Totals
- Total revenue
- $490,930
- Total expenses
- $336,785
- Contributions and grants received
- $479,807
- Grants paid
- $2,341
- Program service revenue
- $11,118
- Investment income
- $5
- Other revenue
- $0
- Total assets, end of year
- $404,268
- Total liabilities, end of year
- $204,376
- Net assets or fund balances, end of year
- $199,892
- Program services expenses (Part IX)
- $216,568
- Management and general expenses
- $89,759
- Fundraising expenses
- $30,458
- Program service expenses (Part III)
- $216,568
Program services were 64.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$15,752
-
1f · All other contributions, gifts and grants
$464,055
-
2a · Program service revenue: Fees for Services
total $11,118 · unrelated business $0 · excluded $0
-
3 · Investment income
total $5 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$15,752
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,341 · program services $2,341
-
5 · Compensation of officers, directors and key employees
total $140,173 · program services $56,435 · management and general $56,580 · fundraising $27,158
-
7 · Other salaries and wages
total $86,147 · program services $86,147 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $17,259 · program services $17,259 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $18,362 · program services $18,362 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $632 · program services $632 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $11,750 · program services $0 · management and general $11,750 · fundraising $0
-
11g · Fees: other
total $5,138 · program services $3,070 · management and general $0 · fundraising $2,068
-
13 · Office expenses
total $18,003 · program services $16,376 · management and general $727 · fundraising $900
-
14 · Information technology
total $11,141 · program services $7,555 · management and general $3,487 · fundraising $99
-
16 · Occupancy
total $8,480 · program services $0 · management and general $8,480 · fundraising $0
-
17 · Travel
total $3,672 · program services $1,920 · management and general $1,752 · fundraising $0
-
19 · Conferences, conventions and meetings
total $8,976 · program services $1,980 · management and general $6,763 · fundraising $233
-
23 · Insurance
total $1,550 · program services $1,550 · management and general $0 · fundraising $0
-
24a · Other expenses: CA Sales Tax
total $220 · program services $0 · management and general $220 · fundraising $0
-
24b · Other expenses: Materials and Supplies
total $1,852 · program services $1,852 · management and general $0 · fundraising $0
-
24c · Other expenses: Food and Supplies
total $1,089 · program services $1,089 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $291,036 · end of year $386,321
-
4 · Accounts receivable
beginning of year $5,028 · end of year $15,450
-
9 · Prepaid expenses and deferred charges
beginning of year $2,532 · end of year $2,497
-
17 · Accounts payable and accrued expenses
beginning of year $267 · end of year $267
-
19 · Deferred revenue
beginning of year $209,615 · end of year $204,109
-
31 · Retained earnings, endowment or other funds
beginning of year $88,714 · end of year $199,892
Mission and programs · 2023
Mission
The L.A. Co-op Lab is a collective that worker ownership in Los Angeles as a pathway toward a more equitable and democratic economy.
-
Cooperative Education L.A. Co-op Lab provides training to teach people and teams the skills they need to successfully operate and own a cooperative business. Our education programs are bilingual and include in person workshops and cohorts, online courses and print curriculum materials available to all.
Expenses $118,742 · Revenue $8,418
-
Cooperative Development L.A. Co-op Lab provides incubation support, technical assistance and in-depth coaching to those interested in starting or becoming a worker-owned cooperative. We also facilitate fair access to capital via our membership in Seed Commons, a financial cooperative.
Expenses $62,658 · Grants $2,341
-
Ecosystem Building L.A. Co-op Lab works to build a network of support for emerging and existing worker-owned cooperatives across Los Angeles. We host regular networking and community events and build partnerships with organizations, allies, and technical service providers to facilitate mutual learning and growth for cooperatives county-wide.
Expenses $35,168
As filed on the 2023 return.
Listed in Part VII
-
Yuki Kidokoro
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Adriana Swain
Director
- Total calculated
- $0
- Hours/week
- 1
-
Gilda Haas
Treasurer
- Total calculated
- $0
- Hours/week
- 40
-
Lupe Romero Elicea
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rita Ortiz Contreras
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kasey Ventura
Director
- Total calculated
- $0
- Hours/week
- 1
-
Citlalli Velasquez
Director
- Total calculated
- $70,087
- From this org
- $0
- From related orgs
- $70,087
- Other
- $0
- Hours/week
- 1
-
Rachel Balderston
Secretary
- Total calculated
- $70,087
- From this org
- $0
- From related orgs
- $70,087
- Other
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443209349327144
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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