FRIENDS OF THE COLISEUM FOUNDATION (EIN 882250944) - 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

MARIA MEHRANIAN

Phone

2138950224

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF THE COLISEUM FOUNDATION, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $397K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $347K left a modest 13% surplus.

Mission

THE FRIENDS OF THE COLISEUM FOUNDATION ("FOUNDATION") IS A NONPROFIT CORPORATION, FORMED FOR CHARITABLE PURPOSES NAMELY THE FOLLOWING:1. TO PRESERVE AND PROMOTE THE LOS ANGELES MEMORIAL COLISEUM; 2. TO ENCOURAGE PUBLIC PARTICIPATION AT THE LOS ANGELES MEMORIAL COLISEUM BY HOSTING TO THE GREATEST EXTENT POSSIBLE, AN ARRAY OF ON-SITE PUBLIC INTEREST EVENTS YEAR-ROUND WHICH ARE OPEN AND FREE TO THE PUBLIC FOR PURPOSES OF EDUCATION AND ENJOYMENT; 3. TO SUPPORT AMATEUR ATHLETICS IN SOUTHERN CALIFORNIA; 4. TO PROVIDE SUPPORT TO THE LOS ANGELES MEMORIAL COLISEUM COMMISSION, INCLUDING FINANCIAL ASSISTANCE FOR THE CONTINUED ADMINISTRATION AND OPERATIONAL EXPENSES OF THE LOS ANGELES MEMORIAL COLISEUM COMMISSION; AND 5. TO RAISE FUNDS IN SUPPORT OF THE 2028 OLYMPIC EVENTS TO BE HELD IN LOS ANGELES, CALIFORNIA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $397,100

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $397,100

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $228,098

Other Expenses $347,143

TOTAL EXPENSES $347,143

Year-over-Year Comparison

	2024	2023	Change
Revenue	$397,100	$438,733	-0.1%
Expenses	$347,143	$436,782	-0.2%
Net Income	$49,957	$1,951	+24.6%

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

N/A

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
GEORGE L PLA	FOUNDING PRESIDENT	2.00	Officer Director	$0	$0	$0
MARIA MEHRANIAN	CHIEF FINANCIAL OFFICER	2.00	Officer Director	$0	$0	$0
NICK ROXBUROUGH	PRESIDENT	2.00	Officer Director	$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
2024	$397,100	$347,143	$52,705	$49,957
2023	$438,733	$436,782	$2,748	$1,951

FRIENDS OF THE COLISEUM FOUNDATION