Better Brothers Los Angeles Corporation (EIN 474391440) - 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

2015

Legal Domicile

Phone

8184300114

Tax Period

2023-01-01 to 2023-12-31

Better Brothers Los Angeles Corporation, founded in 2015, is a small nonprofit in the Community Improvement sector that reported $317K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $371K exceeded revenue, resulting in a 17% operating deficit.

Mission

The specific purposes for which Better Brothers Los Angeles is organized are: To create, implement and support social and educational programming that educates, informs and strengthens LGBTQ communities of color. To provide programming and support services to LGBTQ communities of color that increase social well-being and psycho-social development while improving the perception and interaction of LGBTQ individuals in their respective ethnic communities. To increase financial and health opportunities through educational efforts that strengthen the stability of LGBTQ communities of color.

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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 $317,304

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $317,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $369,472

Other Expenses $370,599

TOTAL EXPENSES $370,599

Year-over-Year Comparison

	2023	2022	Change
Revenue	$317,309	$268,295	+0.2%
Expenses	$370,599	$251,637	+0.5%
Net Income	$-53,290	$16,658	-4.2%

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	Role	Reportable Comp	Other Comp	Total
S Michelle Seaton	Trustee	Director	$0	$0	$0
Erica Graves	Trustee	Director	$0	$0	$0
Andre Scipio	Trustee	Director	$0	$0	$0
Vincent Holmes	President	Director	$0	$0	$0
Varian Hamilton	Vice President	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
2023	$317,309	$370,599	$73,026	$-53,290
2022	$268,295	$251,637	$126,316	$16,658

Better Brothers Los Angeles Corporation