BLESSING COMMUNITY HEALTH CENTER (EIN 832558659) - 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

2018

Legal Domicile

Principal Officer

DR BAHRAM SHAHANGIAN

Phone

9194339700

Tax Period

2024-01-01 to 2024-12-31

BLESSING COMMUNITY HEALTH CENTER, founded in 2018, is a community nonprofit in the Health Care sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 237% from the prior year, signaling strong growth momentum. Expenses of $2.7M left a modest 10% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO ENHANCE THE HEALTH AND WELLBEING OF ALL THE MEMBERS OF OUR COMMUNITY THROUGH COMPREHENSIVE PREVENTIVE MEDICAL INTERVENTIONS AND TO PROVIDE QUALITY HEALTHCARE SERVICES TO IMPROVE LIVES FOR ALL INDIVIDUALS WITH AN EMPHASIS ON THE MEDICALLY UNDERSERVED BY PROVIDING TREATMENT, EDUCATION, AND RESOURCES.

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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 $15,552

Program Service Revenue $2,986,624

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,002,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $970,672

Fundraising Expenses $0

Program Expenses $2,412,938

Other Expenses $1,729,704

TOTAL EXPENSES $2,700,376

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,002,176	$890,584	+2.4%
Expenses	$2,700,376	$827,553	+2.3%
Net Income	$301,800	$63,031	+3.8%

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

$168,742

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOEL CARRASCO	CHAIR	1.00	Officer Director	$0	$0	$0
SAM JAVANMARD	TREASURER	1.00	Officer Director	$0	$0	$0
JORDY RAMOS	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE BAYAT	DIRECTOR (UNTIL 05/29/24)	1.00	Director	$0	$0	$0
WALTER BENZ	DIRECTOR	1.00	Director	$0	$0	$0
MONICA NIETO CASTILLANOS	DIRECTOR	1.00	Director	$0	$0	$0
RENE ZAMBEL	DIRECTOR	1.00	Director	$0	$0	$0
NAVID RAD	DIRECTOR	1.00	Director	$0	$0	$0
JORDAN SAMUELS	DIRECTOR	1.00	Director	$0	$0	$0
SHIRLEY ZARZOSO	DIRECTOR	1.00	Director	$0	$0	$0
MINOU ATAEI	DIRECTOR	1.00	Director	$0	$0	$0
GITA AMINLOO	CHIEF EXECUTIVE OFFICER	40.00	Officer	$101,435	$0	$101,435
BAHRAM SHAHANGIAN	CHIEF FINANCIAL OFFICER	40.00	Officer	$67,307	$0	$67,307

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	$3,002,176	$2,700,376	$733,170	$301,800
2023	$890,584	$827,553	$528,231	$63,031
2022	$224,832	$461,611	$264,089	$-236,779
2020	$64,500	$60,822	$131,527	$3,678
2019	$24,015	$19,166	$4,849	$4,849

BLESSING COMMUNITY HEALTH CENTER