TRAPHEALSORG

EIN: 843081501 501(c)(3)

LOS ANGELES, CA

Total Revenue
$217,592
Total Expenses
$169,933
Total Assets
$47,659
Net Assets
$47,659
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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
2019
Legal Domicile
CA
Principal Officer
DAMON TURNER
Phone
6788482198
Tax Period
2020-01-01 to 2020-12-31

TRAPHEALSORG, founded in 2019, is a small nonprofit that reported $218K in total revenue in fiscal year 2020. The organization ran a surplus of $48K, a strong 22% operating margin.

Mission

TRAP HEALS.ORG IS AN INCUBATOR AND ACCELERATOR PROGRAM BASED IN SOUTH LA THAT IS FOCUSED ON BUILDING THE WORK AND LIFE SKILLS FOR ECONOMIC LITERACY AND PROFESSIONAL DEVELOPMENT OF CREATIVES AND ARTISTS WHO HAVE BEEN HISTORICALLY DISENFRANCHISED IN ORDER TO PROMOTE COMMUNITY HEALING AND ECONOMIC EQUITY.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $217,556
Program Service Revenue $0
Investment Income $2
Other Revenue $34
TOTAL REVENUE $217,592

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,000
Program Expenses $137,520
Other Expenses $169,933
TOTAL EXPENSES $169,933

Year-over-Year Comparison

2020 2019 Change
Revenue $217,592 N/A N/A
Expenses $169,933 N/A N/A
Net Income $47,659 $0 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
95

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAMON TURNER PRESIDENT/DIRECTOR 10.00
Officer Director
$0 $0 $0
DYANE PASCALL TREASURER/DIRECTOR 10.00
Officer Director
$0 $0 $0
ALEJANDRA LEMUS SECRETARY/DIRECTOR 10.00
Officer 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
2020 $217,592 $169,933 $47,659 $47,659
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