THE LAUNDRY TRUCK LA

EIN: 822786863 501(c)(3) Human Services

LOS ANGELES, CA

Total Revenue
$560,749
Total Expenses
$550,370
Total Assets
$175,501
Net Assets
$170,800
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Phone
3232645536
Tax Period
2024-01-01 to 2024-12-31

THE LAUNDRY TRUCK LA, founded in 2017, is a small nonprofit in the Human Services sector that reported $561K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

TO PROVIDE FREE MOBILE LAUNDRY SERVICE TO THOSE EXPERIENCNG HOMELESSNES AND POVERTY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $560,749
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $560,749

Expense Breakdown

Grants Paid $0
Salaries & Benefits $223,292
Fundraising Expenses $70,964
Program Expenses $319,265
Other Expenses $327,078
TOTAL EXPENSES $550,370

Year-over-Year Comparison

2024 2023 Change
Revenue $560,749 $645,245 -0.1%
Expenses $550,370 $525,494 +0.0%
Net Income $10,379 $119,751 -0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$33,120
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JODIE DOLAN Director 5.00
Officer
$33,120 $0 $33,120
ROBERT A LANDINO CFO 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $560,749 $550,370 $175,501 $10,379
2023 $645,245 $525,494 $160,421 $119,751
2022 $414,350 $436,886 $40,670 $-22,536
2021 $314,904 $423,816 $63,206 $-108,912
2020 $419,648 $321,518 $172,121 $98,130
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