LONG BEACH ACCELERATOR INC (EIN 843378272) - 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

2019

Legal Domicile

Principal Officer

RAGAN ROBERTSON

Phone

3109908524

Tax Period

2023-01-01 to 2023-12-31

LONG BEACH ACCELERATOR INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $416K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $395K left a modest 5% surplus.

Mission

LONG BEACH ACCELERATOR WAS FORMED FOR THE PURPOSE OF PERFORMING ALL THINGS INCIDENTAL TO, OR APPROPRIATE IN, THE ACHIEVEMENT OF THE FOLLOWING SPECIFIC AND PRIMARY MISSION TO ACCELERATE EARLY STATE STARTUPS WITH SEED FUNDING, MENTORSHIP, AND EXIT STRATEGY. THE VISION OF THE LONG BEACH ACCELERATOR IS TO MAKE LONG BEACH A DESTINATION OF CHOICE FOR EARLY STAGE STARTUPS.

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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 $150,000

Program Service Revenue $238,961

Investment Income $0

Other Revenue $26,831

TOTAL REVENUE $415,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $296,673

Fundraising Expenses $0

Program Expenses $287,436

Other Expenses $98,402

TOTAL EXPENSES $395,075

Year-over-Year Comparison

	2023	2022	Change
Revenue	$415,792	$365,765	+0.1%
Expenses	$395,075	$488,266	-0.2%
Net Income	$20,717	$-122,501	-1.2%

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

$170,445

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA WHITE-KJOSS	Executive Dir.	40.00	Officer	$170,445	$0	$170,445
VIVIAN SHIMOYAMA	Chairman	7.00	Officer Director	$0	$0	$0
BRENDA WUNSCH	VICE CHAIR	4.00	Officer Director	$0	$0	$0
SANTHOSH DEVATI	Treasurer	4.00	Officer Director	$0	$0	$0
RAGAN ROBERTSON	Secretary	4.00	Officer Director	$0	$0	$0
WADE MARTIN	Director	5.00	Director	$0	$0	$0
WALTER LARKINS	Director	1.00	Director	$0	$0	$0
CHRIS HALLIWELL	Director	2.00	Director	$0	$0	$0
SUE MALONE	Director	2.00	Director	$0	$0	$0
PAYAL KAMDAR	Director	2.00	Director	$0	$0	$0
JOHN KEISLER	Director	1.00	Director	$0	$0	$0
ROD RIGOLE	Director	1.00	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
2023	$415,792	$395,075	$107,462	$20,717
2022	$365,765	$488,266	$123,362	$-122,501
2021	$388,138	$302,488	$238,762	$85,650

LONG BEACH ACCELERATOR INC