Los Angeles Center For Economic Survival
- Assets
- $127.0k
- Revenue
- $63.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Sherman Oaks, CA
- Founding
- 09/1982
- Data as of
- 12/2021
- EIN
- 95-3513925
Organization Overview
Los Angeles Center For Economic Survival is located in Sherman Oaks, CA. The organization was established in 1982. According to its NTEE Classification (I80) the organization is classified as: Legal Services, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Center For Economic Survival is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Los Angeles Center For Economic Survival generated $63.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $49.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TENANT HOUSING NEEDS. EDUCATIONAL WORK ON TENANT HOUSING PROBLEMS AND ON THE RIGHTS OF TENANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL WORK ON TENANT HOUSING PROBLEMS AND ON THE RIGHTS OF TENANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Gross Key Employee Executive Director | Trustee | 21 | $43,000 |
Linda Kite Treasurer | OfficerTrustee | 1 | $0 |
Joseph Praml President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $26,096 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,196 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,206 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $43,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,401 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $690 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $48,986 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,393 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,559 |
| Total assets | $126,952 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $126,952 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $126,952 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Los Angeles Center For Economic Survival has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Liberty Hill Foundation Los Angeles, CA PURPOSE: TO ORGANIZE LOW INCOME TENANTS LIVING IN PRIVATELY OWNED AND HUD SUBSIDIZED HOUSING THAT IS AT-RISK DUE TO SLUM CONDITIONS, PROPOSED DEMOLITIONS, ILLEGAL RENT INCREASES, CONVERSIONS, ILLEGAL EVICTIONS AND OWNERS' DESIRES TO OPT-OUT OF FEDERALLY SUBSIDIZED. | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Bay Community Law Center Berkeley, CA | $11,582,966 | $10,466,463 |
Central California Legal Services Inc Fresno, CA | $6,703,896 | $10,435,598 |
Legal Aid At Work San Francisco, CA | $14,423,333 | $8,989,326 |
Legal Aid Society Of Hawaii Honolulu, HI | $6,589,717 | $7,378,104 |
California Lawyers Association Sacramento, CA | $16,286,300 | $8,532,100 |
Uncommon Good Claremont, CA | $13,352,314 | $7,515,950 |
Nevada Legal Services Inc Las Vegas, NV | $3,153,830 | $5,688,153 |
Tribal Law And Policy Institute West Hollywood, CA | $825,396 | $5,969,882 |
Southern Oregon Public Defender Inc Medford, OR | $4,257,833 | $5,865,515 |
Dna-Peoples Legal Services Inc Window Rock, AZ | $3,957,936 | $5,306,125 |
Community Legal Services In East Palo Alto Inc East Palo Alto, CA | $8,555,597 | $6,195,128 |
C R L A Foundation Sacramento, CA | $11,581,961 | $9,882,317 |