LOS ANGELES HOUSING PARTNERSHIPINC (EIN 954238596) - 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

1989

Legal Domicile

Principal Officer

KERRY N DOI

Phone

2136299172

Tax Period

2023-07-01 to 2023-12-31

LOS ANGELES HOUSING PARTNERSHIPINC, founded in 1989, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $2.9M exceeded revenue, resulting in a 100% operating deficit.

Mission

DEVELOP HOUSING IN LOS ANGELES' MOST ECONOMICALLY DISTRESSED NEIGHBORHOODS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,129,909

Investment Income $15

Other Revenue $326,450

TOTAL REVENUE $1,456,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $379,561

Fundraising Expenses $0

Program Expenses $2,242,075

Other Expenses $2,540,040

TOTAL EXPENSES $2,919,601

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,456,374	$1,005,280	+0.4%
Expenses	$2,919,601	$791,979	+2.7%
Net Income	$-1,463,227	$213,301	-7.9%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$146,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM CHUN	SECRETARY	2.00	Director	$0	$0	$0
GLENN SANADA	TREASURER	2.00	Director	$0	$0	$0
KERRY N DOI	CHAIRMAN	2.00	Director	$0	$0	$0
RUBEN GRIGORIANS	CFO	40.00	Officer	$146,750	$0	$146,750

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	$1,456,374	$2,919,601	$16,813,025	$-1,463,227
2022	$482,503	$1,001,735	$14,189,660	$-519,232
2020	$807,963	$2,600,878	$15,412,991	$-1,792,915
2019	$571,251	$2,086,154	$5,303,344	$-1,514,903
2018	$603,522	$3,776,110	$10,006,944	$-3,172,588

LOS ANGELES HOUSING PARTNERSHIPINC