Mission Statement
“TO PROMOTE HEALTH AND FITNESS, EDUCATION, CULTURAL AWARENESS AND COMMUNITY INVOLVEMENT.” - Established in 1978. L.A. Chinatown Firecracker Run Committee, Inc. (LACFRC) are a non-salaried group of volunteers who donate their time and energy to organize and stage events and programs; promoting health, fitness, and cultural awareness to the greater Los Angeles community. All proceeds are reinvested in the community, in support of elementary schools and non-profit organizations, providing service and programs that benefit local neighborhoods.
Financial Overview — FY 2023
$499K
Total Revenue
$580K
Total Expenses
$239K
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.1%
Fundraising Efficiency
0.0%
Operating Reserve
4.95x
Liability-to-Asset
0.0%
Revenue Diversification
93.5%
Impact
5 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| 100000 | 5,000 | $50.00 | — | Per Day |
| 100000 | 5,000 | $50.00 | — | Per Day |
| 100000 | 5,000 | $50.00 | — | Per Day |
| 500000 | 5,000 | $500.00 | — | Per Day |
| 500000 | 5,000 | $50.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $499K | $580K | $239K | 92.1% | 1 |
| 2022 | $333K | $226K | N/A | — | 1 |
| 2021 | $384K | $130K | N/A | — | 1 |
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