Los Angeles, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SAFE PARKING LA, founded in 2021, is a community nonprofit in the Housing & Shelter sector that reported $3.2M in total revenue in fiscal year 2023. Expenses of $3.0M left a modest 5% surplus.
Safe Parking LA (SPLA) provides safe overnight parking to facilitate stability and housing in Los Angeles County for individuals living in their vehicles, and advocates for fair and equitable treatment and resources for the unhoused. SPLA prevents chronic homelessness by providing safe parking programs and access to housing-focused case management and supportive services. The below highlights capture the organization's planned efforts to provide safety, stability, and pathways out of homelessness for safe parking participants and the greater community. In October 2023, SPLA successfully separated from its previous fiscal sponsor, Community Partners, and became fully independent and took control of all aspects of fiduciary management. The separation allowed SPLA to fully understand its financial positioning and thrive with new leadership brought on - more specifically, a Director of Operations role was created and a new staff member was hired. The Director of Operations was tasked with developing financial reporting processes and documenting and directing the management of external finance relationships. This has allowed SPLA to have direct oversight of the immediate financial position of the organization. Below is a summary of current programs and activities: Warmline Intake and front door case management for individuals at risk of vehicular homelessness: This initiative provides a staffed community warmline operating 6 days a week, Monday through Saturday, offering direct support to individuals who are currently experiencing or at risk of experiencing vehicular homelessness. Designed as a "front door" to services, the warmline is the first step in a broader system of responsive, person-centered case management. Through initial screening and early engagement, trained staff assess callers' needs and offer immediate support, including problem-solving strategies, access to emergency resources, referrals to appropriate housing alternatives, and, when appropriate, enrollment into SPLA lots. Through the year, the community Warmline served 2,042 households. Secure overnight parking Safe parking program lots are equipped with onsite security personnel and portable toilets and handwashing stations, with no limit to the length of stay. Each participant develops a housing stability plan specifically crafted in collaboration with SPLA case managers. During the year, SPLA lots had 513 enrollments. Case managers provide critical linkages to a wide range of supportive services and work closely with participants as they progress through their individualized housing and stability plans. They take a hands-on, person-centered approach to ensure each participant receives the specific resources and guidance needed to move toward long-term housing and self-sufficiency. This includes helping participants identify goals, overcome barriers, and coordinate access to services such as mental health care, substance use treatment, employment support, income benefits, and housing navigation. Throughout the process, case managers serve as advocates, problem-solvers, and trusted points of contactoffering consistent support and follow-up as participants transition from crisis to stability. They play a key role in ensuring continuity of care and adjusting plans as participants' needs evolve over time. During the year there were 174 exits into a positive housing outcome. Financial assistance Funds available to participants for emergencies and to remove costly barriers to stabilization, such as vehicle maintenance, credit repair, or first month's rent. Our financial assistance program is especially impactful, given that most participants do not qualify for government subsidies. Housing stabilization Housing placement is coupled with housing retention support for 90 days after exit to help stabilize participants in their new placements. This includes access to emergency financial assistance and light-touch case management.
Community Warmline and Lot Operations: See Schedule O
Financial Assistance: See Schedule O
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 | $3,159,436 | N/A | N/A |
| Expenses | $3,003,269 | N/A | N/A |
| Net Income | $156,167 | $0 | N/A |
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 |
|---|---|---|---|---|---|---|
| Daniel Behrendt | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ellen Sloan | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gregory Kushner | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Joshua Steinberg | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Matt Wersinger | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Mellonise Shorter | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Nancy Hammerman | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Ori Blumenfeld | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Robert J Norris Jr | Past - Board Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Scott Sale | Chair | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sheyda Bautista-Saeyan | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Tim Wilson | Vice-chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Victor Hinderliter | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Matthew Tecle | Executive Director (as of 06/2024) | 40.00 |
Officer
|
$0 | $0 | $0 |
| Emily Uyeda Kantrim | Interim Executive Dir. (until 04/24) | 40.00 |
Officer
|
$25,000 | $0 | $25,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $3,159,436 | $3,003,269 | $1,515,943 | $156,167 |
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