South La Community Foundation

EIN: 853084715 501(c)(3) Community Improvement

Los Angeles, CA

Total Revenue
$933,329
Total Expenses
$970,404
Total Assets
$26,684
Net Assets
$26,684
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Phone
6574447584
Tax Period
2024-01-01 to 2024-12-31

South La Community Foundation, founded in 2020, is a small nonprofit in the Community Improvement sector that reported $933K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

Our model focuses on the following three pillars : #1: PEOPLE: EMPOWERING OUR FAMILIES Lifting barriers to human rights and healthy ecosystems by creating access to resources and developing a social safety net. #2: PLACE: CREATING OUR COMMUNITY Rejecting cultural erasure and displacement by creating equitable and thriving community spaces and experiences. #3#: PROSPERITY: BUILDING OUR ECONOMY Combatting gentrification and corporate development by building a sustainable and self-determined local economy.

Program Service Accomplishments

Program 1
Expenses: $836,122 Revenue: $0

GROCERY GIVEAWAY - THE ORGANIZATION CONDUCTED WEEKLY FOOD DISTRIBUTION TO PROVIDE FRESH & HEALTHY GROCERIES & MEALS TO FAMILIES AND INDIVIDUALS.WOMEN IN BUSINESS IMPACT ACCELERATOR - THE ORGANIZATION...

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GROCERY GIVEAWAY - THE ORGANIZATION CONDUCTED WEEKLY FOOD DISTRIBUTION TO PROVIDE FRESH & HEALTHY GROCERIES & MEALS TO FAMILIES AND INDIVIDUALS.WOMEN IN BUSINESS IMPACT ACCELERATOR - THE ORGANIZATION CONDUCTED NUMBER OF PROFESSIONAL DEVELOPMENT SESSIONS FOR WOMEN. THE ORGANIZATION PROVIDES A COMPILATION OF RESOURCES SUPPORTING WOMEN CEOS LEADERS AND COMMUNITY ORGANIZERS WHICH INCLUDES MASTERMINDS NETWORKING EVENTS RETREATS AND CONFERENCES. Distributed donated goods through volunteers.

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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 (2024)

Revenue Breakdown

Contributions & Grants $933,329
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $933,329

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $20,986
Program Expenses $836,122
Other Expenses $949,418
TOTAL EXPENSES $970,404

Year-over-Year Comparison

2024 2023 Change
Revenue $933,329 $1,027,880 -0.1%
Expenses $970,404 $1,015,872 0.0%
Net Income $-37,075 $12,008 -4.1%
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
1
Employees
N/A
Volunteers
2331

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
JOE WARD-WALLACE PRESIDENT 40.00
Officer Director
$0 $0 $0
CELIA WARD-WALLACE TREASURER 40.00
Officer Director
$0 $0 $0
BRANDIE BARRERA SECRETARY 5.00
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
2025 No data No data No data No data
2024 $933,329 $970,404 $26,684 $-37,075
2023 $1,027,880 $1,015,872 $63,759 $12,008
2022 $504,259 $585,879 $51,751 $-81,620
2021 $421,728 $380,483 $41,245 $41,245
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