Overview
What is The Mayor's Fund For Los Angeles?
The Mayor's Fund for Los Angeles is a collaborative nonprofit entity, bringing together businesses, philanthropy, nonprofits, and government to address the critical needs of Los Angeles residents. With a focus on community resilience and homelessness prevention, the fund supports disaster preparedness, immediate crisis response, and now, specifically, efforts to combat homelessness. During the COVID-19 pandemic, they aided Angelinos, and their initiatives also encompass programs that strengthen communities, such as those addressing climate change. Currently, they are developing and supporting programs to help prevent Los Angeles residents from falling into homelessness through outreach, case management, and expanding legal services. The organization has a workforce of 14 dedicated individuals.
Official website here: www.mayorsfundla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Mayor's Fund for Los Angeles has achieved an impressive overall score of 97%, reflecting its strong performance in accountability and finance. With a perfect score of 100 in Accountability & Finance, the organization demonstrates robust financial management practices, including an entirely independent board and effective oversight mechanisms. The high program expense ratio of 92.40% indicates that a significant portion of its funds is directed towards charitable programs rather than administrative expenses.
While the organization excels in financial accountability, it received a lower score of 73 in the Culture & Community category, suggesting there may be areas for improvement in community engagement or organizational culture. Despite this, the presence of comprehensive policies related to conflict of interest, whistleblowing, and document retention illustrates a commitment to transparency and ethical governance. Overall, The Mayor's Fund for Los Angeles stands out for its financial integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Mayor's Fund For Los Angeles?
100% of 9 reviewers on Facebook recommend The Mayor's Fund For Los Angeles. Here is a summary of their reviews:
Supporters express a strong enthusiasm for the nonprofit's initiatives, particularly praising its efforts during the COVID-19 pandemic. Many appreciate the call to action through events like the "All Together Now" concert, which not only entertains but also encourages donations to vital relief programs.
Overall, the feedback highlights a community-oriented impact, showcasing the Fund's commitment to addressing urgent needs in Los Angeles. The overwhelming recommendation reflects a positive sentiment, indicating that contributors feel the organization effectively supports those in need.
This AI summary has been generated from reviews found on Facebook.
Is The Mayor's Fund For Los Angeles legitimate?
The Mayor's Fund For Los Angeles is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mayor's Fund For Los Angeles submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $278,735
Professional Fundraising Fees: $240,000
Other Salaries and Wages: $651,321
For more financial information, click here
Official website here: www.mayorsfundla.org
What is the mission statement of The Mayor's Fund For Los Angeles?
The Mayor's Fund for Los Angeles works towards bringing together various sectors, including business, philanthropy, nonprofits, and government, to address the city's most pressing needs. Currently, their focus is on preventing homelessness among its residents. They achieve this through outreach, case management, and expanding legal services. The fund also supports disaster preparedness and crisis response efforts, particularly in the context of homelessness prevention. In the past, they have assisted residents during the COVID-19 pandemic and have programs that strengthen communities, such as those addressing climate change.
Official website here: www.mayorsfundla.org
Who is the CEO of The Mayor's Fund For Los Angeles?
Conway Collis is the CEO of The Mayor's Fund For Los Angeles The CEO's salary of The Mayor's Fund For Los Angeles is $190,313 and their total compensation is $200,672.
Official website here: www.mayorsfundla.org
What is the revenue of The Mayor's Fund For Los Angeles?
The Mayor's Fund For Los Angeles's revenue in 2024 was $7,953,932.
Official website here: www.mayorsfundla.org
Who are the executives of The Mayor's Fund For Los Angeles and what are their salaries?
The average compensation at The Mayor's Fund For Los Angeles during 2024 was $54,709. There are 17 employees and 225 volunteers at The Mayor's Fund For Los Angeles.
Here are 16 key members and their salaries (The Mayor's Fund For Los Angeles's CEO's salary is $190,313 and their total compensation is $200,672):
- Compensation: $190,313
- Related: $0
- Other: $10,359
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- Compensation: $138,310
- Related: $0
- Other: $7,415
- Compensation: $104,672
- Related: $0
- Other: $13,976
- Compensation: $261,755
- Related: $0
- Other: $7,465
Official website here: www.mayorsfundla.org
Where can I find the form 990 for The Mayor's Fund For Los Angeles?
The Mayor's Fund For Los Angeles's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mayorsfundla.org
Learn more at the official website: www.mayorsfundla.org
Mission Statement of The Mayor's Fund For Los Angeles
The Mayor's Fund for Los Angeles is a united force, bringing together various sectors including business, philanthropy, nonprofits, and government, to address the critical needs of Angelinos. Its current focus is on preventing Los Angeles residents from falling into homelessness. The organization achieves this by implementing outreach programs, providing case management, and expanding legal services. Besides homelessness prevention, The Mayor's Fund for Los Angeles has a history of supporting disaster preparedness and immediate crisis response efforts. During the COVID-19 pandemic, they played a crucial role in assisting Angelinos, and they have also been involved in programs that strengthen communities, such as those addressing climate change. In summary, this nonprofit organization is dedicated to addressing Los Angeles' most pressing issues, with a significant focus on preventing homelessness and ensuring the city's overall resilience.
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Impact
July, 2024
The Mayor's Fund For Los Angeles brings together business, philanthropy, The Mayor's Fund For Los AngelesS, and government to address Angelenos' most critical needs. The Fund supports disaster preparedness and immediate crisis response efforts, now focused on homelessness prevention. It has helped Angelenos throughout the COVID-19 pandemic and runs programs that strengthen communities, such as those addressing climate change. The Fund is currently developing and supporting programs to prevent Angelenos from falling into homelessness through outreach, case management, and expanding legal services.
This information is meant to be a general summary of The Mayor's Fund For Los Angeles. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $210,865
- Gross Receipts: $7,953,932
Assets and Liabilities:
- Total Assets: $5,840,477
- Total Liabilities: $693,196
- Net Assets: $5,147,281
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Organization Details
Founding Year
2014
Principal Officer
Conway Collis
Website
www.mayorsfundla.orgNTEE Category
Code: T31 - Philanthropy
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