Plaza Comunitaria Sinaloa

Nonprofit profile at a glance

EIN
820601187
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Panorama City, CA, USA
Phone
8318181216
Rating
67
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Adult, Continuing Education

Reported finances

Revenue
$525,288
Expenses
$560,871
Assets
$60,010
Liabilities
$26,003

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

Leadership & pay

15 people listed

Executive titles in this filing

  • Julieta Garcia Gonzalez (Chief Executive Officer)

Highest reported compensation

  • Jacqueline Paniagua (Chief Operations Officer): $77,663 total reported compensation
  • Julieta Garcia Gonzalez (Chief Executive Officer): $69,807 total reported compensation
  • JESSICA M PANIAGUA (PROGRAM SERVICES): $57,996 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To empower community residents to overcome societal barriers through education and employment development. Provide outreach services and access to alternative educational systems for developing reading writing communication critical thinking emotional well-being and information technology skills that encourage upward mobility and entry into a new career path. Support the community by providing a communal space for educational recreational and cultural events that serve the needs and interests of the local area.

What it reported doing in 2024

We offer educational and workforce development programs to underserved communities in the Los Angeles County Northeast Valley. We partner with local organizations on initiatives tailored to meet these communities needs. Our key programs cover Adult Literacy English as a Second Language ESL GED Test Preparation Citizenship Test Preparation Digital Literacy and workshops on Mental Health Domestic Violence Prevention Financial Literacy Arts and Culture.

Operating model

Revenue model
Grant-funded. 99% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 93
  • Accountability: 43
  • Sustainability: 14
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.1%; rating input score 70
  • Program expense ratio: 65.6%; rating input score 66
  • Fundraising efficiency: $10.83 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 11th percentile among comparable filings
  • Governance controls: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -6.8%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.11; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 0.43; rating input score 18; 18th percentile among comparable filings
  • Officer compensation ratio: 59.6%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 62.8% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: 40.5% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: -50.1% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 70.1% of revenue deployed · 65.6% of spending went to programs
  • Governance: 3 of 6 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $368K in reported program spending
  • Leadership: top reported pay $78K · 15 people listed
  • Consistency: 37 of 38 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • 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.

  • Review — Accountability: Independent voting board scored 50/100.
  • Moderate — Accountability: Governance controls: 6 of 9 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 18/100.