North East Trees Inc

EIN: 954320174 501(c)(3) Environment

Los Angeles, CA

Total Revenue
$3,085,117
Total Expenses
$2,757,373
Total Assets
$2,939,950
Net Assets
$2,615,811
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CA
Principal Officer
Carlos Moran
Phone
3234418634
Tax Period
2023-01-01 to 2023-12-31

North East Trees Inc, founded in 1991, is a community nonprofit in the Environment sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $2.8M left a modest 11% surplus.

Mission

North East Trees (NET) heals decades of environmental injustice and disinvestment through community-based urban forestry, nature-based design-build of parks, community engagement, and youth workforce development. Our projects, which take place in parks, schoolyards, public housing developments, and the City right-of-way, benefit communities that are disinvested, overburdened, and historically under-served. We are LA's oldest design-build non profit and a recognized leader across the State for actualizing grassroots community ideas to achieve sustainable climate-resilient projects. We've built the necessary trust to facilitate robust community-driven processes, empowering residents to have leadership and input into designing parks and green space for their communities. We envision a Los Angeles that is greener, healthier and more climate-resilient.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,805,877
Program Service Revenue $122,579
Investment Income $0
Other Revenue $156,661
TOTAL REVENUE $3,085,117

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,440,861
Fundraising Expenses $81,832
Program Expenses $2,499,759
Other Expenses $1,316,512
TOTAL EXPENSES $2,757,373

Year-over-Year Comparison

2023 2022 Change
Revenue $3,085,117 $2,219,707 +0.4%
Expenses $2,757,373 $2,024,899 +0.4%
Net Income $327,744 $194,808 +0.7%
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

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Governance

Voting Members
6
Independent Members
6
Employees
34
Volunteers
7

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
$183,457
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Ferraro President 5.00
Officer Director
$0 $0 $0
Cheryl Leutjen Vice President 4.00
Officer Director
$0 $0 $0
Gerry Kreger Treasurer 4.00
Officer Director
$0 $0 $0
Sarah Ragatz Secretary 4.00
Officer Director
$0 $0 $0
Clare Marter Kenyon Member at Large 4.00
Director
$0 $0 $0
Judy Thang Member at Large 4.00
Director
$0 $0 $0
Janet Schulman Interim Exec. Dir. 32.00
Officer
$92,000 $0 $92,000
Yarnell Smith Director of Finance 50.00
Officer
$77,043 $14,414 $91,457
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 $3,085,117 $2,757,373 $2,939,950 $327,744
2022 $2,219,707 $2,024,899 $2,558,101 $194,808
2021 $1,608,013 $1,554,929 $2,472,851 $53,084
2020 $1,263,031 $1,241,942 $2,393,957 $21,089
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