CCHC HEALTHCARE COLLEGE

EIN: 883497843 501(c)(3) Education

GLENDALE, CA

Total Revenue
$1,169,929
Total Expenses
$434,022
Total Assets
$532,232
Net Assets
$320,711
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
CA
Principal Officer
DAVID LONTOK
Phone
8182652230
Tax Period
2024-01-01 to 2024-12-31

CCHC HEALTHCARE COLLEGE, founded in 2022, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 5693% from the prior year, signaling strong growth momentum. The organization ran a surplus of $736K, a strong 63% operating margin.

Mission

THE ORGANIZATION MISSION IS TO FOSTER AND EDUCATE A DIVERSE COMMUNITY OF MEDICAL ASSISTANT STUDENTS AND ADVANCE MEDICAL KNOWLEDGE IN A DYNAMIC AND COLLABORATIVE ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $390,620 Revenue: $42,950

CCHC HEALTHCARE COLLEGE PROVIDES EDUCATIONAL SERVICES AND PROGRAMS TO LOW-INCOME AND UNDERSERVED POPULATIONS TO EARN MEDICAL CERTIFICATIONS FOR EMPLOYMENT IN THE HEALTHCARE INDUSTRY. IN 2024, THERE...

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CCHC HEALTHCARE COLLEGE PROVIDES EDUCATIONAL SERVICES AND PROGRAMS TO LOW-INCOME AND UNDERSERVED POPULATIONS TO EARN MEDICAL CERTIFICATIONS FOR EMPLOYMENT IN THE HEALTHCARE INDUSTRY. IN 2024, THERE WERE 19 STUDENTS. WE TEACH ONLY ONE PROGRAM, THE MEDICAL ASSISTING PROGRAM, WHICH AIMS FOR STUDENTS TO ATTAIN THEIR MA CERTIFICATION AND SECURE EMPLOYMENT AT CCHC. THE MA PROGRAM CAN ACCOMMODATE UP TO 15 STUDENTS AT A TIME FOR A 9-MONTH PROGRAM THAT BEGINS AND ENDS EVERY 9 MONTHS.

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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 $1,126,979
Program Service Revenue $42,950
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,169,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,962
Fundraising Expenses $0
Program Expenses $390,620
Other Expenses $224,060
TOTAL EXPENSES $434,022

Year-over-Year Comparison

2024 2023 Change
Revenue $1,169,929 $20,195 +56.9%
Expenses $434,022 $339,423 +0.3%
Net Income $735,907 $-319,228 -3.3%
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

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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
N/A
Employees
4
Volunteers
5

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
$1,335,315
Total Directors
5
$1,335,315
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GIGIE CLAUDIO VICE CHAIR 4.00
Officer Director
$20,165 $23,381 $225,032
FLORA POLADYAN CHAIR 2.00
Officer Director
$0 $14,868 $245,511
DAVID LONTOK PRESIDENT & CEO 2.00
Officer Director
$0 $18,542 $462,648
CLARISSA ZHANG TREASURER 2.00
Officer Director
$0 $24,137 $167,224
JENNIFER SMITH SECRETARY 2.00
Officer Director
$0 $10,488 $234,900
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 $1,169,929 $434,022 $532,232 $735,907
2023 $20,195 $339,423 $608,361 $-319,228
2022 $264,145 $354,675 $311,130 $-90,530
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