ERIC PAREDES SAVE A LIFE FOUNDATIO… - 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

2010

Legal Domicile

Principal Officer

HECTOR H PAREDES

Phone

6195502129

Tax Period

2023-01-01 to 2023-12-31

ERIC PAREDES SAVE A LIFE FOUNDATION A CALIFORNIA PUBLIC BENEFIT CORPORATION, founded in 2010, is a small nonprofit in the Health Care sector that reported $149K in total revenue in fiscal year 2023. Revenue fell 51% from the prior year — a significant decline worth monitoring. Expenses of $353K exceeded revenue, resulting in a 136% operating deficit.

Mission

WE EDUCATE STUDENTS, PARENTS, EDUCATORS, COACHES, & OTHERS WORKING WITH YOUTH ABOUT SUDDEN CARDIAC ARREST. WE ADVOCATE FOR CARDIAC PREVENTION THROUGH RISK ASSESSMENTS, FREE HEART SCREENINGS, CPR/AED TRAINING, AED PLACEMENT & CARDIAC EMERGENCY RESPONSE PLANS IN SCHOOLS.

Program Service Accomplishments

Program 1

Expenses: $242,269

THE ERIC PAREDES SAVE A LIFE FOUNDATION IS VISUALIZING INITIATIVES TO STANDARDIZE PREVENTION OF SCA IN YOUTH IN THE PEDIATRICIAN'S OFFICE, ON THE FIELD AND IN THE CLASSROOM. LEVERAGING THE ROBUST...

THE ERIC PAREDES SAVE A LIFE FOUNDATION IS VISUALIZING INITIATIVES TO STANDARDIZE PREVENTION OF SCA IN YOUTH IN THE PEDIATRICIAN'S OFFICE, ON THE FIELD AND IN THE CLASSROOM. LEVERAGING THE ROBUST COLLABORATIONS WE'VE CREATED WITH STAKEHOLDERS AND TENURE WE'VE EARNED IN THOUGHT LEADERSHIP, OUR SCA INTERVENTION PROGRAMS MODEL HOW TO DRIVE COMPREHENSIVE SYSTEMIC CHANGE IN SCA HEALTH LITERACY AND PRIMARY AND SECONDARY PREVENTION PRACTICES. WE ARE DEVELOPING HEART SAFE SPORTS COMMUNITIES WITH OUR KEEP THEIR HEART IN THE GAME SCA PREVENTION COURSES; PROVIDING FREE ACCREDITED MEDICAL TRAINING THROUGH PRESCRIPTION FOR PREVENTION: CARDIAC RISK ASSESSMENT IN PRIMARY CARE; EDUCATING THE NEXT GENERATION OF LIFE-SAVERS WITH FREE SMART HEARTS DON'T MISS A BEAT CURRICULUM; AND EVOLVING PREVENTION POLICY BY SPONSORING STATE LAWS THAT ADVOCATE FOR CHANGE IN THE STANDARD OF CARE.

Program 2

Expenses: $59,858

SCREEN YOUR TEEN PROVIDES FREE HEART SCREENINGS TO YOUTH AGES 12 TO 25 TO IDENTIFY CARDIAC ABNORMALITIES THAT PUT 1 IN 300 AT RISK FOR SUDDEN CARDIAC ARREST (SCA). HEART SCREENINGS ARE NOT PART OF...

SCREEN YOUR TEEN PROVIDES FREE HEART SCREENINGS TO YOUTH AGES 12 TO 25 TO IDENTIFY CARDIAC ABNORMALITIES THAT PUT 1 IN 300 AT RISK FOR SUDDEN CARDIAC ARREST (SCA). HEART SCREENINGS ARE NOT PART OF WELL-CHILD CHECKUPS OR PRE-PARTICIPATION SPORTS PHYSICALS, EVEN THOUGH SCA IS THE #1 KILLER OF STUDENT ATHLETES AND THE LEADING CAUSE OF DEATH ON SCHOOL CAMPUSES. SCREENINGS INCLUDE A CARDIAC RISK ASSESSMENT, EKG (ELECTROCARDIOGRAM), ECHOCARDIOGRAM AND CONSULTATION WITH A CARDIOLOGIST. WE HAVE SCREENED NEARLY 40,000 YOUTH SINCE 2010, WHICH HAVE FOUND OVER 600 YOUTH WITH PREVIOUSLY UNIDENTIFIED CARDIAC ABNORMALITIES.

Program 3

Expenses: $10,437

SAVE A HEART SAVE A LIFE AED PROGRAM PLACES AUTOMATED EXTERNAL DEFIBRILLATORS (AEDS) AND ADVOCATES FOR THE IMPLEMENTATION OF CARDIAC EMERGENCY RESPONSE PLANS ANYWHERE YOUTH CONGREGATE. AEDS ARE THE ONLY WAY TO RESTART THE HEART OF AN SCA VICTIM, BUT ARE NOT MANDATED IN ALL SCHOOLS AND YOUTH CENTERS. EVERY MINUTE'S DELAY IN EMERGENCY RESPONSE DECREASES THE CHANCE OF SURVIVAL BY 10%, WHICH IS WHY 92% OF SCA VICTIMS DIE. IT'S CRITICAL FOR SCHOOL COMMUNITIES TO BE AS WELL-PRACTICED IN EXECUTING THE CARDIAC CHAIN OF SURVIVAL AS THEY ARE IN FIRE DRILLS.

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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 $120,696

Program Service Revenue $0

Investment Income $28,790

Other Revenue $0

TOTAL REVENUE $149,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,940

Fundraising Expenses $1,075

Program Expenses $312,564

Other Expenses $196,625

TOTAL EXPENSES $352,565

Year-over-Year Comparison

	2023	2022	Change
Revenue	$149,486	$305,986	-0.5%
Expenses	$352,565	$372,405	-0.1%
Net Income	$-203,079	$-66,419	+2.1%

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

150

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

$44,563

Total Directors