LA ARTCORE CENTER (EIN 953576968) - 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

1979

Legal Domicile

Principal Officer

JOYCE KOHL

Phone

2136173274

Tax Period

2022-10-01 to 2023-09-30

LA ARTCORE CENTER, founded in 1979, is a small nonprofit that reported $213K in total revenue in fiscal year 2022. Revenue surged 95% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 29% operating margin.

Mission

LA ARTCORE IS A NONPROFIT ORGANIZATION THAT HELPS DEVELOP THE CAREERS OF VISUAL ARTISTS AND BRINGS INNOVATIVE CONTEMPORARY ART TO THE PUBLIC.

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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 (2022)

Revenue Breakdown

Contributions & Grants $212,600

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $212,600

Expense Breakdown

Grants Paid $0

Salaries & Benefits $67,331

Fundraising Expenses $0

Program Expenses $81,436

Other Expenses $84,253

TOTAL EXPENSES $151,584

Year-over-Year Comparison

	2022	2021	Change
Revenue	$212,600	$108,886	+1.0%
Expenses	$151,584	$113,171	+0.3%
Net Income	$61,016	$-4,285	-15.2%

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

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

$51,123

Total Directors

$51,123

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOYCE KOHL	PRESIDENT	1.00	Officer Director	$0	$0	$0
TERRENCE JACKSON	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID DEDLOW	DIRECTOR	1.00	Director	$0	$0	$0
ALICIA DODDY	DIRECTOR	1.00	Director	$0	$0	$0
YOUNG KU PARK	DIRECTOR	1.00	Director	$0	$0	$0
NICOLETTE KOMINOS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARGARET LAZARI	SECRETARY	1.00	Officer Director	$0	$0	$0
PRANAY REDDY	DIRECTOR	16.00	Officer Director	$51,123	$0	$51,123

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
2023	$212,600	$151,584	$64,859	$61,016
2022	$108,886	$113,171	$2,614	$-4,285
2021	$86,324	$113,240	$15,963	$-26,916
2020	$90,844	$97,206	$42,879	$-6,362

LA ARTCORE CENTER