Los Angeles 1st Preschool Education Center Inc

EIN: 954601865 501(c)(3) Human Services

Los Angeles, CA

Total Revenue
$691,962
Total Expenses
$809,110
Total Assets
$738,253
Net Assets
$-421,770
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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
CA
Principal Officer
Su Kyong Ahn
Phone
3237338827
Tax Period
2022-01-01 to 2022-06-30

Los Angeles 1st Preschool Education Center Inc, founded in 1996, is a small nonprofit in the Human Services sector that reported $692K in total revenue in fiscal year 2022. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $809K exceeded revenue, resulting in a 17% operating deficit.

Mission

Child Day Care Service and Preschool Education.

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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 (2022)

Revenue Breakdown

Contributions & Grants $691,962
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $691,962

Expense Breakdown

Grants Paid $0
Salaries & Benefits $415,085
Fundraising Expenses $0
Other Expenses $394,025
TOTAL EXPENSES $809,110

Year-over-Year Comparison

2022 2021 Change
Revenue $691,962 $1,227,823 -0.4%
Expenses $809,110 $830,301 0.0%
Net Income $-117,148 $397,522 -1.3%
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
5
Independent Members
5
Employees
21
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
4
$0
Total Directors
5
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Byung Tae Ahn President 040.00
Officer Director
$0 $0 $0
Su Kyong Ahn Vice President 040.00
Officer Director Key Emp
$0 $0 $0
Su Kyong Ahn Secretary 020.00
Officer Director Key Emp
$0 $0 $0
Yeon Joo Park Treasurer 001.00
Officer Director
$0 $0 $0
Young Jun Kim Director 001.00
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 No data No data No data No data
2024 No data No data No data No data
2022 $691,962 $809,110 $738,253 $-117,148
2021 $1,227,823 $830,301 $875,766 $397,522
2020 $650,503 $726,598 $589,724 $-76,095
2019 $1,078,901 $1,083,965 $30,262 $-5,064
2018 $1,342,386 $1,341,190 $95,005 $1,196
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