WRIGHT INSTITUTE LOS ANGELES (EIN 952988883) - 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

1974

Legal Domicile

Principal Officer

DR MICHELE GOMES

Phone

4243715191

Tax Period

2024-01-01 to 2024-12-31

WRIGHT INSTITUTE LOS ANGELES, founded in 1974, is a small nonprofit that reported $841K in total revenue in fiscal year 2024. Expenses of $796K left a modest 5% surplus.

Mission

LOW COST PSYCHOTHERAPY CLINIC,PSYCHOANALYTIC CLINICAL TRAINING

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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 (2024)

Revenue Breakdown

Contributions & Grants $207,676

Program Service Revenue $616,499

Investment Income $29,329

Other Revenue $-12,849

TOTAL REVENUE $840,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $398,219

Fundraising Expenses $78,623

Program Expenses $589,726

Other Expenses $397,364

TOTAL EXPENSES $795,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$840,655	$801,346	+0.0%
Expenses	$795,583	$782,214	+0.0%
Net Income	$45,072	$19,132	+1.4%

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

$200,326

Total Directors

$107,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE GOMES	EXECUTIVE DIRECTOR	45	Officer	$92,416	$0	$92,416
MARIO GOMES	BUSINESS DIRECTOR	40	Officer Director	$57,660	$0	$57,660
CLAUDIA FELDMAN	CLINICAL DIRECTOR	40	Officer Director	$50,250	$0	$50,250
MOLLY CAHAN	BOARD CHAIRPERSON	4	Officer Director	$0	$0	$0
GRACE HAZELTINE	ALUMNI BOARD PRESIDENT	4	Director	$0	$0	$0
LISA OSBORN	BOARD MEMBER	2	Director	$0	$0	$0
KATE PETROSKY	BOARD MEMBER	4	Director	$0	$0	$0
STEPHEN PHILLIPS	BOARD MEMBER	2	Director	$0	$0	$0
TERRY SIMPSON	BOARD MEMBER	2	Director	$0	$0	$0
YEMI ADEYANJU	BOARD MEMBER	2	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	$840,655	$795,583	$1,057,731	$45,072
2023	$801,346	$782,214	$1,253,376	$19,132
2022	$819,517	$779,391	$1,472,311	$40,126
2021	$889,332	$695,857	$609,984	$193,475
2020	$784,542	$662,147	$323,984	$122,395
2019	$758,539	$645,682	$215,892	$112,857
2018	$700,248	$640,539	$133,033	$59,709

WRIGHT INSTITUTE LOS ANGELES