LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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.
SUPPORTIVE SERVICES INCLUDE PSYCHIATRY, MENTAL HEALTH COUNSELING, SUBSTANCE ABUSE SERVICES, MEDICATION MANAGEMENT, OUTREACH, HOMELESSNESS PREVENTION, PRIMARY AND PREVENTIVE HEALTH CARE AND ALSO SUCH...
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.
TRANSFER OF CASH AND OUTSTANDING NET ASSETS TO THE SUCCESSOR ORGANIZATION AFTER THEY MERGED IN JANUARY 2019.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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