Long Beach Community Foundation
Long Beach Community Foundation maintains strong asset growth with zero reported officer compensation.
EIN: 205054010 · Long Beach, CA · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.1M |
| Total Expenses | $4.4M |
| Program Spending | 85% |
| Net Assets | $47.8M |
| Transparency Score | 85/100 |
Is Long Beach Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Long Beach Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Long Beach Community Foundation
Long Beach Community Foundation (EIN: 205054010) is a nonprofit organization based in Long Beach, CA, classified under NTEE code T30. The organization reported total revenue of $12.1M and total assets of $74.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Beach Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Long Beach Community Foundation is a large 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 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$2.0M |
| Total Assets | $70.0M |
| Total Liabilities | $22.2M |
| Net Assets | $47.8M |
| Operating Margin | 31.5% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 192.0 months |
Financial Health Grade: A
In 2023, Long Beach Community Foundation reported a surplus of $2.0M with revenue exceeding expenses, holds 192.0 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Long Beach Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.2% | -19.1% | +15.9% |
| 2022 | -56.7% | +4.1% | -14.1% |
| 2021 | +62.9% | -14.4% | +17.4% |
| 2020 | +32.9% | +10.1% | +7.6% |
| 2019 | -74.4% | +123.3% | +14.0% |
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 Long Beach Community Foundation with a Mission Score of 85 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, Long Beach Community Foundation 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 $2.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.8%.
Executive Compensation Analysis
The Long Beach Community Foundation consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers or that it is not reported in this category, which is highly unusual for an organization of its size and asset base. This suggests either a volunteer-led executive team or that executive compensation is categorized differently within their financial statements, warranting further investigation for full transparency.
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 Long Beach Community Foundation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and asset base, potentially obscuring executive pay details.
- Significant year-over-year revenue volatility, indicating potential reliance on unpredictable funding sources or market performance.
Strengths
The following positive indicators were identified for Long Beach Community Foundation:
- Strong and consistent asset growth, reaching over $70 million in 2023, indicating robust financial management and endowment building.
- As a community foundation (NTEE T30), its primary mission is to support other nonprofits and community initiatives, inherently demonstrating a strong program focus.
- Positive net assets (Assets minus Liabilities) consistently growing, indicating financial stability and capacity for future operations.
Frequently Asked Questions about Long Beach Community Foundation
Is Long Beach Community Foundation a legitimate charity?
Long Beach Community Foundation (EIN: 205054010) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $12.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Long Beach Community Foundation spend its money?
Long Beach Community Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Long Beach Community Foundation tax-deductible?
Long Beach Community Foundation is registered as a tax-exempt nonprofit (EIN: 205054010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Long Beach Community Foundation's spending goes to programs?
Long Beach Community Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Long Beach Community Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Long Beach Community Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Long Beach Community Foundation located?
Long Beach Community Foundation is headquartered in Long Beach, California and files with the IRS under EIN 205054010. It is classified under NTEE code T30.
How many years of IRS 990 filings does Long Beach Community Foundation have?
Long Beach Community Foundation 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 $12.1M in total revenue.
How does the Long Beach Community Foundation manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with assets exceeding $70 million. This could mean that executive leadership is entirely volunteer-based, or that compensation for key management personnel is categorized under other expense lines (e.g., 'salaries and wages' for non-officer staff) or paid by a related entity, which would require deeper scrutiny of their full IRS Form 990.
What is the trend in the organization's liabilities relative to its assets?
The organization's liabilities have grown alongside its assets, from $7,299,296 in 2014 to $22,234,796 in 2023. While assets have grown significantly more, the increase in liabilities should be monitored to understand their nature (e.g., program-related payables, investment liabilities, or donor-advised fund obligations).
How stable is the Long Beach Community Foundation's revenue stream?
Revenue has shown significant volatility, ranging from $18,866,153 in 2018 to $4,523,032 in 2022. This fluctuation is common for community foundations that rely on market performance for investment returns and variable donor contributions. While assets have grown, the variability in annual revenue suggests a need for robust financial planning to ensure consistent grantmaking capacity.
Filing History
IRS 990 filing history for Long Beach Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Long Beach Community Foundation's revenue has grown by 36.8%, moving from $4.7M to $6.4M. Total assets increased by 302% over the same period, from $17.4M to $70.0M. Total functional expenses rose by 120%, from $2.0M to $4.4M. In its most recent filing year (2023), Long Beach Community Foundation reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $22.2M in liabilities against $70.0M in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $47.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $4.4M | $70.0M | $22.2M | — | — |
| 2022 | $4.5M | $5.4M | $60.4M | $18.7M | — | View 990 |
| 2021 | $10.4M | $5.2M | $70.3M | $20.5M | — | View 990 |
| 2020 | $6.4M | $6.1M | $59.9M | $16.6M | — | — |
| 2019 | $4.8M | $5.5M | $55.7M | $14.6M | — | View 990 |
| 2018 | $18.9M | $2.5M | $48.8M | $11.5M | — | View 990 |
| 2017 | $4.6M | $2.6M | $35.5M | $12.0M | — | View 990 |
| 2016 | $2.1M | $1.8M | $28.3M | $8.7M | — | View 990 |
| 2015 | $3.8M | $2.4M | $26.7M | $8.1M | — | View 990 |
| 2014 | $2.5M | $1.2M | $24.8M | $7.3M | — | View 990 |
| 2013 | $5.1M | $1.4M | $22.0M | $6.3M | — | View 990 |
| 2012 | $2.0M | $1.3M | $17.9M | $5.8M | — | View 990 |
| 2011 | $4.7M | $2.0M | $17.4M | $6.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $4.4M, and assets of $70.0M (revenue +41.2% year-over-year).
- 2022: Revenue of $4.5M, expenses of $5.4M, and assets of $60.4M (revenue -56.7% year-over-year).
- 2021: Revenue of $10.4M, expenses of $5.2M, and assets of $70.3M (revenue +62.9% year-over-year).
- 2020: Revenue of $6.4M, expenses of $6.1M, and assets of $59.9M (revenue +32.9% year-over-year).
- 2019: Revenue of $4.8M, expenses of $5.5M, and assets of $55.7M (revenue -74.4% year-over-year).
- 2018: Revenue of $18.9M, expenses of $2.5M, and assets of $48.8M (revenue +307.5% year-over-year).
- 2017: Revenue of $4.6M, expenses of $2.6M, and assets of $35.5M (revenue +122.1% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.8M, and assets of $28.3M (revenue -45.1% year-over-year).
- 2015: Revenue of $3.8M, expenses of $2.4M, and assets of $26.7M (revenue +48.9% year-over-year).
- 2014: Revenue of $2.5M, expenses of $1.2M, and assets of $24.8M (revenue -50.2% year-over-year).
- 2013: Revenue of $5.1M, expenses of $1.4M, and assets of $22.0M (revenue +161.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $1.3M, and assets of $17.9M (revenue -58.1% year-over-year).
- 2011: Revenue of $4.7M, expenses of $2.0M, and assets of $17.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Long Beach Community Foundation:
Data Sources and Methodology
This transparency report for Long Beach Community Foundation 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.