LOS ANGELES CHALLENGE CORPORATION (EIN 470864273) - 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

2001

Legal Domicile

Principal Officer

GREG ALESSANDRA

Phone

3103772412

Tax Period

2022-01-01 to 2022-12-31

LOS ANGELES CHALLENGE CORPORATION, founded in 2001, is a small nonprofit in the Education sector that reported $274K in total revenue in fiscal year 2022. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $81K, a strong 30% operating margin.

Mission

TO PROVIDE ASSISTANCE IN TUITION AND EDUCATIONAL EXPENSES FOR ECONOMICALLY DISADVANTAGED CHILDREN TO REALIZE THEIR FULL POTENTIAL AND TO OBTAIN A QUALITY EDUCATION.

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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 (2022)

Revenue Breakdown

Contributions & Grants $272,036

Program Service Revenue $0

Investment Income $8,898

Other Revenue $-7,232

TOTAL REVENUE $273,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,935

Fundraising Expenses $10,158

Program Expenses $155,165

Other Expenses $158,911

TOTAL EXPENSES $192,846

Year-over-Year Comparison

	2022	2021	Change
Revenue	$273,702	$150,603	+0.8%
Expenses	$192,846	$222,749	-0.1%
Net Income	$80,856	$-72,146	-2.1%

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

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
BARBARA ADDLEMAN	Vice President	2.00	Officer Director	$0	$0	$0
GREG ALESSANDRA	President	5.00	Officer Director	$0	$0	$0
KIM EDWARDS	Treasurer	2.00	Officer Director	$0	$0	$0
DIAMON FISCHER	Director	2.00	Director	$0	$0	$0
KRISTEN THOMSPON	Secretary	2.00	Officer 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
2024	No data	No data	No data	No data
2022	$273,702	$192,846	$438,772	$80,856
2021	$150,603	$222,749	$379,807	$-72,146
2020	$224,395	$170,359	$448,720	$54,036

LOS ANGELES CHALLENGE CORPORATION