LOS ANGELES MISSION COLLEGE FOUNDATION

EIN: 952925621 501(c)(3)

SYLMAR, CA

Total Revenue
$241,478
Total Expenses
$337,311
Total Assets
$1,512,566
Net Assets
$1,503,675
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
ALBERT ALVAREZ
Phone
8183647783
Tax Period
2023-07-01 to 2024-06-30

LOS ANGELES MISSION COLLEGE FOUNDATION, founded in 1985, is a small nonprofit that reported $241K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $337K exceeded revenue, resulting in a 40% operating deficit.

Mission

THE PRIMARY PURPOSE OF LOS ANGELES MISSION COLLEGE FOUNDATION IS TO ADVANCE THE COLLEGE'S EDUCATION AND CULTURAL GOALS BY: 1. PROMOTING THE COLLEGE IN THE COMMUNITY; 2. ASSISTING THE COLLEGE IN FULFILLING ITS ROLE OF SERVICE TO THE COMMUNITY BY PROVIDING A CONTINUUM OF HUMAN SERVICES TO PROMOTE LONG-TERM FAMILY SELF-SUFFICIENCY AND INCREASE ECONOMIC ORPPORTUNITIES TO PERSONS OF LOW-TO MODERATE INCOME. SERVICES WILL INCLUDE BUT WILL NOT BE LIMITED TO ACADEMIC AND VOCATIONAL TRAINING, FINANCIAL LITERACY EDUCATION, ENTREPRENEUR TRAINING, EMPLOYMENT ASSISTANCE, LEADERSHIP TRAINING, COUNSELING, CASE MANAGEMENT SERVICES; AND TO PROVIDE ASSISTANCE TO LOW-INCOME MEMBERS OF THE COLLEGE COMMUNITY AS A METHOD BY WHICH TO ADVANCE EQUITY IN EDUCATION, PPROVIDE BASIC FOOD, AND TO PROMOTE SOCIAL WELFARE WITHIN THE STRUCTURE ALLOWED BY THE LOS ANGELES COMMUNITY COLLEGE DISTRICT.

Program Service Accomplishments

Program 1
Expenses: $269,842

THE MISSION OF THE LOS ANGELES MISSION COLLEGE FOUNDATION IS TO PROVIDE STUDENTS WITH ACCESS TO QUALITY, HIGHER EDUCATION OPPORTUNITIES THROUGH FUNDRAISING, BY SERVING AS STEWARDS FOR FUNDS SECURED...

Read more

THE MISSION OF THE LOS ANGELES MISSION COLLEGE FOUNDATION IS TO PROVIDE STUDENTS WITH ACCESS TO QUALITY, HIGHER EDUCATION OPPORTUNITIES THROUGH FUNDRAISING, BY SERVING AS STEWARDS FOR FUNDS SECURED, AND CREATING MEANINGFUL PARTNERSHIPS TO BENEFIT THE COLLEGE. THE FOUNDATION PROVIDES SCHOLARSHIPS TO LA MISSION COLLEGE STUDENTS TO LESSEN THE FINANCIAL BARRIERS OF HIGHER EDUCATION, FINANCIALLY SUPPORT FOSTER YOUTH PROGRAMS, AND HELP MAKE UNFUNDED PROGRAMS AND PROJECTS ON THE COLLEGE CAMPUS POSSIBLE. FOR THE FISCAL YEAR ENDED 06/30/24, THERE WERE 12 RECIPIENTS OF SCHOLARSHIP GRANTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $192,319
Program Service Revenue $0
Investment Income $46,327
Other Revenue $2,832
TOTAL REVENUE $241,478

Expense Breakdown

Grants Paid $162,627
Salaries & Benefits $0
Fundraising Expenses $31,688
Program Expenses $269,842
Other Expenses $174,684
TOTAL EXPENSES $337,311

Year-over-Year Comparison

2023 2022 Change
Revenue $241,478 $203,275 +0.2%
Expenses $337,311 $82,855 +3.1%
Net Income $-95,833 $120,420 -1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
8

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
ALBERT ALVAREZ PRESIDENT 1.00
Officer Director
$0 $0 $0
AURA GARCIA VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ART GASTELUM DIRECTOR 1.00
Director
$0 $0 $0
PAT MORENO SECRETARY 1.00
Officer Director
$0 $0 $0
BOBBY ARIAS DIRECTOR 1.00
Director
$0 $0 $0
DR ARMIDA ORNELAS DIRECTOR 1.00
Director
$0 $0 $0
JULIANA OCEGUERA DIRECTOR 1.00
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 $241,478 $337,311 $1,512,566 $-95,833
2023 $203,275 $82,855 $1,464,892 $120,420
2022 $131,546 $68,766 $1,308,513 $62,780
2021 $92,877 $60,073 $1,360,228 $32,804
2020 $65,023 $138,030 $1,112,641 $-73,007
2019 $121,997 $140,196 $1,173,074 $-18,199
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LOS ANGELES MISSION COLLEGE FOUNDATION with other nonprofits in California and across the country.