Los Angeles, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
Truth Awards: The award ceremony was created in 2015 to highlight the contributions of the Black LGBTQ community and its allies. The goal of the award ceremony is to refocus the lens through which...
Truth Awards: The award ceremony was created in 2015 to highlight the contributions of the Black LGBTQ community and its allies. The goal of the award ceremony is to refocus the lens through which the Black LGBTQ community is seen and perceived by showcasing examples of courage, leadership and excellence. Held annually, the awards ceremony also supports scholarships provided to LGBTQ youth attending college and vocational programs. The award ceremony averages 500 attendees, 1.5 million social media impressions, and garners national media attention. Since 2020, the award ceremony has been broadcasted nationally on the Fox Soul network and KTLA 5, viewed by their 44 million subscribers.
To increase scholarships for LGBTQ+ youth, each year a fundraiser is held where attendees attend a dinner gathering. Attendees have an opportunity to network and socialize while donating to the...
To increase scholarships for LGBTQ+ youth, each year a fundraiser is held where attendees attend a dinner gathering. Attendees have an opportunity to network and socialize while donating to the scholarship fund. Former scholarship recipients attend and provide attendees with an update of their educational/academic pursuits and thank attendees for their contributions. Attendees: 100
Quarterly, BBLA sponsors a series of facilitated discussions where expert panelist provide attendees with information on a host of issues. Topics have included mental health, Covid-19/Monkey Pox...
Quarterly, BBLA sponsors a series of facilitated discussions where expert panelist provide attendees with information on a host of issues. Topics have included mental health, Covid-19/Monkey Pox Vaccination, and family related social services. These engagements allow individuals to meet and share common experiences and reinforce a sense of community while continuing to be responsive to health concerns and whole person care.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| S Michelle Seaton | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Erica Graves | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Andre Scipio | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Vincent Holmes | President | 0.00 |
Director
|
$0 | $0 | $0 |
| Varian Hamilton | Vice President | 0.00 |
Director
|
$0 | $0 | $0 |
| 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 |
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