FORE LA KIDS INC (EIN 861571574) - 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

2020

Legal Domicile

Principal Officer

Tim Finchem

Phone

3105758801

Tax Period

2024-01-01 to 2024-12-31

FORE LA KIDS INC, founded in 2020, is a small nonprofit in the Youth Development sector that reported $438K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $386K left a modest 12% surplus.

Mission

The purpose is to advance life skills for youth through education and golf. We provide programs that positively impact young people throughout Los Angeles county by providing educational programs that build character and instill life-enhancing values through the game of golf.

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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 (2024)

Revenue Breakdown

Contributions & Grants $395,534

Program Service Revenue $42,873

Investment Income $0

Other Revenue $0

TOTAL REVENUE $438,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $303,706

Fundraising Expenses $0

Program Expenses $386,179

Other Expenses $82,473

TOTAL EXPENSES $386,179

Year-over-Year Comparison

	2024	2023	Change
Revenue	$438,407	$313,358	+0.4%
Expenses	$386,179	$375,145	+0.0%
Net Income	$52,228	$-61,787	-1.8%

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

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

$18,750

Total Directors

$18,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kenneth Fearn	FOUNDER	0.10	Officer Director	$18,750	$0	$18,750
Kristine Johnson	Consultant	0.10	Officer Director	$0	$0	$0
Amy Alcott	Director	0.00	Director	$0	$0	$0
Hana Kim Davis	Director	0.00	Director	$0	$0	$0
Adam Fannon	Director	0.00	Director	$0	$0	$0
Brad Fauvre	Director	0.00	Director	$0	$0	$0
Trey Fearn	Director	0.00	Director	$0	$0	$0
Lou Giovanetti	Director	0.00	Director	$0	$0	$0
Neil Jacobson	Director	0.00	Director	$0	$0	$0
Jon Lee	Director	0.00	Director	$0	$0	$0
Jon Orszag	Director	0.00	Director	$0	$0	$0
Dr Al Osborne	Director	0.00	Director	$0	$0	$0
Stan Verrett	Director	0.00	Director	$0	$0	$0
Marcellus Wiley	Director	0.00	Director	$0	$0	$0
Dr Riley Williams	Director	0.00	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
2024	$438,407	$386,179	$163,808	$52,228
2023	$313,358	$375,145	$111,580	$-61,787
2022	$261,609	$88,242	$173,367	$173,367

FORE LA KIDS INC