The Center for Strategic Economic … - Form 990 Financial Data

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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

Principal Officer

Tunua Thrash-Ntuk

Phone

2132829875

Tax Period

2024-01-01 to 2024-12-31

The Center for Strategic Economic Studies and Institutional Development, founded in 2015, is a mid-sized nonprofit in the Community Improvement sector that reported $88.0M in total revenue in fiscal year 2024. Revenue surged 2434% from the prior year, signaling strong growth momentum.

Mission

THE CENTER BY LENDISTRY IS A NONPROFIT ORGANIZATION THAT SUPPORTS DIVERSE SMALL BUSINESSES THROUGH EDUCATION, TECHNICAL ASSISTANCE, AND ACCESS TO COMPETITIVE FINANCING. OUR MISSION IS TO CLOSE THE WEALTH GAP BY ANCHORING SMALL BUSINESSES AND THE COMMUNITIES WHERE THEY DO BUSINESS.

Program Service Accomplishments

Program 1

Expenses: $84,838,083 Revenue: $85,871,054

Los Angeles County Rent Relief Program- The Los Angeles County Department of Consumer and Business Affairs (DCBA) launched the LA County Rent Relief Program on December 12, 2023, dispersing financial relief to landlords throughout Los Angeles County adversely affected by the COVID-19 pandemic. Administered by The Center, the program's community partners delivered technical assistance to 6,000 applicants. This support was key in reaching those most in need.

Program 2

Expenses: $620,446

Small Business Accelerators- The Center provided over 100 businesses with access to intensive accelerator services to support business growth, local job creation, and wealth building for communities. These accelerators focus on specific growth mechanisms including digital growth and online sales, government and supply chain contracting and procurement, scaling through brick and mortar, and other foundational business growth activities.

Program 3

Expenses: $224,806

SSBCI Capital readiness Program- TCbL was selected to be the technical assistance training partner for CalOSBAs SSBCI Technical Assistance Program. In 2024 TCbl completed assessments of 30 partner...

SSBCI Capital readiness Program- TCbL was selected to be the technical assistance training partner for CalOSBAs SSBCI Technical Assistance Program. In 2024 TCbl completed assessments of 30 partner organizations and developed dozens of train the trainer resources for the network.

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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 (2024)

Revenue Breakdown

Contributions & Grants $87,516,223

Program Service Revenue $490,362

Investment Income $0

Other Revenue $0

TOTAL REVENUE $88,006,585

Expense Breakdown

Grants Paid $160,000

Salaries & Benefits $802,665

Fundraising Expenses $156,279

Program Expenses $86,187,824

Other Expenses $85,669,523

TOTAL EXPENSES $86,632,188

Year-over-Year Comparison

	2024	2023	Change
Revenue	$88,006,585	$3,473,182	+24.3%
Expenses	$86,632,188	$3,071,248	+27.2%
Net Income	$1,374,397	$401,934	+2.4%

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

N/A

Volunteers

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

$471,382

Total Directors

$286,888

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tunua Thrash-Ntuk	President & CEO	40.00	Officer Director	$270,356	$16,532	$286,888
Miranda Rodriguez	Vice President	40.00	Officer	$154,222	$30,272	$184,494
Marina Garcia	Sr Project Mngr	40.00		$117,845	$17,449	$135,294
Stan Washington	Chair	5.00	Officer Director	$0	$0	$0
Adey Tesafaye	Treasurer	5.00	Officer Director	$0	$0	$0
McKell Beamon	Secretary	4.00	Officer Director	$0	$0	$0
Warren Chambers	Board Member	3.00	Director	$0	$0	$0
Leeann Lynch	Board Member	5.00	Director	$0	$0	$0
P David Bramble	Board Member	3.00	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	$88,006,585	$86,632,188	$5,986,983	$1,374,397
2023	$3,473,182	$3,071,248	$2,721,946	$401,934
2022	$424,696	$1,115,403	$543,226	$-690,707
2021	$2,337,084	$1,741,730	$980,963	$595,354
2020	$2,637,750	$2,632,687	$728,629	$5,063
2019	$105,123	$106,489	$211,689	$-1,366
2018	$163,500	$38,570	$173,110	$124,930

The Center for Strategic Economic Studies and Institutional Development