LAFH PHASE I QALICB INC

EIN: 474960359 501(c)(3) Housing & Shelter

NORTH HOLLYWOOD, CA

Total Revenue
N/A
Total Expenses
$200,542
Total Assets
$6,549,635
Net Assets
$6,546,075
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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
CA
Principal Officer
STEPHANIE KLASKY-GAMER
Phone
8189824091
Tax Period
2023-01-01 to 2023-12-31

Mission

HOMELESS SERVICES SEE PAGE 2 FOR MORE INFORMATION

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $196,932
Other Expenses $200,542
TOTAL EXPENSES $200,542

Year-over-Year Comparison

2023 2022 Change
Revenue N/A $9,464,653 -1.0%
Expenses $200,542 $407,546 -0.5%
Net Income N/A $9,057,107 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
5
Independent Members
4
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
3
$559,709
Total Directors
5
$559,709
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBBIE BURKART DIRECTOR 0.50
Director
$0 $0 $0
GREGG SHERKIN DIRECTOR 0.50
Director
$0 $0 $0
STEPHANIE KLASKY-GAMER CHAIR 0.50
Officer Director
$0 $0 $329,417
TOI CHISOM SECRETARY 0.50
Officer Director
$0 $0 $230,292
YASMIN TONG TREASURER 0.50
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
2023 No data $200,542 $6,549,635 No data
2022 $9,464,653 $407,546 $6,746,617 $9,057,107
2021 $400,320 $416,863 $8,764,712 $-16,543
2020 $405,462 $413,540 $8,753,645 $-8,078
2019 $489,648 $419,749 $8,740,804 $69,899
2018 $443,579 $433,981 $8,727,310 $9,598
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