Granada Hills Community Foundation

Nonprofit profile at a glance

EIN
463612720
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2023
Location
Granada Hills, CA, USA
Phone
8188040095
Rating
47
Verdict
MIXED
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Reported finances

Revenue
$69,033
Expenses
$41,030
Assets
$51,643
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Madlena Minasian (President)

People named in this filing

  • Madlena Minasian (President)
  • Agnes Lewis (CFO (Treasurer))
  • Emilie Koster (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote cohesion, tolerance, and well-being in the Granada Hills community, through neighborhood programs designed to bring people together, such as the annual Holiday Parade attended by > 12,000 people. Also an example is the annual Street Faire that brings together many of the small businesses in the area.

What it reported doing in 2024

Annual Holiday Parade. Attended by 10,000 to 12,000 people in Granada Hills. Santa Claus was one of the parade marshals. Brought together families, small businesses in the area, classic car afficionados, to celebrate the cohesiveness of the Granada Hills community. annual Street Faire, in conjunction with the Granada Hills Chamber of Commerce, gave an opportunity for small businesses in the area to display their wares. Many neighborhood councils participated, as well as service organizations and non-profits.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 40.6%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 1.26; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -150% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 10.3% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 46.5% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.