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Los Angeles Alliance for a New Economy

EIN 95-4459427 · Los Angeles, CA

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

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceStrong92 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO IMPROVE THE SKILLS, WAGES, AND WORKING CONDITIONS OF WORKERS IN THE TOURISM INDUSTRY AND TO ASSURE THAT THE BENEFITS OF TOURISM CONTRIBUTE EQUITABLY TO THE ECONOMIC AND SOCIAL DEVELOPMENT OF ALL COMMUNITIES IN THE GREATER LOS ANGELES AREA. THE COUNCIL WILL PAY PARTICULAR ATTENTION TO IMMIGRANT WORKERS, WHO COMPRISE MOST OF THOSE EMPLOYED IN THE HOTELS, AMUSEMENT PARKS, RESTAURANTS, RETAIL, AND OTHER SERVICE SECTORS ASSOCIATED WITH TRAVEL AND TOURISM.

Income
$6.0 million
Spending
$5.4 million
Spent on programs
84%
Reserves
5.4 months of spending
Largest source of income
donations and private grants, 100%
Employees
84
Volunteers
0
Highest pay
$187,540, director of specieal projects

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

Good: 85 out of 100. Higher than 63% of charities in its peer group (health care, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 5.4 months of spending.

  • Debt

    20 of 20

    It owes 8% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 11% of income.

  • Income trend

    15 of 15

    Income rose 64% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 7 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

Strong: 92 out of 100. Higher than 52% of charities in its peer group (health care, $1m to $10m).

  • Independent board

    25 of 25

    20 of 20 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

    15 of 15

    Its accounts were audited 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 (1)
  1. $4.5 million spent. LOS ANGELES ALLIANCE FOR A NEW ECONOMY (LAANE) IS A LEADING ADVOCACY ORGANIZATION DEDICATED TO BUILDING A NEW ECONOMY FOR ALL. COMBINING DYNAMIC RESEARCH, INNOVATIVE PUBLIC POLICY, AND ORGANIZING OF BROAD ALLIANCES, LAANE PROMOTES A NEW ECONOMIC APPROACH BASED ON GOOD JOBS, THRIVING COMMUNITIES, AND A HEALTHY ENVIRONMENT. LAANE ACCOMPLISHES THIS THROUGH THE FOLLOWING PROJECTS:EDUCATIONTRANSFORMING PUBLIC EDUCATION INTO A VEHICLE FOR COMMUNITY CHANGELAANE IS WORKING TO IMPROVE ACCESS AND ADVANCE OPPORTUNITIES IN PUBLIC EDUCATION FOR ALL STUDENTS SO THAT THEY THRIVE IN THE CLASSROOM, IN THEIR COMMUNITIES, AND BEYOND. BUILDING OFF A (CONTINUED ON SCH. O) COMMUNITY SCHOOLS MODEL AND IN PARTNERSHIP WITH RECLAIM OUR SCHOOLS LA, LAANE EMPOWERS PARENTS, STUDENTS, STAFF, AND TEACHERS TO BE ACTIVE PARTNERS IN SHAPING THE PRIORITIES AND FUTURE OF LAUSD.HOTELSTRANSFORMING THE LONG BEACH TOURISM INDUSTRY INTO AN ENGINE FOR GOOD JOBS AND HEALTHY COMMUNITIESLAANE IS WORKING TO ENSURE THAT THE LONG BEACH TOURISM INDUSTRY PROVIDES GOOD JOBS, STRENGTHENS COMMUNITIES, AND OFFERS A FAIR RETURN ON THE PUBLIC'S INVESTMENT. LAANE BELIEVES THAT THE LONG BEACH HOTEL INDUSTRY CAN AND MUST INVEST MORE IN ITS WORKFORCE SO IT WILL GUARANTEE LONG-TERM SUCCESS, BENEFIT RESIDENTS AND BUSINESSES ALIKE, AND CREATE MORE JOBS THAT CAN SUPPORT LONG BEACH FAMILIES.TRANSFORMING THE LONG BEACH TOURISM INDUSTRY INTO AN ENGINE FOR GOOD JOBS AND HEALTHY COMMUNITIESLAANE IS WORKING TO ENSURE THAT THE CITY OF LOS ANGELES' TOURISM INDUSTRIES PROVIDE GOOD JOBS, STRENGTHEN COMMUNITIES, AND OFFER A FAIR RETURN ON THE PUBLIC'S INVESTMENT. LAANE BELIEVES THAT THE LOS ANGELES HOTEL INDUSTRY CAN AND MUST INVEST MORE IN ITS WORKFORCE SO IT WILL GUARANTEE LONG-TERM SUCCESS, BENEFIT RESIDENTS AND BUSINESSES ALIKE, AND CREATE MORE JOBS THAT CAN SUPPORT LOS ANGELES FAMILIES.GROCERY AND RETAILTRANSFORMING GROCERY AND RETAIL INTO A HIGH ROAD INDUSTRY THAT PRIORITIZES WORKER AND CUSTOMER SAFETYLAANE IS WORKING TO IMPROVE RETAIL JOBS IN L.A. BY ENSURING THAT WORKERS HAVE ACCESS TO MORE HOURS, SAFE AND HEALTHY WORKWEEKS, AND FAIR SCHEDULING PRACTICES. LAANE BELIEVES THAT THESE FRONTLINE ESSENTIAL WORKERS DID NOT STOP BEING ESSENTIAL AT THE END OF THE COVID-19 PANDEMIC AND THAT THEY DESERVE FAMILY-SUSTAINING JOBS AND BENEFITS.CLIMATETRANSFORMING THE LOS ANGELES GREEN ECONOMY TO LEAD WITH EQUITY AND GOOD JOBSLAANE IS WORKING TO COMBAT THE CLIMATE CRISIS IN LOS ANGELES. LAANE SEEKS TO ACHIEVE A UNION-MADE, RENEWABLE ENERGY, AND WATER-RESILIENT REGIONAL FUTURE THAT CENTERS RATEPAYER EQUITY, EXPANDS ACCESS TO GREEN INFRASTRUCTURE, AND GENERATES GOOD JOBS FOR FRONTLINE COMMUNITIES.

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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.

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

    Recognized by the IRS since March 1998.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.