Long Beach Economic Partnership
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 263,340 | 251,840 | 11,500 | 0.5 | 0% |
| 2018 | 462,404 | 176,409 | 285,995 | 19.8 | 0% |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 426,700 | 277,938 | 148,762 | 16.4 | 0% |
| 2021 | 473,460 | 382,564 | 90,896 | 14.8 | 0% |
| 2022 | 498,200 | 510,269 | −12,069 | 10.8 | 0% |
| 2023 | 390,320 | 562,910 | −172,590 | 6.1 | 0% |
In its most recent public year (2023), this organization spent $172,590 more than it brought in. Its reserves stood at about 6.1 months of spending, up from 0.5 in 2016. Staff pay was 0% of spending. $272,123 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Long Beach Economic Partnership's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works