SUSTAINABLE ECONOMIC ENTERPRISES OF LA DBA FOOD ACCESS LOS ANGELES (EIN 954597000) - 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

1996

Legal Domicile

Principal Officer

JENNIFER GRISSOM

Phone

3234633171

Tax Period

2024-07-01 to 2025-06-30

SUSTAINABLE ECONOMIC ENTERPRISES OF LA DBA FOOD ACCESS LOS ANGELES, founded in 1996, is a community nonprofit in the Community Improvement sector that reported $9.0M in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $17.0M exceeded revenue, resulting in a 88% operating deficit.

Mission

FOOD ACCESS LA'S MISSION IS TO BUILD SUSTAINABLE FOOD SYSTEMS AND FRESH FOOD ACCESS, PROMOTE SOCIAL AND CULTURAL ACTIVITIES THAT BENEFIT LOW-TO-MODERATE INCOME RESIDENTS OF LOS ANGELES COUNTY, AND SUPPORT CALIFORNIA SMALL AND MID-SIZE FARMS.

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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 $3,423,591

Program Service Revenue $5,570,818

Investment Income $31,075

Other Revenue $19,887

TOTAL REVENUE $9,045,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,143,766

Fundraising Expenses $154,711

Program Expenses $7,177,218

Other Expenses $14,904,225

TOTAL EXPENSES $17,047,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,045,371	$6,184,473	+0.5%
Expenses	$17,047,991	$5,777,640	+2.0%
Net Income	$-8,002,620	$406,833	-20.7%

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

Governance

Voting Members

Independent Members

Employees

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

$136,164

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE FORBES	CHAIR	2.00	Officer Director	$0	$0	$0
ARMAND DAWKINS	SECRETARY	2.00	Officer Director	$0	$0	$0
MIRANDA RODRIGUEZ	TREASURER	2.00	Officer Director	$0	$0	$0
KEVIN GOLDFEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEMILLE HALLIBURTON	BOARD MEMBER	1.00	Director	$0	$0	$0
DERRICK CHAPMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURYN TYRELL	BOARD MEMBER	2.00	Director	$0	$0	$0
LINA O'CONNOR	BOARD MEMBER	2.00	Director	$0	$0	$0
ESTHER VARET	BOARD MEMBER	1.00	Director	$0	$0	$0
MINH PHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
SHEILA BUCHANAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELISE PEARLSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
JALEN MARABLE	BOARD MEMBER	1.00	Director	$0	$0	$0
KENNY LAO	BOARD MEMBER	1.00	Director	$0	$0	$0
BENNY TRAN	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER GRISSOM	EXECUTIVE DIRECTOR	40.00	Officer	$129,137	$7,027	$136,164

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	$9,045,371	$17,047,991	$6,531,823	$-8,002,620
2024	$6,184,473	$5,777,640	$2,048,806	$406,833
2023	$3,970,642	$4,260,817	$1,787,043	$-290,175
2022	$3,130,946	$3,333,838	$1,115,611	$-202,892
2021	$4,136,825	$4,852,147	$1,232,799	$-715,322
2020	$4,310,365	$2,970,006	$2,131,089	$1,340,359
2019	$1,727,414	$1,702,269	$379,590	$25,145
2018	$1,750,393	$1,689,585	$362,931	$60,808

SUSTAINABLE ECONOMIC ENTERPRISES OF LA DBA FOOD ACCESS LOS ANGELES