Linc-redondo Beach Seniors Inc is a 501(c)(3) organization based in Long Beach, California, registered in 1995, with $2,796,006 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.8M
▲ 5.9% vs prior year
Housing median: $408K
Expenses (FY2024)
$2.9M
Net assets
$3.3M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Linc-redondo Beach Seniors Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Linc-redondo Beach Seniors Inc: 13 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Linc-redondo Beach Seniors Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Linc-redondo Beach Seniors Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.2M (FY2013) to $2.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-4.7%
Spent more than it raised in the latest fiscal year.
Total assets
$14.1M
Total liabilities
$10.8M
Net assets
$3.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,796,006▲5.9% | $2,928,383▲11.5% | $3,292,971▼3.9% | $14,122,458▼2.6% | 990 |
| 2023 | $2,641,084▲3.5% | $2,626,114▲1.7% | $3,425,348▲0.4% | $14,492,220▼1.0% | 990 |
| 2022 | $2,552,170▲8.9% | $2,583,410▲9.7% | $3,410,378▼0.9% | $14,634,878▲123% | 990 |
| 2021 | $2,342,634▼0.7% | $2,354,220▼2.2% | $3,441,618▼1.3% | $6,573,479▼5.7% | 990 |
| 2020 | $2,359,654▼0.3% | $2,408,043▲5.7% | $3,485,633▼1.4% | $6,970,951▲1.4% | 990 |
| 2019 | $2,366,743▲0.3% | $2,278,242▲18.0% | $3,534,022▲2.6% | $6,872,445▲3.7% | 990 |
| 2018 | $2,359,948▲0.6% | $1,930,667▼0.7% | $3,445,521▲14.2% | $6,628,607▲1.7% | 990 |
| 2017 | $2,345,966▲3.7% | $1,944,262▲11.3% | $3,016,240▲15.4% | $6,514,930▼5.1% | 990 |
| 2016 | $2,263,277▲3.0% | $1,746,266▼15.6% | $2,614,536▲24.6% | $6,866,041▼10.2% | 990 |
| 2015 | $2,197,552▲2.0% | $2,068,146▼9.6% | $2,097,525▲6.6% | $7,649,506▼9.8% | 990 |
| 2014 | $2,154,715▼0.6% | $2,286,829▲38.2% | $1,968,119▼8.6% | $8,478,884▲0.9% | 990 |
| 2013 | $2,167,165 | $1,654,327 | $2,153,779 | $8,402,321 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Linc-redondo Beach Seniors Inc (EIN 33-0677510) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.