LOS ANGELES ROD AND REEL CLUB FOUN… - Form 990 Financial Data

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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

1951

Legal Domicile

Principal Officer

STEVE SIMON

Phone

3109953592

Tax Period

2024-01-01 to 2024-12-31

LOS ANGELES ROD AND REEL CLUB FOUNDATION, founded in 1951, is a micro nonprofit that reported $97K in total revenue in fiscal year 2024. The organization ran a surplus of $24K, a strong 25% operating margin.

Mission

TO PROVIDE CHILDREN IN NEED WITH THE OPPORTUNITY TO PARTICIPATE IN RECREATIONAL FISHING THROUGH VARIOUS FISHING PROGRAMS,

Program Service Accomplishments

Program 1

FISHING TRIPS FOR UNDERPRIVILEDGED CHILDREN

Program 2

TROUT DERBY FOR MENTALLY CHALLENGED CHIOLDREN

Program 3

Expenses: $7,568

MARINE MENTORS TRIP TO TEACH CHILDREN AND VETERANS HOW TO FISH

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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 $84,679

Program Service Revenue $0

Investment Income $1,895

Other Revenue $9,938

TOTAL REVENUE $96,512

Expense Breakdown

Grants Paid $38,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $65,555

Other Expenses $33,810

TOTAL EXPENSES $72,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$96,512	$93,490	+0.0%
Expenses	$72,310	$69,346	+0.0%
Net Income	$24,202	$24,144	+0.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BALLOTTI	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
RON GLIDER	TRUSTEE	N/A	Director	$0	$0	$0
JOHN GOSS	TRUSTEE	N/A	Director	$0	$0	$0
ED LIEBERMAN	CO CHAIRMAN	N/A	Officer Director	$0	$0	$0
CHARLES SCHOEMAKER	TRUSTEE	N/A	Director	$0	$0	$0
STEVE SIMON	CO CHAIRMAN	N/A	Officer Director	$0	$0	$0
PAUL VARENCHIK	TRUSTEE	N/A	Director	$0	$0	$0
PAMELA WARREN	TRUSTEE	N/A	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
2024	$96,512	$72,310	$362,922	$24,202
2023	$93,490	$69,346	$314,481	$24,144
2022	$107,279	$49,435	$285,588	$57,844
2021	$80,280	$43,939	$227,744	$36,341
2020	$109,243	$54,864	$191,403	$54,379
2019	$111,616	$85,881	$137,024	$25,735
2018	$66,138	$44,651	$111,289	$21,487

LOS ANGELES ROD AND REEL CLUB FOUNDATION