AEG COMMUNITY FOUNDATION (FKA STAP… - Form 990 Financial Data

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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

1997

Legal Domicile

Principal Officer

ROB REED

Phone

2137637700

Tax Period

2019-01-01 to 2019-12-31

AEG COMMUNITY FOUNDATION (FKA STAPLES CENTER FOUNDATION), founded in 1997, is a small nonprofit in the Education sector that reported $431K in total revenue in fiscal year 2019. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

AEG COMMUNITY FOUNDATION IS ORGANIZED FOR THE PRIMARY EXEMPT PURPOSE OF SUPPORTING EDUCATIONAL AND RECREATIONAL PROGRAMS FOR CHILDREN AND OTHER CHARITABLE ACTIVITIES IN THE UNITED STATES.

Program Service Accomplishments

Program 1

Expenses: $427,085

THE MISSION OF THE FOUNDATION IS TO SUPPORT CHILDREN AND FAMILIES IN NEED THROUGH GRANT MAKING IN THE AREAS OF K-12 EDUCATION, THE ARTS, AND HEALTH AND WELLNESS. THE ORGANIZATION CONTRIBUTES TO...

THE MISSION OF THE FOUNDATION IS TO SUPPORT CHILDREN AND FAMILIES IN NEED THROUGH GRANT MAKING IN THE AREAS OF K-12 EDUCATION, THE ARTS, AND HEALTH AND WELLNESS. THE ORGANIZATION CONTRIBUTES TO NONPROFIT ORGANIZATIONS IN THE UNITED STATES FOR PROGRAM SUPPORT, GENERAL OPERATING SUPPORT AND CAPITAL IMPROVEMENTS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $419,113

Program Service Revenue $0

Investment Income $0

Other Revenue $12,220

TOTAL REVENUE $431,333

Expense Breakdown

Grants Paid $427,085

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $427,085

Other Expenses $24,221

TOTAL EXPENSES $451,306

Year-over-Year Comparison

	2019	2018	Change
Revenue	$431,333	$611,729	-0.3%
Expenses	$451,306	$574,680	-0.2%
Net Income	$-19,973	$37,049	-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

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	Role	Reportable Comp	Other Comp	Total
DAN BECKERMAN	PRESIDENT	Officer	$0	$0	$0
ROB REED	CHIEF FINANCIAL OFFICER	Officer	$0	$0	$0
MARTHA SAUCEDO	EXECUTIVE VP-EXTERNAL AFFAIRS	Officer	$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
2019	$431,333	$451,306	$288,079	$-19,973

AEG COMMUNITY FOUNDATION (FKA STAPLES CENTER FOUNDATION)