INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEVELOPMENT CORPORATION (EIN 954871106) - Form 990 Financial Analysis & Trantor Score

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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

2002

Legal Domicile

Principal Officer

JUAN M BENITEZ

Phone

8183026114

Tax Period

2024-07-01 to 2025-06-30

INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEVELOPMENT CORPORATION, founded in 2002, is a community nonprofit in the Civil Rights & Advocacy sector that reported $4.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 3% surplus.

Mission

Initiating Change in Our Neighborhoods, Community Development Corporation empowers residents and small businesses in the San Fernando Valley through programs that support social, civic, economic development and education.

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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 (2024)

Revenue Breakdown

Contributions & Grants $155,000

Program Service Revenue $3,652,159

Investment Income $15,123

Other Revenue $316,408

TOTAL REVENUE $4,138,690

Expense Breakdown

Grants Paid $398,933

Salaries & Benefits $2,287,949

Fundraising Expenses $0

Program Expenses $3,909,708

Other Expenses $1,323,810

TOTAL EXPENSES $4,010,692

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,138,690	$3,754,153	+0.1%
Expenses	$4,010,692	$2,704,478	+0.5%
Net Income	$127,998	$1,049,675	-0.9%

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

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

$72,102

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC LARA	DIRECTOR	8.00		$102,254	$0	$102,254
JUAN M BENITEZ	President & CEO	8.00	Officer	$72,102	$0	$72,102
FERNANDO OLIVEROS	CHAIRMAN	0.29	Director	$0	$0	$0
JESUS RAMOS	TREASURER	0.29	Director	$0	$0	$0
MARCO SANTANA	BOARD MEMBER	0.29	Director	$0	$0	$0
YOLANDA FUENTES	BOARD MEMBER	0.29	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
2025	$4,138,690	$4,010,692	$5,969,835	$127,998
2024	$3,754,153	$2,704,478	$5,669,704	$1,049,675
2023	$4,036,369	$1,739,054	$2,825,532	$2,297,315
2022	$1,420,637	$1,390,255	$445,131	$30,382
2021	$1,073,531	$1,033,867	$478,690	$39,664
2020	$948,618	$885,748	$327,007	$62,870
2018	$625,375	$543,006	$202,659	$82,369

INITIATING CHANGE IN OUR NEIGHBORHOODS COMMUNITY DEVELOPMENT CORPORATION