FLIP4GOOD

EIN: 934444148 501(c)(3) Human Services

LOS ANGELES, CA

Total Revenue
$23,286
Total Expenses
$115,214
Total Assets
$5,861
Net Assets
$-28,366
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
CA
Principal Officer
ERIKA BRULE
Phone
3235382033
Tax Period
2024-01-01 to 2024-12-31

FLIP4GOOD, founded in 2023, is a micro nonprofit in the Human Services sector that reported $23K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $115K exceeded revenue, resulting in a 395% operating deficit.

Mission

TO CREATE SAFE SPACES AND OPPORTUNITIES THAT PAVE THE WAY FOR (CONTINUED ON SCHEDULE O) LONG-TERM SUCCESS AND INDEPENDENCE FOR PEOPLE IN TRANSITION PERIODS.

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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 $23,286
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $23,286

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $572
Program Expenses $112,447
Other Expenses $115,214
TOTAL EXPENSES $115,214

Year-over-Year Comparison

2024 2023 Change
Revenue $23,286 $17,675 +0.3%
Expenses $115,214 $8,248 +13.0%
Net Income $-91,928 $9,427 -10.8%
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
4
Independent Members
4
Employees
N/A
Volunteers
46

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JILL PIKE PRESIDENT (THRU 05/24) 5.00
Officer Director
$0 $0 $0
DAVID ROBINSON TREASURER (THRU 11/24) 5.00
Officer Director
$0 $0 $0
ERIKA BRULE PRESIDENT, TREASURER, & SECRETARY 50.00
Officer Director
$0 $0 $0
FLORIANA ANNIBALI DIRECTOR (THRU 10/24) 5.00
Director
$0 $0 $0
FARRAH LOUVIERE CERF DIRECTOR 5.00
Director
$0 $0 $0
SOLA DOKUNMU DIRECTOR 5.00
Director
$0 $0 $0
REBECCA FAIRMAN CHIEF DESIGN OFFICER 5.00
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
2024 $23,286 $115,214 $5,861 $-91,928
2023 No data No data No data No data
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