Recreation & Sports
(N71)
990 on File
LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAM
Financial strength (30%)
43/100
Reliability (20%)
50/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$12.3M
Total Revenue
$78.4M
Total Expenses
$-219,685,823
Net Assets
157
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
65.5%
Fundraising Efficiency
N/A
Operating Reserve
-33.64x
Liability-to-Asset
255.0%
Revenue Diversification
64.8%
Executive Compensation
$11.0M
Compared with Peers
FY 2023
Compared with 163 similar organizations
(United States, Recreation & Sports, $10M–$100M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
65.5% | 85.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
34.5% | 10.7% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-33.6 mo | 11.5 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
255.0% | 23.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.8% | 85.6% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-77.0% | 6.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-44.1% | 12.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-534.8% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $12.3M | $78.4M | $-219,685,823 | 65.5% | 157 |
| 2022 | $53.7M | $140.2M | $-153,674,733 | 86.3% | 126 |
| 2021 | $22.0M | $93.2M | N/A | — | 87 |
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