FAITHFUL CENTRAL EDUCATIONAL CENTER

EIN: 953299465 501(c)(3)

Los Angeles, CA

Total Revenue
$145,289
Total Expenses
$153,408
Total Assets
$3,871
Net Assets
$-35,276
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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
1978
Legal Domicile
CA
Principal Officer
DAVID BLAIR
Tax Period
2019-07-01 to 2020-06-30

FAITHFUL CENTRAL EDUCATIONAL CENTER, founded in 1978, is a small nonprofit that reported $145K in total revenue in fiscal year 2019.

Mission

PROVIDE DAY CARE/PRE-SCHOOL SERVICES TO LOW INCOME FAMILIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $145,281
Program Service Revenue $0
Investment Income $0
Other Revenue $8
TOTAL REVENUE $145,289

Expense Breakdown

Grants Paid $3
Salaries & Benefits $49,184
Fundraising Expenses $0
Program Expenses $153,408
Other Expenses $104,221
TOTAL EXPENSES $153,408

Year-over-Year Comparison

2019 2018 Change
Revenue $145,289 N/A N/A
Expenses $153,408 N/A N/A
Net Income $-8,119 N/A N/A
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
6
Independent Members
5
Employees
2
Volunteers
N/A

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
2
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tony Byrd Director 0.00
Director
$0 $0 $0
Megan Gordon Director 0.00
Director
$0 $0 $0
DAVID BLAIR President 8.00
Officer
$0 $0 $0
MICHAEL ADAMS DIRECTOR 2.00
Officer
$0 $0 $0
Lynette Fowler Vice President 2.00
Officer
$0 $0 $0
ASHA HASSAN ADMIN MANAGER 0.00
Highest
$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
2020 $145,289 $153,408 $3,871 $-8,119
2019 $173,272 $195,496 $11,400 $-22,224
2018 $172,952 $221,736 $33,301 $-48,784
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