SOLIBRE LA

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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

2020

Legal Domicile

Principal Officer

MICHAEL EVELOFF

Phone

3105561370

Tax Period

2020-01-01 to 2020-12-31

SOLIBRE LA, founded in 2020, is a small nonprofit that reported $325K in total revenue in fiscal year 2020. The organization ran a surplus of $281K, a strong 86% operating margin.

Mission

TO PROMOTE SOCIAL WELFARE BY FACILITATING THE PURCHASE, INSTALLATION AND DONATION OF ENERGY-RELATED, ENGERY-SAVING OR AIR QUALITY RELATED PRODUCTS FOR USE IN MUNICIPAL FACILITIES WITHIN THE SOUTHERN CALIFORNIA AREA.

Program Service Accomplishments

Program 1

PROVIDE FUNDING FOR SOLAR AND OTHER ENERGY PRODUCTS TO MUNICIPAL FACILITIES IN LOS ANGELES.IMPROVE PUBLIC SAFETY THROUGH SUPPORT OF POLICE AND FIRE DEPARTMENTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $325,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $325,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,476

Fundraising Expenses $0

Other Expenses $2,821

TOTAL EXPENSES $44,297

Year-over-Year Comparison

	2020	2019	Change
Revenue	$325,000	N/A	N/A
Expenses	$44,297	N/A	N/A
Net Income	$280,703	N/A	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

Governance

Voting Members

Independent Members

N/A

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

$37,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL EVELOFF	President	20.00	Officer	$12,500	$0	$12,500
JAMES O'SULLIVAN	Vice President	5.00	Officer	$12,500	$0	$12,500
LAURA LAKE	Treasurer	10.00	Officer	$12,500	$0	$12,500

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	$325,000	$44,297	$280,703	$280,703