SAFE PARKING LA (EIN 873148967) - 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

2021

Legal Domicile

Principal Officer

Matthew Tecle

Phone

3232103375

Tax Period

2023-07-01 to 2024-06-30

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.

Mission

Safe Parking LA provides safe, overnight parking for individuals experiencing homelessness.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,152,218

Program Service Revenue $0

Investment Income $4,356

Other Revenue $2,862

TOTAL REVENUE $3,159,436

Expense Breakdown

Grants Paid $139,656

Salaries & Benefits $1,128,829

Fundraising Expenses $183,967

Program Expenses $2,399,424

Other Expenses $1,722,828

TOTAL EXPENSES $3,003,269

Year-over-Year Comparison

	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

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

120

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

$25,000

Total Directors

Key Employees

Highest Compensated

reported

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

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	$3,159,436	$3,003,269	$1,515,943	$156,167

SAFE PARKING LA