Friends of Expo Center
Nonprofit profile at a glance
- EIN
- 954713734
- IRS 990-EZ coverage
- 2021–2021
- Forms available
- Form 990 2020, Form 990-EZ 2021
- Location
- Calabasas, CA, USA
- Phone
- 2137630114
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Recreational Centers
Reported finances
- Revenue
- $105,985
- Expenses
- $640,884
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
22 people listed
People named in this filing
- JOHN ARGUE (CO-CHAIR)
- TERRY FEIT (CO-CHAIR)
- F PATRICK ESCOBAR (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The friends enables expo center to offer many critical educational, recreational, cultural and enrichment programs for at-risk youth and their families and seniors, most of which would not be possible without our financial support. These programs include an afterschool academic enrichment program, the expo center youth orchestra, summer camperships, the learn-to-swim program, senior fitness and computer classes, youth sports, the summer youth job corps, and teen leadership and college readiness programs.
What it reported doing in 2021
The organization has dissolved. Remaining funds were distributed to play equity fund to be used for programs at expo center.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Sustainability: 8
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 63.6%; rating input score 64
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -504.7%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -14.5% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -13.2% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 63.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $408K in reported program spending
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.