LICENSED ADULT RESIDENTIAL CARE ASSOCIATION INC

EIN: 882876077 501(c)(3) Health Care

Los Angeles, CA

Total Revenue
$236,069
Total Expenses
$205,141
Total Assets
$79,691
Net Assets
$79,691
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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
2022
Legal Domicile
CA
Principal Officer
Bennie D Tinson
Phone
3235364801
Tax Period
2024-07-01 to 2025-06-30

LICENSED ADULT RESIDENTIAL CARE ASSOCIATION INC, founded in 2022, is a small nonprofit in the Health Care sector that reported $236K in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. Expenses of $205K left a modest 13% surplus.

Mission

To serve members and the community. Build increased public awareness and support for housing and health solutins that serve vulnerable, low-income adults and elderly, living with mental illness.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $236,069
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $236,069

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,719
Fundraising Expenses $0
Program Expenses $200,385
Other Expenses $46,422
TOTAL EXPENSES $205,141

Year-over-Year Comparison

2024 2023 Change
Revenue $236,069 $121,423 +0.9%
Expenses $205,141 $72,660 +1.8%
Net Income $30,928 $48,763 -0.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
3
Volunteers
3

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
5
$77,300
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Bennie D Tinson Executive Director 40.00
Officer Highest
$77,300 $0 $77,300
Ahmed Saafir Chief Executive Officer 0.00
Officer Director
$0 $0 $0
Jay Poltzker Chief Financial Officer 0.00
Officer Director
$0 $0 $0
Desiree Alvarado Secretary 0.00
Officer Director
$0 $0 $0
Lupe Harvey Vice President 0.00
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
2025 $236,069 $205,141 $79,691 $30,928
2024 $121,423 $72,660 $48,763 $48,763
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