Local First Arizona Foundation is a 501(c)(3) organization based in Phoenix, Arizona, registered in 2009, with $12,939,628 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$12.9M
▲ 87.8% vs prior year
Community median: $184K
Expenses (FY2023)
$13.0M
Net assets
$3.1M
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 Local First Arizona Foundation— 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 Local First Arizona Foundation: 3 mo reserves · -1% 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 Local First Arizona Foundation— 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 Local First Arizona Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $79K (FY2011) to $12.9M (FY2023) across 13 reported years.
Financial snapshot
Operating margin
-0.7%
Spent more than it raised in the latest fiscal year.
Total assets
$5.4M
Total liabilities
$2.4M
Net assets
$3.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $12,939,628▲87.8% | $13,030,339▲104% | $3,052,291▼2.9% | $5,416,448▲30.5% | 990 |
| 2022 | $6,889,263▲15.0% | $6,382,190▲37.1% | $3,143,002▲19.2% | $4,151,480▲28.4% | 990 |
| 2021 | $5,988,087▼58.8% | $4,654,764▼65.9% | $2,635,929▲102% | $3,232,104▲105% | 990 |
| 2020 | $14,517,718▲1013% | $13,648,298▲954% | $1,302,606▲336% | $1,578,023▲219% | 990 |
| 2019 | $1,304,299▲20.5% | $1,295,377▲22.3% | $298,832▲10.4% | $494,732▲7.7% | 990 |
| 2018 | $1,082,829▲43.9% | $1,059,569▲45.4% | $270,664▲5.4% | $459,444▲10.5% | 990 |
| 2017 | $752,476▲16.2% | $728,602▲36.2% | $256,723▲12.0% | $415,807▲81.3% | 990 |
| 2016 | $647,483▲44.6% | $534,898▲18.2% | $229,169▲96.6% | $229,373▲96.4% | 990 |
| 2015 | $447,772▲50.6% | $452,568▲60.7% | $116,584▲4.7% | $116,788▲0.4% | 990 |
| 2014 | $297,376▲29.2% | $281,543▲20.2% | $111,380▲10.8% | $116,380▲14.8% | 990 |
| 2013 | $230,191▲32.6% | $234,151▲48.6% | $100,547▼3.7% | $101,366▼7.1% | 990 |
| 2012 | $173,589▲121% | $157,601▲134% | $104,421▲18.1% | $109,067▲13.4% | 990EZ |
| 2011 | $78,542 | $67,451 | $88,433 | $96,192 | 990EZ |
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.
45 grants to Local First Arizona Foundation totaling $5.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Burton Family Foundation | Designated support for the economic resource center | 2024 | $685,000 |
| Rf Catalytic Capital Inc | To support capacity building | 2024 | $350,000 |
| United States Energy Foundation | To support education and outreach to build a clean energy future. | 2024 | $275,000 |
| Rural Community Assistance | Vector_cli | 2024 | $125,000 |
| Tides Center | Sustainable environment | 2024 | $45,000 |
| Arizona Community Foundation | This award is designated support for the economic resource center. enclosed is the first payment of $225,000.00 from the recommended $675,000.00 grant. | 2024 | $40,900 |
| United Nations Foundation Inc | Environment | 2024 | $37,500 |
| United Nations Foundation Inc | Environment | 2024 | $37,500 |
| Arizona Community Foundation | General support | 2023 | $484,000 |
| Windward Fund | Environmental programs | 2023 | $400,000 |
| United States Energy Foundation | To support education and outreach to build a clean energy future. | 2023 | $200,000 |
| Community Food Bank Inc | Partner grant | 2023 | $60,000 |
| Rural Community Assistance | Vector_cli | 2023 | $50,000 |
| United Nations Foundation Inc | Environment | 2023 | $37,500 |
| International Rescue Committee Inc | Refugee programs | 2023 | $12,569 |
Explore more
Data for Local First Arizona Foundation (EIN 26-1657951) 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.