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Community Development : Housing and Neighborhood Development

Los Angeles Alliance for a New Economy

A new economy for all

three stars

83.41

464 Lucas Avenue Suite 202
Los Angeles, CA 90017
tel: (213) 977-9400   Web Site
EIN: 95-4459427

Board Leadership
John Grant
Chair

CEO
Roxana Tynan
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 83.41 three stars
  Financial 79.28 two stars
  Accountability & Transparency 89.00 three stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1993, Los Angeles Alliance for a New Economy (LAANE) is committed to building a new economy that restores the American dream of fair wages and benefits in return for hard work. We believe that jobs in growing industries which cannot be exported, including those in the fast-growing service sector, must serve as the foundation for rebuilding a strong and vibrant middle class. LAANE has created an exciting new model for improving the lives of working men and women and building healthy communities. LAANE came to prominence by leading the effort to pass one of the country's first living wage laws, raising wages for 10,000 workers.

Founded in 1993, Los Angeles Alliance for a New Economy (LAANE) is committed to building a new economy that restores the American dream of fair wages and benefits in return for hard work. We believe that jobs in growing industries which cannot be exported, including those in the fast-growing service sector, must serve as the foundation for rebuilding a strong and vibrant middle class. LAANE has created an exciting new model for improving the lives of working men and women and building healthy communities. LAANE came to prominence by leading the effort to pass one of the country's first living wage laws, raising wages for 10,000 workers.

Impact Information

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This impact information is current as of January 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

79.28

Accountability & Transparency

three stars

89.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.5%
  Administrative Expenses 8.0%
  Fundraising Expenses 9.4%
  Fundraising Efficiency $0.11
  Working Capital Ratio (years) 0.37
  Program Expenses Growth -11.4%
  Liabilities to Assets 19.3%
All data for Financial Performance Metrics calculations was provided by Los Angeles Alliance for a New Economy on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Los Angeles Alliance for a New Economy on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Los Angeles Alliance for a New Economy (CA) 83.41 three stars
Greenlight Fund (MA) 91.29 four stars
Hands On Atlanta (GA) 85.88 three stars
Together Colorado (CO) 88.22 three stars
West Valley Community Services (CA) 87.65 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,596,598
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $794,064
   Related Organizations $0
   Government Grants $0
Total Contributions $2,390,662
   Program Service Revenue $0
Total Primary Revenue $2,390,662
   Other Revenue $54,061
TOTAL REVENUE $2,444,723
   
EXPENSES  
   Program Expenses $2,863,338
   Administrative Expenses $325,224
   Fundraising Expenses $408,739
TOTAL FUNCTIONAL EXPENSES $3,597,301
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,152,578
   
Net Assets $1,658,365

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 04/01/2020 83.41 three stars
2017-12 06/01/2019 87.73 three stars
2016-12 03/01/2018 87.82 three stars
2015-12 05/01/2017 88.36 three stars
2014-12 06/01/2016 88.05 three stars
 
CN 2.0
2014-12 02/01/2016 84.30 three stars
2013-12 06/01/2015 86.31 three stars
2012-12 04/01/2014 91.70 four stars
2011-12 04/01/2013 89.05 three stars
2010-12 04/01/2012 89.04 three stars
2009-12 09/20/2011 87.14 three stars
 
CN 1.0
2009-12 04/01/2011 89.71 three stars
2008-12 05/01/2010 89.91 three stars
2007-12 05/01/2009 92.31 four stars
2006-12 10/01/2007 86.12 three stars
2005-12 12/15/2006 71.45 two stars
2004-12 11/01/2005 77.28 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 95-4459427
Name in IRS Master File LOS ANGELES ALLIANCE FOR A NEW ECONOMY
NTEE Code E99
NTEE Classification Health - General and Rehabilitative N.E.C.
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (124) Study and research (non-scientific)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1998
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$98,333 2.73% Roxanna Tynan Executive Director
Other Salaries of Note
$121,672 3.38% Stella Maloyan Development Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Los Angeles Alliance for a New Economy (CA) 83.41 three stars
Pillsbury United Communities (MN) 91.02 four stars
Funders' Network for Smart Growth and Livable Communities (FL) 89.73 three stars
Neighborhood Development Center (MN) 88.92 three stars
Hands On Atlanta (GA) 85.88 three stars

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Charity Contact Info

Los Angeles Alliance for a New Economy
464 Lucas Avenue
Suite 202
Los Angeles, CA 90017
tel: (213) 977-9400
fax: (213) 977-9666
EIN: 95-4459427

Visit Web Site

Board Leadership

John Grant
Chair

CEO

Roxana Tynan
Executive Director

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