EAGLE ROCK COMMUNITY CULTURAL ASSOCIATION

EIN: 954689576 501(c)(3) Recreation & Sports

LOS ANGELES, CA

Total Revenue
$426,841
Total Expenses
$307,492
Total Assets
$343,938
Net Assets
$338,147
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
CA
Principal Officer
MELINDA ANN FARRELL
Phone
3235613044
Tax Period
2022-07-01 to 2023-06-30

EAGLE ROCK COMMUNITY CULTURAL ASSOCIATION, founded in 1998, is a small nonprofit in the Recreation & Sports sector that reported $427K in total revenue in fiscal year 2022. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $119K, a strong 28% operating margin.

Mission

CENTER FOR THE ARTS EAGLE ROCK'S MISSION IS TO BE AN INNOVATIVE, CULTURAL HUB FOR NORTHEAST LOS ANGELES PROVIDING ACCESS TO TRANSFORMATIVE ARTS EDUCATION AND MULTIDISCIPLINARY ARTS EXPERIENCES FOR ALL WHO LOVE THE ARTS.

Program Service Accomplishments

Program 1
Expenses: $218,239 Revenue: $120,635

THE CENTER WAS CLEARED TO REOPEN BY THE DCA IN JUNE 2022 TO RESUME OPERATIONS AND WELCOME THE COMMUNITY BACK FOR LIVE PROGRAMMING WITH COVID SAFETY MEASURES IN PLACE. WITH A PHASED ROLLOUT, CFAER...

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THE CENTER WAS CLEARED TO REOPEN BY THE DCA IN JUNE 2022 TO RESUME OPERATIONS AND WELCOME THE COMMUNITY BACK FOR LIVE PROGRAMMING WITH COVID SAFETY MEASURES IN PLACE. WITH A PHASED ROLLOUT, CFAER OFFERED ONSITE WORKSHOPS IN PAINTING, DRAWING, TEXTILE ARTS, COMICS, PAPER MACHE, SCULPTURE, ZINES AND PRINTMAKING AS WELL AS A YOUTH SUMMER ARTS POP UP, WINTER ARTS CAMP, THE NEW INITIATIVE CFAER TEENS, NELA MUSIC CONCERT SERIES, AND GROUP EXHIBITIONS WITH COMPANION WORKSHOPS AND PERFORMANCES. OUR AFTERSCHOOL ARTS ENRICHMENT PROGRAM, IMAGINE STUDIO BROUGHT CONTEMPORARY ARTISTS BACK INTO ELEMENTARY SCHOOL CLASSROOMS TO SHARE STANDARDS-BASED ART PROJECTS, MATERIALS AND TECHNIQUES. WE PROVIDED FREE EXHIBITION SPACE AND CURATORIAL RESOURCES FOR EAGLE ROCK HIGH SCHOOL ARTISTS TO PRESENT ORIGINAL SHOWS AND CONTINUED TO OFFER FREE ONLINE DRAWING LAB AND DOODLE HOUR ARTS CLASSES FOR VULNERABLE SENIORS AND YOUNG CHILDREN. THROUGH A SUCCESSFUL RFP SUBMISSION, CFAER WAS AWARDED A FIVE-YEAR CONTRACT TO EXPAND OUR CULTURAL SERVICE PROVISION TO CONNECT OUR NORTHEAST LOS ANGELES COMMUNITIES AND BEYOND TO THE TRANSFORMATIVE POWER OF THE ARTS.

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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 $306,197
Program Service Revenue $120,635
Investment Income $9
Other Revenue $0
TOTAL REVENUE $426,841

Expense Breakdown

Grants Paid $0
Salaries & Benefits $212,707
Fundraising Expenses $15,956
Program Expenses $218,239
Other Expenses $94,785
TOTAL EXPENSES $307,492

Year-over-Year Comparison

2022 2021 Change
Revenue $426,841 $393,544 +0.1%
Expenses $307,492 $359,866 -0.1%
Net Income $119,349 $33,678 +2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
11
Volunteers
57

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
$106,627
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOUGLAS DAWSON TREASURER 1.50
Officer Director
$0 $0 $0
LINDA LYKE SECRETARY 1.50
Officer Director
$0 $0 $0
JOE FORTE ADVISOR TO THE BOARD 1.50
Director
$0 $0 $0
ELIZABETH AFFUSO DIRECTOR 0.50
Director
$0 $0 $0
MARY SHERWOOD BROCK DIRECTOR 1.50
Director
$0 $0 $0
LINDA JOHNSTONE-ALLEN DIRECTOR 1.50
Director
$0 $0 $0
GATSBY CORAM CHAIR 1.50
Officer Director
$0 $0 $0
MELINDA ANN FARRELL EXECUTIVE DIRECTOR 40.00
Officer
$93,636 $12,991 $106,627
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
2023 $426,841 $307,492 $343,938 $119,349
2022 $393,544 $359,866 $267,396 $33,678
2021 $337,893 $360,354 $289,462 $-22,461
2020 $438,306 $428,408 $301,642 $9,898
2019 $601,497 $609,919 $244,295 $-8,422
2018 $580,700 $584,133 $252,485 $-3,433
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