Los Angeles River Revitalization Corporation
- Assets
- $536.0k
- Revenue
- $455.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Los Angeles, CA
- Founding
- 08/2010
- Data as of
- 06/2023
- EIN
- 27-2245545
Organization Overview
Los Angeles River Revitalization Corporation, operating under the name River La, is located in Los Angeles, CA. The organization was established in 2010. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, River LA employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. River LA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, River LA generated $455.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (23.6%) each year. All expenses for the organization totaled $620.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (19.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENGAGE. PROTECT. ENHANCE.WE ARE ON A MISSION TO BRING PEOPLE, WATER, AND NATURE TOGETHER WHILE PURSUING A SUSTAINABLE REVITALIZATION OF THE 51-MILES OF THE LOS ANGELES RIVER CORRIDOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RIVER LA WAS AWARDED A CALIFORNIA STATE PARKS OUTDOOR EQUITY GRANT SUPPORTING THE CITY OF COMPTON. SOME OF THE PROGRAMS INCLUDE TAKING 2500 YOUTH TO STATE PARKS AND ENVIRONMENTAL AND WILDLIFE PROGRAMS. RIVER LA HAS ORGANIZED CAMPING TRIPS, HIKES WITH WOLVES, EDUCATION IN GARDENING AND OUTDOOR SPORTS. THE IMPACT OF THE PROGRAM IS SIGNIFICANT AND LIFE CHANGING FOR CHILDREN WHO HAVE NEVER VENTURED MORE THAN A MILE FROM THEIR HOMES.
DEVELOPMENT OF A MULTI-USE HUB WITH NET NEGATIVE GOALS THAT WILL PROVIDE A LOCATION FOR JOB TRAINING TO IMPROVE COMMUNITIES ALONG THE LOS ANGELES RIVER IN TAYLOR YARD, THE 100 ACRE PARK BEING BUILT DIRECTLY ADJACENT TO THE LOS ANGELES RIVER ON THE LARGEST CONTIGUOUS PIECE OF LAND LEFT ON ALONG THE RIVER. THIS PARK REPRESENTS THE LARGEST OPEN SPACE UNDERTAKEN IN LOS ANGELES SINCE GRIFFITH PARK IN 1896. RIVER LA WAS ASKED BY THE CITY OF LOS ANGELES TO LEAD THE FRIENDS OF TAYLOR YARD CAPITAL CAMPAIGN TO SUPPORT THIS REMARKABLE PROJECT AND WE HAVE AN MOU FOR OUR WORK, APPROVED BY THE CITY COUNCIL.
THE WATER FORUM IS A FIVE YEAR PROJECT TO CONVENE AROUND WATER ISSUES. THIS IS A FORUM THAT WILL BRING TOGETHER KEY DECISION MAKERS IN CALIFORNIA, NEVADA, ARIZONA AND MEXICO TO MOVE FORWARD WITH WELL-DEFINED GOALS AND SOLUTIONS TO SHARED WATER CHALLENGES AND TO ENSURE THAT OUR NEW LOS ANGELES AND CALIFORNIA WATER PLATFORMS THAT ADDRESS INFRASTRUCTURE, COMMUNITY OUTREACH AND NEEDS, EQUITY, AND PROGRAMS BEING LED BY PROP 1 TO BUILD STRUCTURE TO CAPTURE, STORE, CLEAN AND REUSE WATER SUCCEED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Margaret Moulene Executive Director | 40 | $245,000 | |
Harry Chandler Chairman | OfficerTrustee | 5 | $0 |
Christopher Rising Vice- Chair | OfficerTrustee | 5 | $0 |
Cynthia Hirschhorn Board Member | Trustee | 1 | $0 |
Jennie Carreon Board Member | Trustee | 1 | $0 |
Jordan Kerner Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Olin Partnership Ltd Subcontractor Pass-throug | 6/29/21 | $1,043,160 |
Gehry Partners Llp Subcontractor Pass-throug | 6/29/21 | $554,997 |
Geosyntec Consultants Inc Subcontractor Pass-throug | 6/29/21 | $403,000 |
Magnusson Klemencic Associates Subcontractor Pass-throug | 6/29/21 | $128,760 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $342,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,270 |
| Total Program Service Revenue | $109,465 |
| Investment income | $918 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $454,995 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $1,200 |
| Compensation of current officers, directors, key employees. | $263,837 |
| Compensation of current officers, directors, key employees. | $31,844 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,563 |
| Pension plan accruals and contributions | $5,296 |
| Other employee benefits | $26,440 |
| Payroll taxes | $11,590 |
| Fees for services: Management | $50,390 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,389 |
| Fees for services: Lobbying | $13,917 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,404 |
| Advertising and promotion | $1,462 |
| Office expenses | $9,584 |
| Information technology | $1,432 |
| Royalties | $0 |
| Occupancy | $1,066 |
| Travel | $5,745 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,418 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $19,828 |
| All other expenses | $0 |
| Total functional expenses | $620,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,470 |
| Savings and temporary cash investments | $323,215 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $109,465 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $9,816 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $535,966 |
| Accounts payable and accrued expenses | $80,651 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $17,308 |
| Total liabilities | $97,959 |
| Net assets without donor restrictions | $256,573 |
| Net assets with donor restrictions | $181,434 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $535,966 |