818
2020	$39,743	$61,501	$3,067,729	$-21,758
2019	$3,123,520	$85,900	$3,052,066	$3,037,620

ARTS DISTRICT COMMUNITY COUNCIL LA