Los Angeles County Business Federation
EIN: 260295348 · Los Angeles, CA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.6M |
| Net Assets | $-342,042 |
Is Los Angeles County Business Federation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Los Angeles County Business Federation
Los Angeles County Business Federation (EIN: 260295348) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code S41. The organization reported total revenue of $2.6M and total assets of $648K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Los Angeles County Business Federation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Los Angeles County Business Federation is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$91K |
| Total Assets | $805K |
| Total Liabilities | $1.1M |
| Net Assets | $-342,042 |
| Operating Margin | 3.4% |
| Debt-to-Asset Ratio | 142.5% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, Los Angeles County Business Federation reported a surplus of $91K with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 142.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Los Angeles County Business Federation's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.3% | +12.0% | +27.7% |
| 2022 | +8.2% | +15.0% | +19.5% |
| 2021 | +2.4% | +2.4% | +52.0% |
| 2020 | -0.6% | -4.4% | -18.0% |
| 2019 | +7.7% | +7.0% | +14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Los Angeles County Business Federation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Los Angeles County Business Federation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 142.5%.
Frequently Asked Questions about Los Angeles County Business Federation
Is Los Angeles County Business Federation a legitimate charity?
Los Angeles County Business Federation (EIN: 260295348) is a registered tax-exempt nonprofit based in California. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. Financial health grade: A.
How does Los Angeles County Business Federation spend its money?
Los Angeles County Business Federation reported $2.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Los Angeles County Business Federation tax-deductible?
Los Angeles County Business Federation is registered as a tax-exempt nonprofit (EIN: 260295348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Los Angeles County Business Federation located?
Los Angeles County Business Federation is headquartered in Los Angeles, California and files with the IRS under EIN 260295348. It is classified under NTEE code S41.
How many years of IRS 990 filings does Los Angeles County Business Federation have?
Los Angeles County Business Federation 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Los Angeles County Business Federation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Los Angeles County Business Federation's revenue has grown by 421.5%, moving from $509K to $2.7M. Total assets increased by 1114.8% over the same period, from $66K to $805K. Total functional expenses rose by 392.4%, from $520K to $2.6M. In its most recent filing year (2023), Los Angeles County Business Federation reported a surplus of $91K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $805K in assets (debt-to-asset ratio: 142.5%), resulting in net assets of $-342,042.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.6M | $805K | $1.1M | — | — |
| 2022 | $2.3M | $2.3M | $631K | $1.1M | — | View 990 |
| 2021 | $2.1M | $2.0M | $528K | $935K | — | View 990 |
| 2020 | $2.0M | $1.9M | $347K | $0 | — | — |
| 2019 | $2.1M | $2.0M | $423K | $175K | — | View 990 |
| 2018 | $1.9M | $1.9M | $368K | $142K | — | View 990 |
| 2017 | $1.6M | $1.6M | $374K | $155K | — | View 990 |
| 2016 | $1.4M | $1.3M | $158K | $0 | — | View 990 |
| 2015 | $1.2M | $1.2M | $85K | $0 | — | View 990 |
| 2014 | $969K | $952K | $42K | $0 | — | View 990 |
| 2013 | $803K | $796K | $25K | $0 | — | View 990 |
| 2012 | $632K | $681K | $17K | $0 | — | View 990 |
| 2011 | $509K | $520K | $66K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.6M, and assets of $805K (revenue +17.3% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.3M, and assets of $631K (revenue +8.2% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.0M, and assets of $528K (revenue +2.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.9M, and assets of $347K (revenue -0.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $423K (revenue +7.7% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $368K (revenue +17.0% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $374K (revenue +19.4% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $158K (revenue +11.4% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $85K (revenue +26.6% year-over-year).
- 2014: Revenue of $969K, expenses of $952K, and assets of $42K (revenue +20.7% year-over-year).
- 2013: Revenue of $803K, expenses of $796K, and assets of $25K (revenue +27.0% year-over-year).
- 2012: Revenue of $632K, expenses of $681K, and assets of $17K (revenue +24.3% year-over-year).
- 2011: Revenue of $509K, expenses of $520K, and assets of $66K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Los Angeles County Business Federation:
Data Sources and Methodology
This transparency report for Los Angeles County Business Federation 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.