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Long Beach Center for Economic Inclusion

EIN 84-4693859 · Long Beach, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceGood83 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

LBCEI is a community development corporation that expands inclusive economic opportunities to build and sustain wealth for all communities in Long Beach.

Income
$322,778
Spending
$497,029
Spent on programs
87%
Reserves
4.7 months of spending
Largest source of income
government grants, 56%
Employees
3
Volunteers
21
Highest pay
$62,885, executive dir.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 23% of charities in its peer group (human services, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.7 months of spending.

  • Debt

    20 of 20

    It owes 9% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 54% of income.

  • Income trend

    0 of 15

    Income fell 70% on the year before.

  • Spending floor

    15 of 15

    87% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 83 out of 100. Higher than 66% of charities in its peer group (human services, $250k to $1m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $433,438 spent. Economic resiliencyThe long beach food support network is a collection of 9 food pantry partners and 3 neighborhood groups in long beach that have been working to meet the growing food insecurity needs of under-served communities in our city. As t ed for free food has grown throughout the covid pandemic, this network has actively served more than 1,500 households every week since last April.Our initiatives include, offering financial literacy education for all ages; children, youth and adults. Expand multilingual financial literacy classes. Facilitate reintegration activities, including expungement workshops. Connect residents to financial institutions.
  2. Small Business LBCEI is committed to providing resources for small business owners. Through our LBCEI webinar series, small business owners learned new ways to look at business growth and the future of the company. The key to business growth is setting a vision and solid foundation for your business and driving growth with new tools and an entrepreneurial mindset. Business experts taught new methods and tools that positioned companies for growth though vision, marketing, and sales. Our initiatives include, facilitate entrepreneur training and workshops. Connect local businesses to funding and contract opportunities within the city. Provide technical assistance to small businesses. Provide administrative support to business improvements districts.
  3. Workforce / digital inclusionMore than ever, a reliable internet connection and access to technology are an integral part of school and work for so many long beach residents. Lbcei is working with partners around the city to help bring those resources to those who need it. Our initiatives include, to partner with local community-based organizations, agencies and educational institutions to facilitate youth and adult trainings. Offer soft skills (i.e. Customer service) and technical skills training to immigrants, people with disabilities, formerly incarcerated, etc. Facilitate resume building workshops and job interview trainings. Introduce youth to careers in trade and emerging industries.
  4. Housing supportLbcei is committed to providing a path to affordable housing and homeownership to our long beach communities.Our initiatives include, tenant-focused services such as renter's rights education and pathways to homeownership. Partner with housing authority. Establish a hud certified counseling center. Provide down payment assistance. Organize a rental assistance program fund. Wrap-around services that inform and assist residents with housing. Active in affordable housing development.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2020.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.