L A Shares EIN 95-4435979

L A Shares

EIN  95-4435979 Public charity (501(c)(3)) Marina Dl Rey, CA
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Size
<$100K
What they do
Donates reusable business goods and materials to other nonprofits and schools.
Leadership
Scott Mann · CEO
Money in and out
$50K revenue, $130K expenses
Bottom line
51% program efficiency

Donates reusable business goods and materials to other nonprofits and schools. For fiscal year 2024 it reported $50K in revenue, $130K in expenses, and $179K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$130K
Pt IX · Ln 25
Net assets
$179K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$80K
Where spending went · Part IX cols B–D
Program services $0.51 Management & general $0.49
Program efficiency
51%
of spending reaches programs▲ +11% vs prior filing year
Operating runway
3.0mo
months of highly liquid reserves at operating expense rate▼ -50% vs prior filing year
Surplus margin
-159%
revenue over expenses, this year▼ -93% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$50K
FY2024▼ -66%
Expenses
$130K
FY2024▼ -52%
Total assets
$179K
FY2024▼ -31%
Total liabilities
$0
FY2024
Total revenue
$50K
Pt VIII · Ln 12
Total expenses
$130K
Pt IX · Ln 25
Net assets
$179K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$80K
Total assetsPt X · Ln 16$179K
Program-expense ratioPt IX · col B51%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $66K of program spending, described in the organization's own filed words · FY2024.
01

In 2021 L.A. Shares redistributed due to covid only $219,068 worth of goods and materials established in 1993. L.A. Shares has given away more that $122 million worth of goods to over 2,500 los angeles non profit orginizations and SCHOOLS.L.A.SHARES has been recognized by the us environmental protection agency, the white house task force…

$66Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CL A Shares
EINHdr · item D95-4435979
Principal addressHdr · item CMarina Dl Rey, CA
WebsiteHdr · item Jwww.lashares.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFOct 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Amy Bendik’s $95K as Executive Dir. is at the 96th percentile of top reported officer pay among 167 <$100K community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2021FY2020
Amy Bendik$94,787$106,962$94,200$103,967

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants100%$50K
Investment income$19
Total revenueLn 12$50K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.51 Management & general $0.49
Program services51%$66K
Management & general49%$64K
Total functional expensesLn 25$130K

Balance Sheet

Part X · end of year
CashLn 1$33K
Total assetsLn 16$179K
Total liabilitiesLn 26$0
Total net assetsLn 32$179K
Months of cash on handcomputed3.0

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $33K · Operating expenses/yr $130K
3.0 months
Where the money goes
Program services
Program services $66K · Total expenses $130K
51%
Management & General
Management & general $64K · Total expenses $130K
49%
Fundraising
Fundraising $0 · Total expenses $130K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $43K · Solicited contributions (3-yr avg) $93K
$0.46 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $50K
100%
Government reliance
Government grants — · Total revenue $50K
Earned-income share
Program service revenue $0 · Total revenue $50K
0%
Investment reliance
Investment income $19 · Total revenue $50K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $130K
0%
Growth & trend
Revenue growth (YoY)
This year $50K · Prior year $148K
-66%
Revenue CAGR
FY2020 $527K · FY2024 $50K
-45%
Net-asset trend (YoY)
End of year $179K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $50K · Expenses $130K
-159%
Liabilities-to-Assets
Total liabilities — · Total assets $179K
Net-asset ratio
Net assets $179K · Total assets $179K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $179K
0%
People & payroll
Highest Reported Total Compensation
Individual Scott Mann · Reported title CEO · Highest reported compensation $0 · Total expenses $130K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $71K · Total expenses $130K
55%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 51%
Overhead ratio 49%
Fundraising cost ratio 0%
Revenue growth -66%
Investment management fee ratio 0%
Legal fee ratio 3%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2020
Total grants receivedfrom 1 funder$5

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$50K revenue · viewing · ⤓ 990 PDF
FY2023$148K revenue · ⤓ 990 PDF
FY2022$486K revenue · ⤓ 990 PDF
FY2021$591K revenue · ⤓ 990 PDF
FY2020$527K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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