LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GREATER LEIMERT PARK VILLAGE & CRENSHAW CORRIDOR BUSINESS IMPR DIST INC, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $437K in total revenue in fiscal year 2023. Revenue surged 116% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 19% operating margin.
THE SPECIFIC PURPOSE OF THIS NONPROFIT ORGANIZATION IS TO HELP REVITALIZE THE NEIGHBORHOOD BY PROVIDING CLEAN AND SAFE TEAMS AS WELL AS HELPS THE SMALL BUSINESSES THROUGH MARKETING AND EVENTS.
Clean & Safe Program:Clean Program - In order to consistently deal with cleaning issues, a District Cleaning Program will continue the work that is has for the past be eleven years. The Clean Team...
Clean & Safe Program:Clean Program - In order to consistently deal with cleaning issues, a District Cleaning Program will continue the work that is has for the past be eleven years. The Clean Team program budget for each zone can be found in the chart on page 23. Basic cleaning services, such as trash pickup and removal from the district, landscape service, equipment expense and administration are delivered. The clean team will only provide service to assessed parcels within the District boundaries. Safe Program- Safe program elements would include community ambassador services designed to help create a welcoming environment throughout the district. There is also the possibility for hotspot placement of security cameras. The four primary roles for the community ambassadors will be to ENGAGE, INFORM, REPORT, AND DOCUMENT.
Marketing Program - It is important to not only provide the services needed in the District, but to tell the story of improvement in the District. The web site will contain a section that lists each...
Marketing Program - It is important to not only provide the services needed in the District, but to tell the story of improvement in the District. The web site will contain a section that lists each business within the District. The special benefit to District parcels from the web site is an increased awareness of the businesses within the district and their individual offerings which attracts new customers to the District businesses and provides an increase in commercial activity which directly relates to increases in lease rates and enhanced commerce. The quarterly newsletter provides a special benefit to District assessed parcels by an increasing the awareness of the success of District programs, providing updates on District issues such as crime statistics and communicating the continued improvement in the economic environment of the District to each of the individually assessed District parcels The special benefit from the communication and media relation programs is an increase in lease rates, tenant occupancy, and commercial activity.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $437,333 | $202,897 | +1.2% |
| Expenses | $354,729 | $74,724 | +3.7% |
| Net Income | $82,604 | $128,173 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MISTY IWATSU | Executive Dir. | 30.00 |
Director
|
$60,000 | $0 | $60,000 |
| ASHLEY CALLOWAY | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| BELINDA WILLIAMS | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| ROSEMARY DANON | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| Banch Abegaze | CEO | 1.00 |
Officer
|
$0 | $0 | $0 |
| Tony Jolly | CFO | 0.50 |
Officer
|
$0 | $0 | $0 |
| Ben Caldwell | VICE CHAIR | 0.50 |
Officer
|
$0 | $0 | $0 |
| HAKEEN PARKE-DAVIS | Secretary | 0.50 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $437,333 | $354,729 | $210,778 | $82,604 |
| 2022 | $202,897 | $74,724 | $128,174 | $128,173 |
Compare GREATER LEIMERT PARK VILLAGE & CRENSHAW CORRIDOR BUSINESS IMPR DIST INC with other nonprofits in California and across the country.