Favorable Productions Inc

EIN: 852500685 501(c)(3)

Lomita, CA

Total Revenue
$1,286,000
Total Expenses
$1,286,000
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Tax Period
2020-01-01 to 2020-12-31

Favorable Productions Inc, founded in 2019, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2020. Revenue surged 449% from the prior year, signaling strong growth momentum.

Mission

Our Mission is to Facilitate Video Production Services to the community by creating a mentorship program teaching youth the processes of Video Production from preparation to completion of a project. During the pandemic of 2020 caused by the severe onslaught of the Deadly Virus Covid-19 our Organization adopted another mission to provide Covid-19 Testing transportation Temporary housing and counseling for those that have Contracted and or have been directly affected by the deadly Covid-19.

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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 $580,000
Program Service Revenue $706,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,286,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $401,000
Fundraising Expenses $0
Program Expenses $1,276,000
Other Expenses $795,000
TOTAL EXPENSES $1,286,000

Year-over-Year Comparison

2020 2019 Change
Revenue $1,286,000 $234,154 +4.5%
Expenses $1,286,000 $234,154 +4.5%
Net Income $0 $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
5
Independent Members
5
Employees
N/A
Volunteers
25

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Randi McWilliams DIRECTOR 20.00
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
2020 $1,286,000 $1,286,000 No data No data
2019 $234,154 $234,154 $221,154 No data
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