AKFA

EIN: 883065710 501(c)(3)

Los Angeles, CA

Total Revenue
$-56,372
Total Expenses
$1,930
Total Assets
$6,082
Net Assets
$-58,400
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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
Maximilian Zeff
Phone
4159409547
Tax Period
2023-01-01 to 2023-12-31

AKFA, founded in 2022, is a micro nonprofit that reported $56K in total revenue in fiscal year 2023.

Mission

AKFA is a grant-making organization supporting community-based organizations in Venice and West Los Angeles with an emphasis on youth, community, education, and the arts. Applications for grants are submitted, reviewed, and fulfilled annually. AKFA's primary fundraising activity is an annual festival, the Abbot Kinney Festival. People buy tickets for rides, beer garden entry, etc. AKFA generates revenue through sponsorships, vendor space sales, and donations.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $-56,372
TOTAL REVENUE $-56,372

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,930
TOTAL EXPENSES $1,930

Year-over-Year Comparison

2023 2022 Change
Revenue $-56,372 N/A N/A
Expenses $1,930 N/A N/A
Net Income $-58,302 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

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Governance

Voting Members
3
Independent Members
4
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maximilian Zeff President 0.00
Officer Director
$0 $0 $0
Corey McGuire Secretary/Treas 0.00
Officer Director
$0 $0 $0
Elisa James Director 0.00
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
2023 $-56,372 $1,930 $6,082 $-58,302
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