LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SAMUELSON FOUNDATION, founded in 2000, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $59K in total revenue in fiscal year 2023. Revenue surged 168% from the prior year, signaling strong growth momentum. Expenses of $167K exceeded revenue, resulting in a 182% operating deficit.
THE SPECIFIC GOALS AND OBJECTIVES OF THE FOUNDATION INCLUDE THE FOLLOWING: FURTHERING THE KINGDOM OF GOD, BY WHICH IS MEANT THE PROCLAMATION OF AND WITNESS TO GOD'S LOVE AS DEMONSTRATED IN THE PARABLE OF THE GOOD SAMARITAN, WITH A FOCUS OF FOOD, HABITAT, HEALTH, AND EDUCATION, IN AN ENVIRONMENT OF SOCIAL AND ECONOMIC FREEDOM, WITH AN EMPHASIS ON CHRISTIAN WITNESS, SHARING OF THE GOOD NEWS, THROUGH THE POWER OF THE HOLY SPIRIT; SUPPORTING BY WORD AND DEED AN INCLUSIVE APPROACH TO ALL PEOPLE THAT HAS BEEN SO CLEARLY SHOWN IN THE TEACHINGS OF JESUS CHRIST AND SALUTARY EXAMPLES BY HIM AND HIS APOSTLES AS RECORDED IN THE HOLY BIBLE. IN PURSUIT OF THIS MISSION, THE FOUNDATION SUPPORTS THE ACTIVITIES AND PURPOSES OF THE FOLLOWING ORGANIZATIONS: 1- BEACON HOUSING INC. A SECTION 501(C)(3) PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1). 2- LA CANADA PRESBYTERIAN CHURCH A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. 3- YMCA OF THE FOOTHILLS A SECTION 501(C)(3) PUCLIC CHARITY DESCRIBED IN SECTION 509(A)(2). 4- CALIFORNIA LUTHERAN UNIVERSITY A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 5- FULLER THEOLOGICAL SEMINARY A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 6- LUTHERAN CHURCH OF THE FOOTHILLS A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH. 7- OCCIDENTAL COLLEGE A SECTION 501(C)(3) ORGANIZATION DESCRIBED AS A SCHOOL IN SECTION 170(B)(1)(A)(II). 8- MOUNT HERMON ASSOCIATION INC. A SECTION 501(C)(3) ORGANIZATION RECOGNIZED BY THE IRS AS A CHURCH.
THE SAMUELSON FOUNDATION OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS TO ASSIST THEM IN CARRYING OUT THEIR CHARITABLE, EDUCATIONAL AND RELIGIOUS MISSIONS. DURING THE YEAR, THE...
THE SAMUELSON FOUNDATION OPERATED EXCLUSIVELY FOR THE BENEFIT OF ITS SUPPORTED ORGANIZATIONS TO ASSIST THEM IN CARRYING OUT THEIR CHARITABLE, EDUCATIONAL AND RELIGIOUS MISSIONS. DURING THE YEAR, THE FOUNDATION ALSO PROVIDED A CASH GRANT OF $44,000 TO ONE OF ITS SUPPORTED ORGANIZATIONS, BEACON HOUSING, INC. (BEACON), TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS MISSION. BEACON HOUSING, INC. IS A 501(C)(3) ORGANIZATION FURTHER DESCRIBED IN SECTION 509(A)(1) AS A PUBLIC CHARITY WHOSE MISSION IS TO EMPOWER PARTICIPANTS WHO ARE AT-RISK OF HOMELESSNESS TO ACHIEVE HOUSING SECURITY THROUGH THE PROVISION OF SAFE AND LOW-COST LODGING OPTIONS AND SUPPORTIVE SERVICES FOR THEIR INDIVIDUAL NEEDS. BEACON WORKS WITH GROUPS IN CALIFORNIA WHO ARE AT RISK OF HOMELESSNESS, INCLUDING SURVIVORS OF DOMESTIC VIOLENCE AND THEIR CHILDREN AS WELL AS LOW-INCOME FAMILIES, TO REBUILD LIVES FROM THE GROUND UP. BEACON PROVIDES AFFORDABLE PERMANENT HOUSING AND TRANSITIONAL HOUSING IN THE LOS ANGELES AREA AND IN NORTHERN CALIFORNIA. BEACON ALSO PROVIDES ACADEMIC ENRICHMENT PROGRAMS TO SUPPORT THE EDUCATIONAL PURSUITS OF UNDERSERVED STUDENTS FROM DISADVANTAGED BACKGROUNDS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $59,269 | $22,086 | +1.7% |
| Expenses | $167,366 | $164,194 | +0.0% |
| Net Income | $-108,097 | $-142,108 | -0.2% |
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 |
|---|---|---|---|---|---|---|
| REID G SAMUELSON | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| FRED SCHNEIDER | TRUSTEE UNTIL 08/2023 | 0.25 |
Director
|
$0 | $0 | $0 |
| H JAMES SCHAFER | TRUSTEE | 0.25 |
Director
|
$0 | $0 | $0 |
| GARY AWAD | TRUSTEE START 08/2023 | 0.25 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $59,269 | $167,366 | $4,237,927 | $-108,097 |
| 2022 | $22,086 | $164,194 | $4,346,024 | $-142,108 |
| 2021 | $6,910 | $156,270 | $4,488,132 | $-149,360 |
| 2020 | $-3,976 | $172,293 | $4,637,492 | $-176,269 |
| 2019 | $69,898 | $338,582 | $4,813,761 | $-268,684 |
| 2018 | $271,416 | $451,724 | $5,082,445 | $-180,308 |
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