LOS ANGELES, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LTSC COMMUNITY DEVELOPMENT CORPORATION, founded in 1993, is a mid-sized nonprofit in the Housing & Shelter sector that reported $27.5M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8.6M, a strong 31% operating margin.
THE PURPOSE OF THE ORGANIZATION IS TO PLAN, PROMOTE AND SUPPORT COMMUNITY DEVELOPMENT ACTIVITIES WHICH PRESERVE THE JAPANESE AMERICAN AND MULTI-ETHNIC CULTURE AND HISTORY OF LITTLE TOKYO AND CONTRIBUTE TO ITS PHYSICAL, SOCIAL, CULTURAL AND ECONOMIC REVITALIZATION; TO SERVE AS A RESOURCE FOR SIMILAR COMMUNITY ECONOMIC DEVELOPMENT EFFORTS IN OTHER LOW-INCOME COMMUNITIES, PARTICULARLY ASIAN AND PACIFIC ISLANDER COMMUNITIES; AND TO DEVELOP, PROVIDE AND MAINTAIN AFFORDABLE HOUSING AND HOUSING-RELATED SERVICES IN THE LITTLE TOKYO AREA AND IN THE GREATER LOS ANGELES METROPOLITAN AREA FOR THE BENEFIT OF LOW TO MODERATE INCOME PEOPLE.
PROMOTED COMMUNITY ECONOMIC DEVELOPMENT THROUGH DEVELOPING, PROVIDING, AND MAINTAINING AFFORDABLE HOUSING; WORKED TO PRESERVE THE UNIQUE CULTURAL LEGACY AND LIFE OF THE LITTLE TOKYO COMMUNITY BY...
PROMOTED COMMUNITY ECONOMIC DEVELOPMENT THROUGH DEVELOPING, PROVIDING, AND MAINTAINING AFFORDABLE HOUSING; WORKED TO PRESERVE THE UNIQUE CULTURAL LEGACY AND LIFE OF THE LITTLE TOKYO COMMUNITY BY ACQUIRING AND RENOVATING FOUR OF THE 15 BUILDINGS IN THE LITTLE TOKYO HISTORIC DISTRICT ON FIRST STREET; PROVIDED SERVICES TO RESIDENTS OF THE ORGANIZATION'S AFFORDABLE HOUSING BUILDINGS IN THE IMMEDIATE DOWNTOWN LOS ANGELES AREA
PROVIDED MULTILINGUAL SOCIAL SERVICES; ORIGINALLY FOUNDED TO SERVE MONOLINGUAL JAPANESE LIVING IN LITTLE TOKYO, THE ORGANIZATION CONTINUED TO SERVE THIS POPULATION AND HAS EXPANDED TO SERVE THE...
PROVIDED MULTILINGUAL SOCIAL SERVICES; ORIGINALLY FOUNDED TO SERVE MONOLINGUAL JAPANESE LIVING IN LITTLE TOKYO, THE ORGANIZATION CONTINUED TO SERVE THIS POPULATION AND HAS EXPANDED TO SERVE THE JAPANESE AMERICAN POPULATION THROUGHOUT SOUTHERN CALIFORNIA, AS WELL AS OTHER ASIAN IMMIGRANT POPULATIONS IN LOS ANGELES. SERVICES HAVE EXPANDED TO CHILDREN, YOUTH, YOUNG ADULT AND ADULT POPULATIONS. THE HOMELESS SERVICES PROGRAM IS FOCUSED ON PROVIDING DIRECT SERVICES TO UNHOUSED PEOPLE IN LITTLE TOKYO AND THE SURROUNDING NEIGHBORHOODS THROUGH OUTREACH AND ENGAGEMENT, CASE MANAGEMENT, SERVICE REFERRAL AND HOUSING NAVIGATION.
WORKED WITH LITTLE TOKYO RESIDENTS AND STAKEHOLDERS TO IMPROVE THE COMMUNITY AND REPRESENT THEIR VOICES IN THE ONGOING DEVELOPMENT OF THE NEIGHBORHOOD; DEVELOPED AND MANAGED A MULTI-PURPOSE SPORTS...
WORKED WITH LITTLE TOKYO RESIDENTS AND STAKEHOLDERS TO IMPROVE THE COMMUNITY AND REPRESENT THEIR VOICES IN THE ONGOING DEVELOPMENT OF THE NEIGHBORHOOD; DEVELOPED AND MANAGED A MULTI-PURPOSE SPORTS AND ACTIVITIES CENTER TO PROVIDE A FACILITY WHERE YOUTH AND FAMILIES CAN CONGREGATE AND ENGAGE IN MEANINGFUL ACTIVITIES THAT EMPHASIZE SPORTSMANSHIP, TEAMWORK, DIVERSITY AND HEALTHY-LIVING; SERVED AS THE FISCAL SPONSOR FOR A NUMBER OF PROGRAMS, OFFERING TECHNICAL ASSISTANCE, AS WELL AS MANAGEMENT AND ADMINISTRATIVE SUPPORT TO HELP THE PROGRAMS FULFILL THEIR RESPECTIVE GOALS AND MISSIONS.ADMINISTERED SUBSIDIZED, HIGH QUALITY CHILD CARE FOR PRIMARILY LOW-INCOME FAMILIES WITH CHILDREN AGES SIX WEEKS TO FIVE YEARS OLD. THE FAMILY CHILD CARE PROGRAM INVOLVES HOME-BASED PROVIDERS WHO SERVICE NEWBORNS AND TODDLERS, AND ANGELINA PRESCHOOL SERVICES THREE TO FIVEYEAR-OLDS. THE PROGRAMS ARE DEVELOPMENTAL, CHILD-ORIENTED, SERVICE PROGRAM COSTS OF OTHER, NON-CHILDCARE, RELATED PROGRAMS, PARENT-FRIENDLY AND STAFFED BY SKILLED PROFESSIONALS.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $27,521,241 | $22,256,319 | +0.2% |
| Expenses | $18,939,588 | $15,986,199 | +0.2% |
| Net Income | $8,581,653 | $6,270,120 | +0.4% |
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 |
|---|---|---|---|---|---|---|
| CLAIRE KITAYAMA | PRESIDENT | 1.50 |
Officer
Director
|
$0 | $0 | $0 |
| MIGUEL NUNEZ | VICE PRESIDENT | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFRY YONEMURA | TREASURER | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| JESSICA CHANG | SECRETARY | 0.80 |
Officer
Director
|
$0 | $0 | $0 |
| ERICH NAKANO | EXECUTIVE DIRECTOR | 40.00 |
Officer
|
$172,127 | $0 | $172,127 |
| BOMEE FAIN | CFO | 40.00 |
Officer
|
$131,686 | $0 | $131,686 |
| DICK KAKU | BOARD MEMBER | 1.50 |
Director
|
$0 | $0 | $0 |
| EDWIN TAKAHASHI | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KATHY MASAOKA | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KELSEY IINO | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KEITH TERASAKI | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| DENNIS ARGUELLES | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| JEFF SCHAFFER | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KIRA CONLON | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KAREN UMEMOTO | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KELLY TAKASU | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| BETTY AVILA | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| BIBIANA ROSALIA | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| CHRIS AIHARA | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| DAE JOONG YOON | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| MARY ANN TAKEMOTO | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| NOELLE ITO | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| PERLA ESTON | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| SID KATO | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| MARIA AHVERDYAN | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| DAVID HOWDEN | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| KEVIN OYAMA | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| HELEN OTA | BOARD MEMBER | 0.80 |
Director
|
$0 | $0 | $0 |
| DEBBIE CHEN | HIGH COMPENSATED EMPLOYEE | 40.00 |
Highest
|
$132,977 | $0 | $132,977 |
| TADAO PETER GEE | HIGH COMPENSATED EMPLOYEE | 40.00 |
Highest
|
$132,927 | $0 | $132,927 |
| TAKAO SUZUKI | HIGH COMPENSATED EMPLOYEE | 40.00 |
Highest
|
$163,110 | $0 | $163,110 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $27,521,241 | $18,939,588 | $187,942,341 | $8,581,653 |
| 2023 | $22,256,319 | $15,986,199 | $126,635,879 | $6,270,120 |
| 2022 | $23,573,245 | $13,882,380 | $83,519,714 | $9,690,865 |
| 2021 | $15,469,523 | $12,386,610 | $47,200,516 | $3,082,913 |
| 2020 | $19,015,665 | $12,199,691 | $41,097,170 | $6,815,974 |
| 2019 | $15,491,804 | $10,391,440 | $37,349,114 | $5,100,364 |
| 2018 | $14,518,147 | $11,767,914 | $34,168,200 | $2,750,233 |
Compare LTSC COMMUNITY DEVELOPMENT CORPORATION with other nonprofits in California and across the country.