LAMP INC

EIN: 953993742 501(c)(3)

LOS ANGELES, CA

Total Revenue
$18,807,252
Total Expenses
$22,355,755
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
CA
Principal Officer
JOHN MACERI
Phone
3233349000
Tax Period
2018-07-01 to 2019-06-30

LAMP INC, founded in 1985, is a mid-sized nonprofit that reported $18.8M in total revenue in fiscal year 2018. Revenue decreased 7% compared to the prior year. Expenses of $22.4M exceeded revenue, resulting in a 19% operating deficit.

Mission

LAMP COMMUNITY'S MISSION IS TO END HOMELESSNESS OF LOS ANGELES' MOST VULNERABLE INDIVIDUALS -PRIMARILY ADULTS LIVING WITH MENTAL ILLNESS - THROUGH A CONTINUUM OF SERVICES AND HOUSING, ENABLING THEM TO REACH THEIR HIGHEST LEVEL OF SELF-SUFFICIENCY AND COMMUNITY INTEGRATION.

Program Service Accomplishments

Program 1
Expenses: $13,096,467 Revenue: $96,875

HOUSING: WHEN AN INDIVIDUAL HAS A STABLE ENVIRONMENT, THEY ARE BETTER ABLE TO CREATE A STABLE LIFE. WE WORK TO HOUSE PROGRAM PARTICIPANTS AS QUICKLY AS POSSIBLE AND PROVIDE WRAPAROUND SUPPORTIVE...

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HOUSING: WHEN AN INDIVIDUAL HAS A STABLE ENVIRONMENT, THEY ARE BETTER ABLE TO CREATE A STABLE LIFE. WE WORK TO HOUSE PROGRAM PARTICIPANTS AS QUICKLY AS POSSIBLE AND PROVIDE WRAPAROUND SUPPORTIVE SERVICES. HOUSING SERVICES INCLUDE INTERIM HOUSING, HOUSING COORDINATION, HOUSING NAVIGATION, AND PERMANENT SUPPORTIVE HOUSING. INTERIM HOUSING: DUE TO THE SHORTAGE OF AVAILABLE AFFORDABLE HOUSING, OUR PROGRAM PARTICIPANTS OFTEN NEED INTERIM HOUSING DURING THE TIME IT TAKES FOR A PERMANENT HOUSING OPTION TO BECOME AVAILABLE TO THEM. HOUSING COORDINATION: OUR MULTIDISCIPLINARY STAFF INDIVIDUALIZE SERVICES AND INTERVENTIONS ACCORDING TO THE NEEDS OF EACH PARTICIPANT. THE DEVELOPMENT OF AN INDIVIDUALIZED HOUSING AND CARE PLAN BEGINS RIGHT AWAY. IN ADDITION TO INCOME AND BENEFITS ASSISTANCE, APPLICATIONS ARE COMPLETED WITH THE HELP OF CASE MANAGERS TO APPLY FOR THE BEST FIT HOUSING AVAILABLE OR THROUGH OTHER AVENUES OUTSIDE OF VOUCHER ASSISTANCE. PROGRAM PARTICIPANTS ARE SUPPLEMENTED WITH THE KNOWLEDGE OF BASIC LIVING SKILLS, HOUSING COUNSELING, ASSISTANCE IN UNDERSTANDING THE NUANCES OF A LEASE, SECURING UTILITIES, MAKING MOVING ARRANGEMENTS, BEING A GOOD NEIGHBOR, PROPER CARE OF THEIR LIVING SPACE, REPRESENTATIVE PAYEE SERVICES FOR RENT AND UTILITIES WHEN NEEDED, AND MEDIATION AND OUTREACH TO PROPERTY OWNERS RELATED TO LOCATING OR RETAINING HOUSING. HOUSING NAVIGATION: STAFF PROVIDE HOUSING LOCATION SERVICES, INCLUDING ASSISTING PROGRAM PARTICIPANTS WITH LOCATING AFFORDABLE PERMANENT HOUSING AND ESTABLISHING RELATIONSHIPS WITH LANDLORDS/AGENCIES WILLING TO PROVIDE AFFORDABLE PERMANENT HOUSING TO PROGRAM PARTICIPANTS. PERMANENT SUPPORTIVE HOUSING: IN ORDER TO PERMANENTLY END HOMELESSNESS FOR OUR PROGRAM PARTICIPANTS, OUR EXTENSIVE PERMANENT HOUSING SERVICES DEPARTMENT WORKS COLLABORATIVELY WITH CASE MANAGERS AND HOUSING NAVIGATORS TO MATCH PROGRAM PARTICIPANTS WITH BEST FIT HOUSING THAT WILL MEET THEIR SPECIFIC NEEDS.

Program 2
Expenses: $8,910,769 Revenue: $34,871

SUPPORTIVE SERVICES INCLUDE PSYCHIATRY, MENTAL HEALTH COUNSELING, SUBSTANCE ABUSE SERVICES, MEDICATION MANAGEMENT, OUTREACH, HOMELESSNESS PREVENTION, PRIMARY AND PREVENTIVE HEALTH CARE AND ALSO SUCH...

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SUPPORTIVE SERVICES INCLUDE PSYCHIATRY, MENTAL HEALTH COUNSELING, SUBSTANCE ABUSE SERVICES, MEDICATION MANAGEMENT, OUTREACH, HOMELESSNESS PREVENTION, PRIMARY AND PREVENTIVE HEALTH CARE AND ALSO SUCH BASIC SERVICES AS MONEY MANAGEMENT, PUBLIC SHOWERS, TOILETS AND LAUNDRY FACILITIES.

Program 3
Expenses: $166,381

TRANSFER OF CASH AND OUTSTANDING NET ASSETS TO THE SUCCESSOR ORGANIZATION AFTER THEY MERGED IN JANUARY 2019.

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Trantor Score

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

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $18,656,875
Program Service Revenue $131,746
Investment Income $454
Other Revenue $18,177
TOTAL REVENUE $18,807,252

Expense Breakdown

Grants Paid $13,488,030
Salaries & Benefits $8,318,303
Fundraising Expenses $42,276
Program Expenses $22,173,617
Other Expenses $549,422
TOTAL EXPENSES $22,355,755

Year-over-Year Comparison

2018 2017 Change
Revenue $18,807,252 $20,234,517 -0.1%
Expenses $22,355,755 $20,025,150 +0.1%
Net Income $-3,548,503 $209,367 -17.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
22
Independent Members
22
Employees
240
Volunteers
152

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
6
$306,319
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH JESSUP CHAIR 2.50
Officer Director
$0 $0 $0
GARY FOSTER VICE-CHAIR 2.50
Officer Director
$0 $0 $0
BART ZITNITSKY TREASURER 2.50
Officer Director
$0 $0 $0
LAURA KAISER SECRETARY 2.50
Officer Director
$0 $0 $0
CHARLES F ADAMS MEMBER 2.00
Director
$0 $0 $0
JONATHAN M BRENNER ESQ MEMBER 2.00
Director
$0 $0 $0
RAE W ARCHIBALD MEMBER 2.00
Director
$0 $0 $0
PAMELA BOYD MEMBER 2.00
Director
$0 $0 $0
GREG GERMANN MEMBER 2.00
Director
$0 $0 $0
JULIE GUEST MEMBER 2.00
Director
$0 $0 $0
STEAVEN K JONES MEMBER 2.00
Director
$0 $0 $0
STEPHEN GUNTHER MEMBER 2.00
Director
$0 $0 $0
RICHARD G HIRSCH ESQ MEMBER 2.00
Director
$0 $0 $0
GARY A RICHWALD MD MPH MEMBER 2.00
Director
$0 $0 $0
MICHAEL T O'BRIEN MEMBER 2.00
Director
$0 $0 $0
MICHAEL PARKS MEMBER 2.00
Director
$0 $0 $0
CHARLES F SMITH MEMBER 2.00
Director
$0 $0 $0
CHARLES W SMITH MEMBER 2.00
Director
$0 $0 $0
DIANE WILSON MEMBER 2.00
Director
$0 $0 $0
BRIAN TEMPLE MEMBER 2.00
Director
$0 $0 $0
LAMAE WEBER MEMBER 2.00
Director
$0 $0 $0
THOMAS MAHONEY CFA CAIA MEMBER 2.00
Director
$0 $0 $0
MEHRAN TASLIMI MEMBER (LEFT JUN 2019) 2.00
Director
$0 $0 $0
DORENE LEHAVI MEMBER (LEFT AUG 2018) 2.00
Director
$0 $0 $0
STEPHEN E SCHERER MEMBER (LEFT DEC 2018) 2.00
Director
$0 $0 $0
THOMAS NEARY MEMBER (LEFT NOV 2018) 2.00
Director
$0 $0 $0
THOMAS BAXTER MEMBER (LEFT MAY 2019) 2.00
Director
$0 $0 $0
WILL FORD MEMBER (LEFT DEC 2018) 2.00
Director
$0 $0 $0
JOHN J MACERI CHIEF EXECUTIVE OFFICER 10.00
Officer
$41,587 $6,613 $172,959
PATRICIA LOPEZ CHIEF ADMINISTRATIVE OFFICER 10.00
Officer
$31,827 $6,052 $133,360
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
2019 $18,807,252 $22,355,755 No data $-3,548,503
2018 $20,234,517 $20,025,150 $9,871,298 $209,367
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