THE LOS ANGELES POLICE ACADEMY MAGNET SCHOOL FOUNDATION (EIN 954602270) - 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

IRA W KRINSKY

Phone

3102460404

Tax Period

2025-01-01 to 2025-12-31

THE LOS ANGELES POLICE ACADEMY MAGNET SCHOOL FOUNDATION, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $210K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $84K, a strong 40% operating margin.

Mission

TO DEVELOP A POOL OF HOME GROWN AND HIGHLY QUALIFIED CANDIDATES WHOSE CHARACTER, EDUCATIONAL EXPERIENCES AND COMMITMENT TO PUBLIC SERVICE WILL POSITIVELY IMPACT THE CULTURE OF POLICING IN LOS ANGELES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $105,000

Program Service Revenue $0

Investment Income $104,798

Other Revenue $0

TOTAL REVENUE $209,798

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,649

Other Expenses $122,946

TOTAL EXPENSES $125,946

Year-over-Year Comparison

	2025	2024	Change
Revenue	$209,798	$231,355	-0.1%
Expenses	$125,946	$197,784	-0.4%
Net Income	$83,852	$33,571	+1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRA KRINSKY	PRESIDENT	10.00	Officer Director	$0	$0	$0
ELLOIT A PONCHICK	TREASURER	1.00	Officer Director	$0	$0	$0
JAMIE TAM	BOARD MEMBER	1.00	Director	$0	$0	$0
SANDY JO MACARTHUR	BOARD MEMBER	1.00	Director	$0	$0	$0
RONALD VOGEL	BOARD MEMBER	1.00	Director	$0	$0	$0
SEPPIE AZADI	SECRETARY	1.00	Officer Director	$0	$0	$0
DANA HOLLINGER	BOARD MEMBER	1.00	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	$209,798	$125,946	$1,288,568	$83,852
2024	$231,355	$197,784	$1,204,057	$33,571
2023	$150,391	$141,861	$1,169,907	$8,530
2022	$162,994	$101,583	$1,160,387	$61,411
2021	$141,972	$72,378	$1,101,691	$69,594
2020	$93,758	$123,637	$1,029,463	$-29,879
2019	$207,510	$267,002	$1,059,170	$-59,492
2018	$294,390	$211,254	$1,118,414	$83,136

THE LOS ANGELES POLICE ACADEMY MAGNET SCHOOL FOUNDATION