La Shares
Nonprofit profile at a glance
- EIN
- 954435979
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024
- Location
- Marina Del Rey, CA, USA
- Phone
- 2134851097
- Rating
- 71
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $50,019
- Expenses
- $129,673
- Assets
- $178,515
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- SCOTT MANN (CEO)
- NATHAN PORTLOCK (Vice President)
People named in this filing
- SCOTT MANN (CEO)
- ELIZABETH DANBURY (CFO)
- JANE BLUMENFELD (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To keep useful items from unnecssarily entering our already overcrowded lanfils and instead make them available for free to los angeles nonprofits and schools.
What it reported doing in 2024
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 on recycling and the u.s. Deptartment of housing and urban development for its outstanding environmental achievement. Consequently, l.a.shares is how used as "model" program for similar materials reuse efforts throughout the country.l.a.shares has helped more than 2,500 organizations and schools throughout los angeles county including boys and girls clubs of america, organization for the needs of the ederly, habitat for humanity, inner city culteral center, union rescue mission, angeles girl scout council, the san fernando valley child......
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 90
- Accountability: 64
- Sustainability: 31
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 50.7%; rating input score 51
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -159.2%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.38; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -32.9% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -38.8% per year; rating input score 0; 11th percentile among comparable filings
- Asset growth: -11.9% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 50.7% of spending went to programs
- Governance: 3 of 3 board members independent · 1 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $66K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Program expense ratio scored 51/100.
- High — Accountability: Governance controls: 5 of 6 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- High — Growth: Asset growth scored 0/100.