CENTRAL AVENUE BETTERMENT ASSOCIATION (EIN 480876365) - 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

1977

Legal Domicile

Principal Officer

Jose Rodriquez

Phone

9132819222

Tax Period

2023-01-01 to 2023-12-31

CENTRAL AVENUE BETTERMENT ASSOCIATION, founded in 1977, is a small nonprofit that reported $248K in total revenue in fiscal year 2023. Expenses of $281K exceeded revenue, resulting in a 14% operating deficit.

Mission

To improve the quality of life and economic development of the Central Avenue area and its territory of operation.

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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 $223,436

Program Service Revenue $24,311

Investment Income $0

Other Revenue $0

TOTAL REVENUE $247,747

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $64,590

Fundraising Expenses $22,631

Program Expenses $203,685

Other Expenses $215,292

TOTAL EXPENSES $281,382

Year-over-Year Comparison

	2023	2022	Change
Revenue	$247,747	$231,643	+0.1%
Expenses	$281,382	$219,061	+0.3%
Net Income	$-33,635	$12,582	-3.7%

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

1050

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

$60,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Edgar Galicia	Executive Director	50	Officer	$60,000	$0	$60,000
Jose Rodriquez	Board Chairman	20	Officer Director	$0	$0	$0
Elisa Arzabala	Board Treasurer	18	Officer Director	$0	$0	$0
Rene Hernandez	Board Secretary	10	Officer Director	$0	$0	$0
Randy Lopez	Board Member	10	Director	$0	$0	$0
Alma Perez	Board Member	18	Director	$0	$0	$0
Jorge Soberon	Board Member	15	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	$247,747	$281,382	$723,992	$-33,635
2022	$231,643	$219,061	$139,422	$12,582
2019	$166,638	$142,127	$90,203	$24,511

CENTRAL AVENUE BETTERMENT ASSOCIATION