Charity Search / LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAM
Recreation & Sports (N71) 990 on File

LOS ANGELES ORGANIZING COMMITTEE FOR THE OLYMPIC AND PARALYMPIC GAM

EIN: 47-2018941 · LOS ANGELES, CA 90024-0000 · United States · FY 2023 Data
3 out of 5 43 / 100 Based on 2+ years of filings
Financial strength (30%) 43/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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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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Organization Details
EIN
47-2018941
State
CA
City
LOS ANGELES
ZIP
90024-0000
Classification
N71
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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