LOS ANGELES COUNTY SCHOOLS REGIONALIZED BUSINESS SERVICES CORP (EIN 954038658) - 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

1985

Legal Domicile

Principal Officer

ANTHONY CULPEPPER

Phone

5629226166

Tax Period

2024-07-01 to 2025-06-30

LOS ANGELES COUNTY SCHOOLS REGIONALIZED BUSINESS SERVICES CORP, founded in 1985, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $786K, a strong 24% operating margin.

Mission

TO ASSIST MEMBER SCHOOL DISTRICTS IN THE ADMINISTRATION OF TAX EXEMPT BOND FINANCING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3,212,105

Other Revenue $0

TOTAL REVENUE $3,212,105

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,426,548

Other Expenses $2,426,548

TOTAL EXPENSES $2,426,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,212,105	$5,554,340	-0.4%
Expenses	$2,426,548	$4,867,917	-0.5%
Net Income	$785,557	$686,423	+0.1%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR PHILLIP DOWNING	EXEC. DIRECTOR	1.00	Officer	$0	$0	$0
DR ANTHONY CULPEPPER	PRESIDENT	1.00	Officer Director	$0	$0	$0
MRS JULIE BOUCHER	VICE PRESIDENT/TREASURER	1.00	Officer Director	$0	$0	$0
MR JOHN NUNEZ	SECRETARY/DIRECTOR	1.00	Officer Director	$0	$0	$0
MR FRANK BOSTROM	DIRECTOR	1.00	Director	$0	$0	$0
DR MICHAEL LIN	DIRECTOR	1.00	Director	$0	$0	$0
MR MANOJ ROYCHOWDHURY	DIRECTOR	1.00	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
2025	$3,212,105	$2,426,548	$131,780,652	$785,557
2024	$5,554,340	$4,867,917	$163,002,409	$686,423
2023	$5,826,287	$4,797,352	$205,869,854	$1,028,935
2022	$6,235,442	$3,458,945	$220,744,015	$2,776,497
2021	$5,164,216	$12,451,650	$242,437,757	$-7,287,434
2020	$5,468,856	$7,184,841	$136,428,398	$-1,715,985
2019	$5,196,618	$4,627,536	$127,371,195	$569,082
2018	$5,615,807	$5,143,779	$142,559,545	$472,028

LOS ANGELES COUNTY SCHOOLS REGIONALIZED BUSINESS SERVICES CORP