LOS ANGELES HEADQUARTERS CITY ASSOCIATION

EIN: 953415625

LOS ANGELES, CA

Total Revenue
$146,383
Total Expenses
$154,233
Total Assets
$168,146
Net Assets
$168,146
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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
1961
Legal Domicile
CA
Principal Officer
DAVID WAITE
Phone
8883170754
Tax Period
2024-09-01 to 2025-08-31

LOS ANGELES HEADQUARTERS CITY ASSOCIATION, founded in 1961, is a small nonprofit that reported $146K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum.

Mission

LOS ANGELES HEADQUARTERS (LAHQ) PROMOTES BUSINESS AND EDUCATIONAL AND COMMUNITY DEVELOPMENT THROUGHOUT THE GREATER LOS ANGELES REGION THROUGH AWARDS LUNCHEON AND OTHER EVENTS WHICH SPOTLIGHT THE BUSINESS OPPORTUNITIES IN REGIONS THROUGHOUT LOS ANGELES. THESE EVENTS FACILITATE NETWORKING FOR OUR MEMBERS BY PROVIDING THEM WITH THE OPPORTUNITY TO MEET WITH OTHER BUSINESS PROFESSIONALS AND CIVIC LEADERS.

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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 $59,950
Program Service Revenue $0
Investment Income $0
Other Revenue $86,433
TOTAL REVENUE $146,383

Expense Breakdown

Grants Paid $50,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $209,845
Other Expenses $104,233
TOTAL EXPENSES $154,233

Year-over-Year Comparison

2024 2023 Change
Revenue $146,383 $80,130 +0.8%
Expenses $154,233 $100,325 +0.5%
Net Income $-7,850 $-20,195 -0.6%
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
214
Independent Members
214
Employees
N/A
Volunteers
13

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
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SERENA WINNER Director 1.00
Director
$0 $0 $0
BOB LAVEY PAST PRESIDENT 3.00
Officer Director
$0 $0 $0
BRYAN ECK Director 1.00
Director
$0 $0 $0
VICTORIA CONNELL Director 1.00
Director
$0 $0 $0
AARON HOUPIS Director 1.00
Director
$0 $0 $0
JAN KARL Director 1.00
Director
$0 $0 $0
ABBEY EHMAN Vce Prsdnt/Trsr 1.00
Director
$0 $0 $0
DAVID WAITE President 3.00
Officer Director
$0 $0 $0
GILBERT ROCCA Director 1.00
Director
$0 $0 $0
GREG SHULTZ Director 1.00
Director
$0 $0 $0
CASEY GORDON Director 1.00
Director
$0 $0 $0
GREGORIO VARELA Programs 1.00
Director
$0 $0 $0
TOM NEARY Sponsorship Chr 1.00
Director
$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
2025 $146,383 $154,233 $168,146 $-7,850
2024 $80,130 $90,325 $171,014 $-10,195
2023 $102,889 $76,637 $191,209 $26,252
2019 $162,284 $128,366 $118,426 $33,918
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