HERITAGE CLUB-A CHRISTIAN MOLOKAN ASSOCIATION

EIN: 953622329 501(c)(3)

DOWNEY, CA

Total Revenue
$414,762
Total Expenses
$196,096
Total Assets
$1,764,828
Net Assets
$1,764,828
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
CA
Phone
5626189444
Tax Period
2023-01-01 to 2023-12-31

HERITAGE CLUB-A CHRISTIAN MOLOKAN ASSOCIATION, founded in 1979, is a small nonprofit that reported $415K in total revenue in fiscal year 2023. Revenue surged 591% from the prior year, signaling strong growth momentum. The organization ran a surplus of $219K, a strong 53% operating margin.

Mission

IMPROVE THE LIVES OF THE MOLOKAN COMMUNITY BY PROVIDING AND PROMOTING EDUCATION, CHARITABLE FUNDING, AND LEADERSHIP.

Program Service Accomplishments

Program 1
Expenses: $90,531

AWARDED SCHOLARSHIPS TO UNIVERSITY STUDENTS.

Program 2
Expenses: $39,361

VARIOUS PROGRAMS PROMOTING EDUCATION AND LEADERSHIP.

Program 3
Expenses: $35,404

BENEVOLENCE FUND PROVIDES SUPPORT TO THOSE IN NEED.

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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 $359,267
Program Service Revenue $10,900
Investment Income $44,595
Other Revenue $0
TOTAL REVENUE $414,762

Expense Breakdown

Grants Paid $112,870
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $165,296
Other Expenses $83,226
TOTAL EXPENSES $196,096

Year-over-Year Comparison

2023 2022 Change
Revenue $414,762 $60,039 +5.9%
Expenses $196,096 $181,083 +0.1%
Net Income $218,666 $-121,044 -2.8%
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

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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
9
Independent Members
9
Employees
N/A
Volunteers
50

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLEN KORNEFF Director 1.00
Director
$0 $0 $0
STEVE MAKSHANOFF Vice President 0.00
Officer Director
$0 $0 $0
JACK SOKOLOFF Director 0.00
Director
$0 $0 $0
STEVE SLEVCOVE Secretary 1.00
Officer Director
$0 $0 $0
STEVE NAZAROFF Treasurer 1.00
Officer Director
$0 $0 $0
GREG STUPIM Director 0.00
Director
$0 $0 $0
ONYA KORETOFF Director 0.00
Director
$0 $0 $0
RICK HALLOPOFF President 1.00
Officer Director
$0 $0 $0
BEVERLY TICKENOFF Director 0.00
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
2024 No data No data No data No data
2023 $414,762 $196,096 $1,764,828 $218,666
2022 $60,039 $181,083 $1,438,475 $-121,044
2021 $161,349 $137,831 $1,789,451 $23,518
2020 $147,709 $118,471 $1,643,233 $29,238
2019 $82,352 $131,890 $1,544,523 $-49,538
2018 $141,743 $118,554 $1,387,576 $23,189
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