LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028

LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028

Los Angeles, CA, US
501(c)3
EIN
47-2018941

LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAMES 2028

Los Angeles, CA, US
501(c)3
EIN
47-2018941

Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$188,861,169

Cash & Equivalents
62%
Prepaid Expenses
22%
Receivables (Non-Related)
10%
Other Assets
5%
Property, Plant, & Equipment (net)
<1%
Investments
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in 2024 (Year End)

$550,867,373

Deferred Revenue
78%
Other Liabilities
18%
Payables & Accruals
4%
Grants Payable
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$73,349,615
$117,026,642
+60%
Receivables (Non-Related)
$16,716,461
$18,207,892
+9%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$37,795,812
$42,280,285
+12%
Investments
-
$251,000
-
Property, Plant, & Equipment (net)
$1,639,135
$1,247,809
-24%
Other Assets
$12,205,883
$9,847,541
-19%
Total Assets
$141,706,906
$188,861,169
+33%
Liabilities
2023
2024
Change
Payables & Accruals
$6,902,689
$21,704,359
+214%
Grants Payable
-
-
-
Deferred Revenue
$280,797,540
$431,376,368
+54%
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$73,692,500
$97,786,646
+33%
Total Liabilities
$361,392,729
$550,867,373
+52%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
-$219,685,823
-$362,006,204
-65%
Net assets
2023
2024
Change
Net assets
-$219,685,823
-$362,006,204
-65%
Balance Sheet
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