NORTH GLENDALE COMMUNITY OUTREACH INC

EIN: 954860298 501(c)(3) Food, Agriculture & Nutrition

GLENDALE, CA

Total Revenue
$247,700
Total Expenses
$247,382
Total Assets
$568
Net Assets
$568
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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
2001
Legal Domicile
CA
Phone
8185105175
Tax Period
2023-01-01 to 2023-12-31

NORTH GLENDALE COMMUNITY OUTREACH INC, founded in 2001, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $248K in total revenue in fiscal year 2023.

Mission

FOOD DISTRIBUTION TO HOMELESS AND UNDERPRIVILEDGED INDIVIDUALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $247,700
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $247,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $242,947
Other Expenses $247,382
TOTAL EXPENSES $247,382

Year-over-Year Comparison

2023 2022 Change
Revenue $247,700 N/A N/A
Expenses $247,382 N/A N/A
Net Income $318 N/A 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
3
Independent Members
3
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASATUR CHAKRYAN CEO 5.00
Officer Director
$0 $0 $0
NIKOLI HAMBARDZUMYAN Secretary 1.00
Director
$0 $0 $0
SERGEY ARUTUNOV Treasurer 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
2023 $247,700 $247,382 $568 $318
2021 $229,198 $307,577 $841 $-78,379
2020 $310,414 $231,392 $79,220 $79,022
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