MARTIN LUTHER KING JR COMMUNITY MEDICAL FOUNDATION (EIN 812455970) - 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

2016

Legal Domicile

Principal Officer

STEVE CIAMPA

Phone

4245296755

Tax Period

2024-07-01 to 2025-06-30

MARTIN LUTHER KING JR COMMUNITY MEDICAL FOUNDATION, founded in 2016, is a mid-sized nonprofit in the Health Care sector that reported $24.5M in total revenue in fiscal year 2024. Expenses of $40.8M exceeded revenue, resulting in a 67% operating deficit.

Mission

TO FACILITATE ACCESS TO HEALTHCARE AND PROMOTE THE HEALTH AND WELLBEING OF THE LOW INCOME, DISADVANTAGED COMMUNITIES OF SOUTH LOS ANGELES.

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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 $1,448,756

Program Service Revenue $22,443,709

Investment Income $0

Other Revenue $624,158

TOTAL REVENUE $24,516,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,283,316

Fundraising Expenses $0

Program Expenses $36,834,147

Other Expenses $30,546,718

TOTAL EXPENSES $40,830,034

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,516,623	$25,334,552	0.0%
Expenses	$40,830,034	$38,918,960	+0.0%
Net Income	$-16,313,411	$-13,584,408	+0.2%

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

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

$1,252,301

Total Directors

$1,291,417

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MANUEL A ABASCAL JD	CHAIR	6.00	Officer Director	$0	$0	$0
PAUL KING	VICE CHAIR	3.00	Officer Director	$0	$0	$0
THOMAS FISHER MD	TREASURER	3.00	Officer Director	$0	$0	$0
KEDAR MATE	SECRETARY	3.00	Officer Director	$0	$0	$0
ROBERT MARGOLIS MD	BOARD MEMBER	3.00	Director	$0	$0	$0
WANDA COLE-FRIEMAN	BOARD MEMBER	3.00	Director	$0	$0	$0
GEORGINA R GARCIA RN	BOARD MEMBER	3.00	Director	$0	$0	$0
MICHELLE GASKILL-HAMES	BOARD MEMBER	3.00	Director	$0	$0	$0
RAMANATHAN RAJU MD	BOARD MEMBER	3.00	Director	$0	$0	$0
ELAINE BATCHLOR MD	BOARD MEMBER	2.00	Director	$0	$38,719	$1,291,417
JOHN FISHER MD	CHIEF MEDICAL OFFICER	1.00	Officer	$0	$38,719	$696,550
KURT STAUDER PRESIDENT	OF MEDICAL GROUP FDN (THRU 06/25)	40.00	Officer	$0	$10,350	$555,751
JULIE CASTILLO	DIRECTOR NURSING AMULATORY	40.00	Highest	$141,148	$29,774	$170,922
CHRISTOPHER MURPHY	MANAGER SITE ADMINSTRATOR	40.00	Highest	$126,046	$12,386	$138,432
NYREE RAMOS	MANAGER SITE ADMINSTRATOR	40.00	Highest	$122,970	$28,279	$151,249
ROSA GALLEGOS	RN EDUCATOR DIABETES	40.00	Highest	$121,431	$12,700	$134,131

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
2025	$24,516,623	$40,830,034	$50,770,097	$-16,313,411
2024	No data	No data	No data	No data
2023	$27,875,579	$36,269,495	$47,612,970	$-8,393,916
2022	$27,204,999	$34,375,862	$36,479,093	$-7,170,863
2021	$25,848,539	$31,834,952	$4,594,200	$-5,986,413
2019	$15,985,867	$15,010,708	$2,429,371	$975,159
2018	$4,132,093	$4,615,908	$621,966	$-483,815

MARTIN LUTHER KING JR COMMUNITY MEDICAL FOUNDATION