LA Residential Community Foundation

EIN: 952134243 501(c)(3) Human Services

Saugus, CA

Total Revenue
$7,231,696
Total Expenses
$7,096,765
Total Assets
$23,272,720
Net Assets
$21,195,350
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1959
Legal Domicile
CA
Phone
6612968636
Tax Period
2023-07-01 to 2024-06-30

LA Residential Community Foundation, founded in 1959, is a community nonprofit in the Human Services sector that reported $7.2M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $21.2M represent 35 months of operating reserves.

Mission

The Los Angeles Residential Community Foundation, serving developmentally disabled adults, LARC Ranch, is dedicated to acheiving the highest quality of client residential living and day program services.

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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 $553,857
Program Service Revenue $5,784,062
Investment Income $855,100
Other Revenue $38,677
TOTAL REVENUE $7,231,696

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,078,827
Fundraising Expenses $2,070
Program Expenses $5,988,760
Other Expenses $3,017,938
TOTAL EXPENSES $7,096,765

Year-over-Year Comparison

2023 2022 Change
Revenue $7,231,696 $6,266,175 +0.2%
Expenses $7,096,765 $6,729,725 +0.1%
Net Income $134,931 $-463,550 -1.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
76
Volunteers
250

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
$411,072
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Bratzel Exec. Officer 45.00
Officer
$117,418 $29,138 $146,556
Larry Sallows CFO 45.00
Officer
$114,906 $17,978 $132,884
Kathleen Sturkey Executive Direc 40.00
Officer
$130,644 $988 $131,632
Robert Stewart Co President 2.00
Director
$0 $0 $0
John Acker Co President 2.00
Director
$0 $0 $0
Timothy Whyte Board Member 2.00
Director
$0 $0 $0
Gregory Simon Treasurer 2.00
Director
$0 $0 $0
Alisa Morgenthaler Board member 2.00
Director
$0 $0 $0
Kenneth Crouse Secretary 2.00
Director
$0 $0 $0
Berta Handel Board member 2.00
Director
$0 $0 $0
Haya Handel Board member 2.00
Director
$0 $0 $0
Jacqueline Kosofsky Boardmember 2.00
Director
$0 $0 $0
Renee Holland Board member 2.00
Director
$0 $0 $0
Shelley Cataldo Board member 2.00
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
2025 No data No data No data No data
2024 $7,231,696 $7,096,765 $23,272,720 $134,931
2023 $6,266,175 $6,729,725 $23,145,021 $-463,550
2022 $5,738,201 $6,204,740 $23,230,379 $-466,539
2021 $5,207,716 $6,253,810 $24,424,372 $-1,046,094
2021 $6,133,550 $6,200,091 $25,197,901 $-66,541
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