North Hollywood, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Teamsters Local 399 Charity Fund Inc, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $197K in total revenue in fiscal year 2024. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $306K exceeded revenue, resulting in a 55% operating deficit.
The specific purpose of this corporation is to raise funds for educational scholarships and for donation to charitable organizations that promote the commongood and welfare of working people in this country or that otherwise provide goods or services to the poor and distressed or the underprivileged in Los Angeles County, California, and to engage in other lawful charitable activities.
The Organization put on a golf fund-raising event in which the net proceeds are used to provide scholarships. Twenty scholarships were awarded this year for a total of $100,000. Out of these funds...
The Organization put on a golf fund-raising event in which the net proceeds are used to provide scholarships. Twenty scholarships were awarded this year for a total of $100,000. Out of these funds and other contributions generated during the year, donations of $202,364 were paid to 42 charitable organizations.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $196,808 | $437,001 | -0.5% |
| Expenses | $305,986 | $278,861 | +0.1% |
| Net Income | $-109,178 | $158,140 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| Richard Bennetti | President | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Lucio Powell | Vice President | 2.00 |
Director
|
$0 | $0 | $0 |
| Jason Ide | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jason Roach | CFO | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Nicole Casey | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Christian Castro | Director | 2.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $196,808 | $305,986 | $72,689 | $-109,178 |
| 2023 | $437,001 | $278,861 | $181,867 | $158,140 |
| 2022 | $223,171 | $199,444 | $23,727 | $23,727 |
Compare Teamsters Local 399 Charity Fund Inc with other nonprofits in California and across the country.