ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS

EIN: 954779029 501(c)(3)

LOS ANGELES, CA

Total Revenue
$10,738,936
Total Expenses
$14,569,884
Total Assets
N/A
Net Assets
N/A
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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
2003
Legal Domicile
CA
Principal Officer
DAVID LAUCK
Phone
2139434930
Tax Period
2019-07-01 to 2019-12-31

ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS, founded in 2003, is a mid-sized nonprofit that reported $10.7M in total revenue in fiscal year 2019. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $14.6M exceeded revenue, resulting in a 36% operating deficit.

Mission

TO OPEN AND TO CREATE A NETWORK OF EXCELLENT SMALL HIGH-PERFORMING 9-12 AND 6-8 PUBLIC SCHOOLS IN HISTORICALLY LOW INCOME COMMUNITIES IN LOS ANGELES THAT WILL SIGNIFICANTLY OUTPERFORM OTHER PUBLIC SCHOOLS IN PREPARING STUDENTS TO ENTER AND SUCCEED IN COLLEGE. ALTHOUGH THE ENTITY HAS BEEN DISSOLVED AS OF 12/31/2019, ALL ACTIVITY FOR THE SCHOOL WILL NOW BE INCLUDED ON ALLIANCE COLLEGE-READY PUBLIC SCHOOLS, FORMERLY KNOWN AS ALLIANCE MARINE - INNOVATION AND TECHNOLOGY 6-12 COMPLEX (EIN: 47-2892698), FORM 990 GOING FORWARD.

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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 (2019)

Revenue Breakdown

Contributions & Grants $1,281,734
Program Service Revenue $9,137,949
Investment Income $56,102
Other Revenue $263,151
TOTAL REVENUE $10,738,936

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,215,154
Fundraising Expenses $572,279
Program Expenses $5,394,644
Other Expenses $6,354,730
TOTAL EXPENSES $14,569,884

Year-over-Year Comparison

2019 2018 Change
Revenue $10,738,936 $27,179,883 -0.6%
Expenses $14,569,884 $24,223,557 -0.4%
Net Income $-3,830,948 $2,956,326 -2.3%
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
22
Independent Members
22
Employees
165
Volunteers
30

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
3
$666,688
Total Directors
23
$0
Key Employees
8
$1,661,387
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMES ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
ALAN ARKATOV DIRECTOR 1.00
Director
$0 $0 $0
FRANK BAXTER DIRECTOR 1.00
Director
$0 $0 $0
BRETT BREWER DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH DRAKE DIRECTOR & CO-CHAIR 1.00
Director
$0 $0 $0
DAVID FISHER DIRECTOR 1.00
Director
$0 $0 $0
CECILIA AGUILERA GLASSMANS DIRECTOR 1.00
Director
$0 $0 $0
TOM HEYMANN DIRECTOR 1.00
Director
$0 $0 $0
RICKEY IVIE DIRECTOR 1.00
Director
$0 $0 $0
JOHN KISSCK DIRECTOR 1.00
Director
$0 $0 $0
ERIK KRONSTADT DIRECTOR 1.00
Director
$0 $0 $0
JEFF MARINE DIRECTOR & CO-CHAIR 1.00
Director
$0 $0 $0
MAURICIO MOTA DIRECTOR (AS OF 7/2019) 1.00
Director
$0 $0 $0
WILLIAM OUCHI DIRECTOR (UNTIL 7/2019) 1.00
Director
$0 $0 $0
ELIZABETH GREGORY RIORDAN DIRECTOR 1.00
Director
$0 $0 $0
VIRGIL ROBERTS DIRECTOR 1.00
Director
$0 $0 $0
DARLINE ROBLES DIRECTOR 1.00
Director
$0 $0 $0
FRED SIMMONS DIRECTOR 1.00
Director
$0 $0 $0
MICHELE SIQUEIROS DIRECTOR 1.00
Director
$0 $0 $0
EVA STERN DIRECTOR 1.00
Director
$0 $0 $0
RACHEL KAGANOFF STERN DIRECTOR 1.00
Director
$0 $0 $0
RONALD SUGAR DIRECTOR 1.00
Director
$0 $0 $0
DALE OKUNO DIRECTOR & SECRETARY 1.00
Officer Director
$0 $0 $0
DAN KATZIR CEO 40.00
Officer
$407,148 $29,578 $436,726
DAVID LAUCK CFO 40.00
Officer
$201,390 $28,572 $229,962
CATHERINE E SUITOR CHIEF ADVANCEMENT OFFICER 40.00
Key Emp
$194,732 $22,699 $217,431
ZAINAB ALI CHIEF OF STAFF 40.00
Key Emp
$184,950 $15,303 $200,253
ANA MENEZES CHIEF ACADEMIC OFFICER 40.00
Key Emp
$219,100 $14,837 $233,937
ROBERT ANTHONY ESCALANTE GENERAL COUNSEL 40.00
Key Emp
$229,270 $15,576 $244,846
MONICA VICTORIA VASQUEZ CHIEF TALENT OFFICER 40.00
Key Emp
$169,338 $20,430 $189,768
YASMIN PACHNANDA CHIEF COLLEGE OFFICER 40.00
Key Emp
$176,495 $28,496 $204,991
JILLIAN JUMAN MANAGING INSTRUCTIONAL SUPERINTENDENT 40.00
Key Emp
$167,857 $16,748 $184,605
RODOLFO ELIZONDO INSTRUCTIONAL SUPERINTENDENT 40.00
Key Emp
$164,057 $21,499 $185,556
MARIAH CONE DIRECTOR, SCHOOL LEADERSHIP 40.00
Highest
$138,762 $25,019 $163,781
JESSICA ROSE BOX VP, CURRICULUM AND INSTRUCTION 40.00
Highest
$140,500 $11,976 $152,476
DESMOND ROBERT LOVELL VP, FINANCE 40.00
Highest
$143,865 $27,271 $171,136
RYAN DAVID BENNETT INSTRUCTIONAL SUPERINTENDENT 40.00
Highest
$142,735 $19,762 $162,497
JEEYUN CLARA LIM ASSOCIATE GENERAL COUNSEL 40.00
Highest
$130,768 $27,731 $158,499
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 $27,179,883 $24,223,557 $65,516,079 $2,956,326
2019 $10,738,936 $14,569,884 No data $-3,830,948
2018 $28,890,645 $22,790,219 $77,255,870 $6,100,426
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