CITY HEARTS KIDS SAY YES TO THE ARTS LA FRINGE THEATRE INC

EIN: 954036895 501(c)(3) Youth Development

HARBOR CITY, CA

Total Revenue
$243,926
Total Expenses
$329,918
Total Assets
$162,722
Net Assets
$162,690
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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
ED O'NEILL
Phone
3104552898
Tax Period
2024-01-01 to 2024-12-31

CITY HEARTS KIDS SAY YES TO THE ARTS LA FRINGE THEATRE INC, founded in 1985, is a small nonprofit in the Youth Development sector that reported $244K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $330K exceeded revenue, resulting in a 35% operating deficit.

Mission

CITY HEARTS PROVIDES HIGH-IMPACT, HOLISTIC, AND CULTURALLY RELEVANT VISUAL AND PERFORMING ARTS EDUCATION AND EXPERIENCES TO K-12TH GRADE STUDENTS IN ARTS UNDER-RESOURCED TITLE 1 SCHOOLS ACROSS LOS ANGELES COUNTY. CITY HEARTS TEACHING ARTISTS, WITH EXTENSIVE ARTISTIC RESUMES AND PROFESSIONAL AFFILIATIONS, LEAD HEALING-CENTERED, TRAUMA-INFORMED IN-SCHOOL AND AFTER- SCHOOL CLASSES ALIGNED TO CALIFORNIA VISUAL & PERFORMING ARTS STANDARDS. ENHANCING SELF-ESTEEM, CREATIVITY, AND SOCIAL AND ACADEMIC SKILLS, CITY HEARTS' ARTS PROGRAMS STRENGTHEN THE HEALTH AND VITALITY OF OUR STUDENTS AND COMMUNITIES. ALL CLASSES ARE PROVIDED AT NO COST TO THE STUDENTS AND THEIR 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 (2024)

Revenue Breakdown

Contributions & Grants $243,711
Program Service Revenue $0
Investment Income $115
Other Revenue $100
TOTAL REVENUE $243,926

Expense Breakdown

Grants Paid $0
Salaries & Benefits $250,664
Fundraising Expenses $29,956
Program Expenses $247,697
Other Expenses $79,254
TOTAL EXPENSES $329,918

Year-over-Year Comparison

2024 2023 Change
Revenue $243,926 $322,934 -0.2%
Expenses $329,918 $352,527 -0.1%
Net Income $-85,992 $-29,593 +1.9%
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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Governance

Voting Members
8
Independent Members
8
Employees
15
Volunteers
8

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
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ED O'NEILL PRESIDENT 0.50
Officer Director
$0 $0 $0
AAKASH RANAVAT TREASURER 0.50
Officer Director
$0 $0 $0
SHERRY JASON SECRETARY 1.00
Officer Director
$0 $0 $0
ROBERT JASON CO-FOUNDER 0.50
Director
$0 $0 $0
TRACY RINALDI DIRECTOR 0.50
Director
$0 $0 $0
LILIT HOVHANNISYAN DIRECTOR 0.50
Director
$0 $0 $0
JOE GRASSI DIRECTOR 0.50
Director
$0 $0 $0
NIKIVA DIONNE DIRECTOR 0.50
Director
$0 $0 $0
CHARLES THORNHILL EXECUTIVE DI 40.00
Highest
$101,250 $0 $101,250
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
2025 No data No data No data No data
2024 $243,926 $329,918 $162,722 $-85,992
2023 $322,934 $352,527 $249,121 $-29,593
2022 $344,965 $357,009 $278,275 $-12,044
2021 $290,734 $258,779 $290,319 $31,955
2020 $385,637 $239,421 $259,255 $146,216
2019 $239,683 $309,046 $113,198 $-69,363
2018 $330,209 $311,409 $178,675 $18,800
2018 $339,708 $317,158 $182,425 $22,550
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