Los Angeles Fire Department Foundation
EIN: 272007326 · Los Angeles, CA · NTEE: M11
Is Los Angeles Fire Department Foundation 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 Fire Department Foundation
Los Angeles Fire Department Foundation (EIN: 272007326) is a nonprofit organization based in Los Angeles, CA, classified under NTEE code M11. The organization reported total revenue of $6.5M and total assets of $12.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Los Angeles Fire Department Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Los Angeles Fire Department Foundation is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $2.6M |
| Surplus / Deficit | +$875K |
| Total Assets | $10.9M |
| Total Liabilities | $1.2M |
| Net Assets | $9.8M |
| Operating Margin | 24.9% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 49.9 months |
Financial Health Grade: A
In 2023, Los Angeles Fire Department Foundation reported a surplus of $875K with revenue exceeding expenses, holds 49.9 months of operating reserves (strong position), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Los Angeles Fire Department Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.7% | -52.9% | -15.4% |
| 2022 | +18.5% | +35.6% | +22.5% |
| 2021 | -36.0% | -17.3% | +4.7% |
| 2020 | +920.0% | +366.5% | +96.3% |
| 2019 | -88.3% | -59.3% | -25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Los Angeles Fire Department Foundation 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 Fire Department Foundation 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 $875K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.6%.
Frequently Asked Questions about Los Angeles Fire Department Foundation
Is Los Angeles Fire Department Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Los Angeles Fire Department Foundation (EIN: 272007326) insufficient data. 0 red flags identified, 0 strengths noted.
How does Los Angeles Fire Department Foundation spend its money?
Detailed spending breakdown data is not yet available for Los Angeles Fire Department Foundation. Check back for updated IRS 990 analysis.
Are donations to Los Angeles Fire Department Foundation tax-deductible?
Los Angeles Fire Department Foundation is registered as a tax-exempt nonprofit (EIN: 272007326). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Los Angeles Fire Department Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Los Angeles Fire Department Foundation's revenue has grown by 639.8%, moving from $474K to $3.5M. Total assets increased by 1638.5% over the same period, from $630K to $10.9M. Total functional expenses rose by 740.7%, from $313K to $2.6M. In its most recent filing year (2023), Los Angeles Fire Department Foundation reported a surplus of $875K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $10.9M in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $9.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $2.6M | $10.9M | $1.2M | — | — |
| 2022 | $5.9M | $5.6M | $12.9M | $4.2M | — | — |
| 2021 | $5.0M | $4.1M | $10.6M | $2.0M | — | View 990 |
| 2020 | $7.8M | $5.0M | $10.1M | $2.6M | — | View 990 |
| 2019 | $765K | $1.1M | $5.1M | $442K | — | View 990 |
| 2018 | $6.6M | $2.6M | $6.9M | $1.8M | — | View 990 |
| 2017 | $1.6M | $768K | $1.9M | $691K | — | View 990 |
| 2016 | $1.1M | $883K | $746K | $419K | — | View 990 |
| 2015 | $569K | $669K | $419K | $300K | — | View 990 |
| 2014 | $850K | $720K | $539K | $320K | — | View 990 |
| 2012 | $619K | $739K | $629K | $365K | — | View 990 |
| 2011 | $474K | $313K | $630K | $245K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $2.6M, and assets of $10.9M (revenue -40.7% year-over-year).
- 2022: Revenue of $5.9M, expenses of $5.6M, and assets of $12.9M (revenue +18.5% year-over-year).
- 2021: Revenue of $5.0M, expenses of $4.1M, and assets of $10.6M (revenue -36.0% year-over-year).
- 2020: Revenue of $7.8M, expenses of $5.0M, and assets of $10.1M (revenue +920.0% year-over-year).
- 2019: Revenue of $765K, expenses of $1.1M, and assets of $5.1M (revenue -88.3% year-over-year).
- 2018: Revenue of $6.6M, expenses of $2.6M, and assets of $6.9M (revenue +305.6% year-over-year).
- 2017: Revenue of $1.6M, expenses of $768K, and assets of $1.9M (revenue +47.9% year-over-year).
- 2016: Revenue of $1.1M, expenses of $883K, and assets of $746K (revenue +91.9% year-over-year).
- 2015: Revenue of $569K, expenses of $669K, and assets of $419K (revenue -33.1% year-over-year).
- 2014: Revenue of $850K, expenses of $720K, and assets of $539K (revenue +37.3% year-over-year).
- 2012: Revenue of $619K, expenses of $739K, and assets of $629K (revenue +30.6% year-over-year).
- 2011: Revenue of $474K, expenses of $313K, and assets of $630K.
Data Sources and Methodology
This transparency report for Los Angeles Fire Department 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.