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ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY
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ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY
LOS ANGELES, CA, US
•
501(c)(3)
•
EIN
95-3643339
•
WWW.LAEDC.ORG
ECONOMIC DEVELOPMENT CORPORATION OF LOS ANGELES COUNTY
Sign up to claim this org
LOS ANGELES, CA, US
•
501(c)(3)
•
EIN
95-3643339
•
WWW.LAEDC.ORG
Overview
Programs
990s
Income Statement
Balance Sheet
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Board & Team
Financials
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Funding
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Grants Received
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Income Statement
Fiscal Year Start:
Jul 1
Revenues in
2024
$9,039,405
Program Services
35%
Other
21%
Government Grants
17%
Membership Dues
11%
Contributions
9%
Investments
7%
Fundraising Events
0%
Expenses in
2024
$8,528,500
Salaries & Benefits
64%
Fees to Service Providers
15%
Other
10%
Offices, Occupancy & IT
8%
Grants
2%
Depreciation
1%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$1,754,000
$804,000
-54%
Government Grants
$1,325,228
$1,551,527
+17%
Fundraising Events
$0
$0
-
Program Services
$2,850,655
$3,143,064
+10%
Membership Dues
$0
$958,500
-
Investments
$490,424
$647,531
+32%
Other
-$591,559
$1,934,783
-427%
Total Revenues
$5,828,748
$9,039,405
+55%
Expenses
2023
2024
Change
Grants
$220,000
$155,000
-30%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,593,264
$5,449,047
+19%
Fees to Service Providers
$1,108,004
$1,269,826
+15%
Advertising & Promotion
$26,016
$32,670
+26%
Offices, Occupancy & IT
$940,926
$675,836
-28%
Interest
$0
$0
-
Depreciation
$85,557
$102,942
+20%
Other
$896,023
$843,179
-6%
Total Expenses
$7,869,790
$8,528,500
+8%
Net income
2023
2024
Change
Net income
-$2,041,042
+$510,905
-125%
Functional Expenses
Summary
2023
2024
Change
Program
$6,655,505
$7,466,535
+12%
Admin
$732,488
$631,354
-14%
Fundraising
$481,797
$430,611
-11%
Total Expenses
$7,869,790
$8,528,500
+8%
Income Statement
