CITIZENS FOR A BETTER GLENDALE SPO… - Form 990 Financial Data

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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

ADA F BRICENO

Phone

2134526565

Tax Period

2021-01-01 to 2021-12-31

CITIZENS FOR A BETTER GLENDALE SPONSORED BY UNITE HERE LOCAL 11, founded in 2021, is a small nonprofit in the Community Improvement sector that reported $240K in total revenue in fiscal year 2021. The organization ran a surplus of $46K, a strong 19% operating margin.

Mission

THE SPECIFIC PURPOSE OF THE ORGANIZATION IS TO ADVOCATE FOR AN ORDINANCE THAT APPROVES A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF GLENDALE AND VISTA INVESTMENTS, LLC. IF PASSED, THIS REFERENDUM WOULD PERMIT THE CONSTRUCTION OF A SIX STORY HOTEL AT 120 WEST COLORADO STREET. THE ORGANIZATION MAY ENGAGE IN OTHER SOCIAL WELFARE PURPOSES, CONSISTENT WITH ITS PURPOSE.

Program Service Accomplishments

Program 1

Expenses: $190,217 Revenue: $240,000

THE SPECIFIC PURPOSE OF THE ORGANIZATION IS TO ADVOCATE FOR AN ORDINANCE THAT APPROVES A DEVELOPMENT AGREEMENT BETWEEN THE CITY OF GLENDALE AND VISTA INVESTMENTS, LLC. IF PASSED, THIS REFERENDUM...

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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 (2021)

Revenue Breakdown

Contributions & Grants $240,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $240,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $190,217

Other Expenses $193,780

TOTAL EXPENSES $193,780

Year-over-Year Comparison

	2021	2020	Change
Revenue	$240,000	N/A	N/A
Expenses	$193,780	N/A	N/A
Net Income	$46,220	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

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADA BRICENO	PRINCIPAL OFFICER	1.00	Officer	$0	$0	$0
SUSAN MINATO	TREASURER	1.00	Officer	$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
2021	$240,000	$193,780	$46,170	$46,220

CITIZENS FOR A BETTER GLENDALE SPONSORED BY UNITE HERE LOCAL 11