The562 Network Inc

Arts & culture organization based in Long Beach, CA. 3 employees. Exempt under §501(c)(3).

MissionThis Corporation is a nonprofit public benefit corporation and is not organized for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for public purposes. The specific purpose of this Corporation is to be a community-funded

Financial snapshot · TY 2024

$340K
Total revenue
$329K
Total expenses
$80K
Net assets

Financial health · TY 2024

47
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
14
2.6 months of expenses
Program efficiency
87
84.9% spent on programs
Revenue diversity
31
Mix of program fees, grants & contributions

Leadership compensation

Michael Guardabascio
Founder Editor
$70,211
82th percentile vs. peers
Jeffrey L Fiddler Jr
Founder Editor
$68,608
82th percentile vs. peers
S Tyler R Hendrickson
Development Director Associate Editor
$64,895
80th percentile vs. peers

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The562 Network Inc Executive Compensation | 990 Data | DoubleNine