SUSTAINABLE ECONOMIC ENTERPRISES OF LOS ANGELES
Mission Statement
SEE-LA’s mission is to build sustainable food systems and promote social and cultural activities that benefit both low-to-moderate income residents of Los Angeles while also supporting California small- and mid-sized farms and local small businesses. Besides our incredible Farmers Markets, SEE-LA keeps Los Angeles healthy by offering and coordinating many programs that enrich lifestyles, help the community and enhance our mission. We are dedicated to improving access to fresh, healthy foods by way of CalFresh EBT, the WIC program and Market Match. We also get kids on the right path with the Bring the Farmer to Your School program, which has been in existence for over 15 years. We recently added the Pompea Smith Cooking School and Buena Cocina Nutrition Education Program. For a complete overview and more details, please visit our Programs Page.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.7% | 85.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.3% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.9% | 0.1% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
1.7 mo | 9.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
61.1% | 21.3% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.1% | 90.7% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
55.8% | 8.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
35.6% | 10.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
6.6% | 1.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $6.2M | $5.8M | $796K | 88.7% | 64 |
| 2023 | $4.0M | $4.3M | $389K | 93.0% | 62 |
| 2022 | $3.1M | $3.3M | $680K | 82.6% | 52 |
| 2021 | $6.7M | $4.9M | N/A | — | 47 |
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