BETTER BURBANK CORPORATION

EIN: 954819679 501(c)(3)

BURBANK, CA

Total Revenue
N/A
Total Expenses
$29,840
Total Assets
$54,643
Net Assets
$54,643
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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
2018
Legal Domicile
CA
Principal Officer
TOM FLAVIN
Phone
8188463111
Tax Period
2021-01-01 to 2021-12-31

Mission

TO FURTHER THE ECONOMIC WELFARE OF THE REGION WITHIN THE INCORPORATED BOUNDARIES OF THE CITY OF BURBANK

Program Service Accomplishments

Program 1
Expenses: $10,000

PROVIDE RELEVANT ECONOMIC DATA TO EDUCATE THE PUBLIC ABOUT THE IMPORTANCE OF EXPANDING ITS ECONOMIC BASE TO DEVELOP A SUSTAINABLE ECONOMY IN THE CITY

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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 (2021)

Revenue Breakdown

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

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,000
Other Expenses $29,840
TOTAL EXPENSES $29,840

Year-over-Year Comparison

2021 2020 Change
Revenue N/A $117,000 -1.0%
Expenses $29,840 $89,640 -0.7%
Net Income N/A $27,360 N/A
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
16
Independent Members
16
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
3
$18,382
Total Directors
17
$18,382
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRIS TOURTELLOTTE BOARD MEMBER 1.00
Director
$0 $0 $0
DONOVAN GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CUSUMANO BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL W KRUEGER BOARD MEMBER 1.00
Director
$0 $0 $0
JOY FORBES DIRECTOR 1.00
Officer Director
$0 $0 $0
KELLY LINDEN BOARD MEMBER 1.00
Director
$0 $0 $0
VIC GEORGINO BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK R MILLER BOARD MEMBER 1.00
Director
$0 $0 $0
JIM O'NEIL BOARD MEMBER 1.00
Director
$0 $0 $0
TIMUR TECIMER BOARD MEMBER 1.00
Director
$0 $0 $0
LISA PITNEY BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL WALBRECHT BOARD MEMBER 1.00
Director
$0 $0 $0
SUNDER RAMANI INTERIM BOARD CHAIR 1.00
Officer Director
$0 $0 $0
STEVE MORA BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID M STEELE-FIGUEREDO BOARD MEMBER 1.00
Director
$0 $0 $0
SIMONE MCFARLAND BOARD MEMBER 1.00
Director
$0 $0 $0
TOM FLAVIN TREASURER 3.00
Officer Director
$18,382 $0 $18,382
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
2021 No data $29,840 $54,643 No data
2020 No data No data $57,123 No data
2020 $117,000 $89,640 $109,483 $27,360
2019 $151,500 $94,377 $57,123 $57,123
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