LICHET

EIN: 472023928 501(c)(3) Human Services

HUNTINGTON BEACH, CA

Total Revenue
$291,059
Total Expenses
$243,907
Total Assets
$57,612
Net Assets
$57,612
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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
2014
Legal Domicile
CA
Tax Period
2020-01-01 to 2020-12-31

LICHET, founded in 2014, is a small nonprofit in the Human Services sector that reported $291K in total revenue in fiscal year 2020. The organization ran a surplus of $47K, a strong 16% operating margin.

Mission

LiChét's purpose is to create a world of inclusion and awareness for people with disabilities - through employment education media housing and volunteer opportunities.

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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 (2020)

Revenue Breakdown

Contributions & Grants $172,373
Program Service Revenue $118,686
Investment Income $0
Other Revenue $0
TOTAL REVENUE $291,059

Expense Breakdown

Grants Paid $152,388
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $91,519
Other Expenses $91,519
TOTAL EXPENSES $243,907

Year-over-Year Comparison

2020 2019 Change
Revenue $291,059 N/A N/A
Expenses $243,907 N/A N/A
Net Income $47,152 $0 N/A
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
3
Independent Members
3
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Klodya Abramyan Treasurer 5.00
Officer
$0 $0 $0
Chet Cooper Secretary 20.00
Officer
$0 $0 $0
Lia Martirosyan President 20.00
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
2020 $291,059 $243,907 $57,612 $47,152
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