La Puente Community Foundation

EIN: 844372197 501(c)(3) Community Improvement

La Puente, CA

Total Revenue
$319,326
Total Expenses
$100,498
Total Assets
$409,798
Net Assets
$382,150
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
Barouir Deirmenjian
Tax Period
2023-07-01 to 2024-06-30

La Puente Community Foundation, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $319K in total revenue in fiscal year 2023. Revenue surged 222% from the prior year, signaling strong growth momentum. The organization ran a surplus of $219K, a strong 69% operating margin.

Mission

The Foundation is a nonprofit public benefit community organization and is not organized for the private gain of any person. The Foundation is organized under the California Nonprofit Public Benefit Corporation Law for public and charitable purposes. The purpose and the mission of the Foundation is to enhance the quality of life for the La Puente community through the funding of community-based programming including but not limited to: -Youth recreation athletic and education programs; -Community based wellness and enrichment programs; -Senior recreation leisure education programs and support services; -Parks and facilities improvements; -Cultural arts programs literary programs visual and performing arts programs; -Initiatives for events and programs staffed by community volunteers; and -Potential for other community organizations to partner with the Foundation subject to development of a partnership agreement and approval by the Foundation Board of Directors

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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 (2023)

Revenue Breakdown

Contributions & Grants $19,102
Program Service Revenue $17,543
Investment Income $9,102
Other Revenue $273,579
TOTAL REVENUE $319,326

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,461
Other Expenses $100,498
TOTAL EXPENSES $100,498

Year-over-Year Comparison

2023 2022 Change
Revenue $319,326 $99,179 +2.2%
Expenses $100,498 $15,503 +5.5%
Net Income $218,828 $83,676 +1.6%
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

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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
5
Independent Members
5
Employees
N/A
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
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barouir Deirmenjian Chairperson 10.00
Officer
$0 $0 $0
Frank Sanchez Vice Chairperson 8.00
Officer
$0 $0 $0
Martin Paz Director 5.00
Officer
$0 $0 $0
John Solis Director 5.00
Officer
$0 $0 $0
Kevin Xie Director 5.00
Officer
$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
2025 No data No data No data No data
2024 $319,326 $100,498 $409,798 $218,828
2023 $99,185 $15,503 $163,322 $83,682
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