Employment
(J22)
IRS Verified
DX Registered
990 on File
UNITE-LA INC
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
88/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
L.A. Cash for College’s mission is to increase college access and success by informing students and families about the college and financial aid application processes, assisting them through the application processes, and rewarding them for taking important steps to pursue education beyond high school.
Financial Overview — FY 2024
$7.4M
Total Revenue
$7.9M
Total Expenses
$5.1M
Net Assets
56
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.9%
Fundraising Efficiency
N/A
Operating Reserve
7.73x
Liability-to-Asset
20.4%
Revenue Diversification
99.6%
Executive Compensation
$207K
Compared with Peers
FY 2024
Compared with 811 similar organizations
(United States, Employment, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
83.9% | 84.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.9% | 13.5% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.7 mo | 10.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
20.4% | 15.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.6% | 92.9% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-3.5% | 8.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
23.0% | 8.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.0% | 3.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $7.4M | $7.9M | $5.1M | 83.9% | 56 |
| 2023 | $7.7M | $6.4M | $5.6M | 85.1% | 56 |
| 2022 | $7.4M | $5.8M | $4.4M | 77.0% | 52 |
| 2021 | $6.3M | $5.4M | $2.8M | 80.0% | 46 |
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