FREEDOM LOVING YOUTH INC

EIN: 465636452 501(c)(3) Youth Development

GLENDALE, CA

Total Revenue
$351,204
Total Expenses
$117,864
Total Assets
$797,038
Net Assets
$786,385
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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
CA
Phone
6264637237
Tax Period
2023-11-01 to 2024-10-31

FREEDOM LOVING YOUTH INC, founded in 2013, is a small nonprofit in the Youth Development sector that reported $351K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $233K, a strong 66% operating margin.

Mission

TO TRANSFORM THE LIVES OF ORPHANS AND CHILDREN THAT FACE POVERTY, WAR, ILLNESS, NEGLECT AND ABUSE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $351,204
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $351,204

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,476
Fundraising Expenses $0
Program Expenses $117,864
Other Expenses $112,388
TOTAL EXPENSES $117,864

Year-over-Year Comparison

2023 2022 Change
Revenue $351,204 $306,548 +0.1%
Expenses $117,864 $165,041 -0.3%
Net Income $233,340 $141,507 +0.6%
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

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Governance

Voting Members
5
Independent Members
5
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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAROLINE SAMUELIAN President 20.00
Director
$0 $0 $0
FR ARMENAG BEDROSSIAN Vice President 5.00
Officer
$0 $0 $0
LUCY TAHANIAN Treasurer 5.00
Officer
$0 $0 $0
ANNA QUZIAN BOARD MEMBER 5.00
Officer
$0 $0 $0
VASKEN SAMUELIAN BOARD MEMBER 5.00
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
2024 $351,204 $117,864 $797,038 $233,340
2023 $306,548 $165,041 $553,044 $141,507
2022 $129,829 $88,972 $411,537 $40,857
2021 $225,910 $139,556 $379,573 $86,354
2020 $181,431 $97,989 $294,674 $83,442
2019 $198,770 $94,385 $203,832 $104,385
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