CENTRAL CITY ASSOCIATION OF LOS ANGELES (EIN 950691090) - Form 990 Financial Analysis & Trantor Score

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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

1924

Legal Domicile

Principal Officer

PETTINELLA MCOSKER

Phone

2136241213

Tax Period

2023-01-01 to 2023-12-31

CENTRAL CITY ASSOCIATION OF LOS ANGELES, founded in 1924, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $1.9M exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROMOTE THE ECONOMIC HEALTH AND QUALITY OF LIFE IN LOS ANGELES.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,900,180

Program Service Revenue $0

Investment Income $91,809

Other Revenue $-449,695

TOTAL REVENUE $1,542,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,199,333

Fundraising Expenses $0

Other Expenses $709,047

TOTAL EXPENSES $1,908,380

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,542,294	$1,901,384	-0.2%
Expenses	$1,908,380	$2,702,847	-0.3%
Net Income	$-366,086	$-801,463	-0.5%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$264,222

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARMEL SELLA	BOARD MEMBER	1.00	Director	$0	$0	$0
JAVIER CANO	SECRETARY	1.00	Officer Director	$0	$0	$0
HILARY NORTON	BOARD MEMBER	1.00	Director	$0	$0	$0
LUPITAL SANCHEZ-CORNEJO	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GALAVIZ	BOARD MEMBER	1.00	Director	$0	$0	$0
LEWIS HORNE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS PAK	BOARD MEMBER	1.00	Director	$0	$0	$0
EDGAR KHALATIAN	CHAIR	1.00	Officer Director	$0	$0	$0
CINDY STARRETT	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE GRAVES	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
MARIA CAMACHO	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK LORANGER	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL KELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
BERT DEZZUTTI	BOARD MEMBER	1.00	Director	$0	$0	$0
AREEN IBRANOSSIAN	BOARD MEMBER	1.00	Director	$0	$0	$0
RACHEL MOORE	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN MURRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
GARRET GIN	BOARD MEMBER	1.00	Director	$0	$0	$0
TOM GILMORE	CHAIR EMERITUS	1.00	Officer Director	$0	$0	$0
MARTHA SAUCEDO	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTOPHER PEARSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CLARE DEBRIERE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JIM PUGH	BOARD MEMBER	1.00	Director	$0	$0	$0
PATTI MACJENNETT	BOARD MEMBER	1.00	Director	$0	$0	$0
PETTINELLA MCOSTER	PRESIDENT & CEO	40.00	Officer	$244,000	$20,222	$264,222
MARIE RUMSEY	DIRECTOR LEGISLATIVE & LEG	40.00	Highest	$118,663	$13,267	$131,930
MICHAEL SHILSTONE	VP OF POLICY & RESEARCH	40.00	Highest	$117,485	$7,543	$125,028

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	No data	No data	No data	No data
2023	$1,542,294	$1,908,380	$3,054,925	$-366,086
2022	$1,901,384	$2,702,847	$3,653,020	$-801,463
2021	$2,173,234	$1,802,574	$3,939,055	$370,660
2020	$1,705,472	$1,992,811	$3,825,612	$-287,339
2019	$2,268,678	$2,733,817	$3,677,321	$-465,139
2018	$2,384,701	$2,685,945	$3,480,061	$-301,244

CENTRAL CITY ASSOCIATION OF LOS ANGELES