LA GLOBAL CARE (EIN 814654070) - 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

Legal Domicile

Principal Officer

LANITA HAMILTON

Phone

3234408270

Tax Period

2023-01-01 to 2023-12-31

LA GLOBAL CARE is a community nonprofit in the Human Services sector that reported $5.0M in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

L.A. Global Care is leading the way in the fight against homelessnessan epidemic that continues to grow at an alarming rateby providing temporary housing services to both individuals and families. We provide a clean, safe, home-like environment designed to assist individuals and families that currently lack housing and cannot afford a place to live.

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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 $327,400

Program Service Revenue $4,707,654

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,035,054

Expense Breakdown

Grants Paid $125,782

Salaries & Benefits $1,493,179

Fundraising Expenses $0

Program Expenses $4,055,887

Other Expenses $3,419,452

TOTAL EXPENSES $5,038,413

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,035,054	$3,591,950	+0.4%
Expenses	$5,038,413	$3,880,725	+0.3%
Net Income	$-3,359	$-288,775	-1.0%

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

N/A

Employees

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

$384,000

Total Directors

$507,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LANITA HAMILTON	President & CEO	40.00	Officer Director	$204,000	$0	$204,000
ROBIN WALLER	Executive Dir.	40.00	Officer Director	$180,000	$0	$180,000
Glenn Griffith	Clinical Direct	40.00	Director	$84,000	$0	$84,000
Patrice Hamilton	Operations Dire	40.00	Director	$39,000	$0	$39,000

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	$5,035,054	$5,038,413	$409,842	$-3,359
2022	$3,591,950	$3,880,725	$425,347	$-288,775
2020	$704,463	$837,242	$112,603	$-132,779

LA GLOBAL CARE