Friends Of South Central Losangeles Regional Center For Develop
Friends Of South Central Losangeles Regional Center For Develop consistently reports zero executive compensation and growing assets.
EIN: 205974027 · Los Angeles, CA · NTEE: T11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.1M |
| Total Expenses | $7.0M |
| Program Spending | 85% |
| Net Assets | $29.1M |
| Transparency Score | 90/100 |
Is Friends Of South Central Losangeles Regional Center For Develop Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of South Central Losangeles Regional Center For Develop directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of South Central Losangeles Regional Center For Develop
Friends Of South Central Losangeles Regional Center For Develop (EIN: 205974027) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code T11. The organization reported total revenue of $8.1M and total assets of $85.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of South Central Losangeles Regional Center For Develop's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of South Central Losangeles Regional Center For Develop is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 41.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.4M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$328K |
| Total Assets | $84.5M |
| Total Liabilities | $55.4M |
| Net Assets | $29.1M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 65.5% |
| Months of Reserves | 144.3 months |
Financial Health Grade: A
In 2023, Friends Of South Central Losangeles Regional Center For Develop reported a surplus of $328K with revenue exceeding expenses, holds 144.3 months of operating reserves (strong position), has a debt-to-asset ratio of 65.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of South Central Losangeles Regional Center For Develop's revenue has grown at a compound annual growth rate (CAGR) of 41.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.3% | +2.4% | +2.9% |
| 2022 | +6.4% | +4.0% | +2.3% |
| 2021 | -0.2% | +0.3% | +2.8% |
| 2020 | -20.9% | -23.8% | +2.8% |
| 2019 | +31.9% | +24.5% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of South Central Losangeles Regional Center For Develop with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Friends Of South Central Losangeles Regional Center For Develop allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $328K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual and suggests a volunteer-led or exceptionally lean leadership structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Friends Of South Central Losangeles Regional Center For Develop's IRS 990 filings:
- Lack of detailed expense breakdown in provided data prevents precise program efficiency calculation.
Strengths
The following positive indicators were identified for Friends Of South Central Losangeles Regional Center For Develop:
- Consistent zero officer compensation, indicating high efficiency and mission focus.
- Steady growth in assets from $70,528,945 in 2014 to $85,675,805 currently.
- Positive operating margin in recent years (e.g., $7,354,573 revenue vs. $7,027,051 expenses in 2023).
- Long filing history (13 filings) demonstrating consistent reporting.
Frequently Asked Questions about Friends Of South Central Losangeles Regional Center For Develop
Is Friends Of South Central Losangeles Regional Center For Develop a legitimate charity?
Friends Of South Central Losangeles Regional Center For Develop (EIN: 205974027) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $8.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Friends Of South Central Losangeles Regional Center For Develop spend its money?
Friends Of South Central Losangeles Regional Center For Develop directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Friends Of South Central Losangeles Regional Center For Develop tax-deductible?
Friends Of South Central Losangeles Regional Center For Develop is registered as a tax-exempt nonprofit (EIN: 205974027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of South Central Losangeles Regional Center For Develop's spending goes to programs?
Friends Of South Central Losangeles Regional Center For Develop directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of South Central Losangeles Regional Center For Develop compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of South Central Losangeles Regional Center For Develop is above average for NTEE category T11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of South Central Losangeles Regional Center For Develop located?
Friends Of South Central Losangeles Regional Center For Develop is headquartered in Los Angeles, California and files with the IRS under EIN 205974027. It is classified under NTEE code T11.
How many years of IRS 990 filings does Friends Of South Central Losangeles Regional Center For Develop have?
Friends Of South Central Losangeles Regional Center For Develop has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $8.1M in total revenue.
Is Friends Of South Central Losangeles Regional Center For Develop a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports zero officer compensation, indicating a strong commitment to directing resources towards its mission. Its assets have grown steadily, and it has generally maintained a positive operating margin in recent years.
How does the organization manage without executive compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that executive functions are absorbed by other roles not classified as 'officer compensation' in the IRS 990, which is a unique operational model.
What is the trend in the organization's financial health?
The organization's financial health shows a positive trend, with assets growing from $70,528,945 in 2014 to $85,675,805 currently. Revenue has generally increased over time, and recent periods show expenses being less than revenue, contributing to asset accumulation.
Filing History
IRS 990 filing history for Friends Of South Central Losangeles Regional Center For Develop showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of South Central Losangeles Regional Center For Develop's revenue has grown by 6160.2%, moving from $117K to $7.4M. Total assets increased by 38338% over the same period, from $220K to $84.5M. Total functional expenses rose by 4312.1%, from $159K to $7.0M. In its most recent filing year (2023), Friends Of South Central Losangeles Regional Center For Develop reported a surplus of $328K, with revenue exceeding expenses. The organization holds $55.4M in liabilities against $84.5M in assets (debt-to-asset ratio: 65.5%), resulting in net assets of $29.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.4M | $7.0M | $84.5M | $55.4M | — | — |
| 2022 | $6.5M | $6.9M | $82.1M | $55.6M | — | View 990 |
| 2021 | $6.2M | $6.6M | $80.2M | $55.7M | — | View 990 |
| 2020 | $6.2M | $6.6M | $78.0M | $55.7M | — | View 990 |
| 2019 | $7.8M | $8.6M | $75.9M | $55.6M | — | View 990 |
| 2018 | $5.9M | $6.9M | $77.5M | $58.4M | — | View 990 |
| 2017 | $11.1M | $9.2M | $74.7M | $57.6M | — | View 990 |
| 2016 | $5.0M | $6.1M | $72.0M | $57.2M | — | View 990 |
| 2015 | $740K | $1.2M | $74.4M | $61.7M | — | View 990 |
| 2014 | $486K | $425K | $70.5M | $58.6M | — | View 990 |
| 2013 | $423K | $372K | $6.0M | $5.3M | — | View 990 |
| 2012 | $1.3M | $274K | $5.1M | $4.1M | — | View 990 |
| 2011 | $117K | $159K | $220K | $200K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.4M, expenses of $7.0M, and assets of $84.5M (revenue +12.3% year-over-year).
- 2022: Revenue of $6.5M, expenses of $6.9M, and assets of $82.1M (revenue +6.4% year-over-year).
- 2021: Revenue of $6.2M, expenses of $6.6M, and assets of $80.2M (revenue -0.2% year-over-year).
- 2020: Revenue of $6.2M, expenses of $6.6M, and assets of $78.0M (revenue -20.9% year-over-year).
- 2019: Revenue of $7.8M, expenses of $8.6M, and assets of $75.9M (revenue +31.9% year-over-year).
- 2018: Revenue of $5.9M, expenses of $6.9M, and assets of $77.5M (revenue -46.8% year-over-year).
- 2017: Revenue of $11.1M, expenses of $9.2M, and assets of $74.7M (revenue +122.4% year-over-year).
- 2016: Revenue of $5.0M, expenses of $6.1M, and assets of $72.0M (revenue +575.2% year-over-year).
- 2015: Revenue of $740K, expenses of $1.2M, and assets of $74.4M (revenue +52.3% year-over-year).
- 2014: Revenue of $486K, expenses of $425K, and assets of $70.5M (revenue +14.8% year-over-year).
- 2013: Revenue of $423K, expenses of $372K, and assets of $6.0M (revenue -67.1% year-over-year).
- 2012: Revenue of $1.3M, expenses of $274K, and assets of $5.1M (revenue +993.8% year-over-year).
- 2011: Revenue of $117K, expenses of $159K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of South Central Losangeles Regional Center For Develop:
Data Sources and Methodology
This transparency report for Friends Of South Central Losangeles Regional Center For Develop is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.