California · Nonprofit
LONG BEACH ECONOMIC PARTNERSHIP
LONG BEACH ECONOMIC PARTNERSHIP (California) receives grants from 7 organizations whose IRS filings report $343,865 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($113,865). 6 of them have funded it in more than one year.
- Revenue FY2024
- $611k
- Funders on record
- 7
- Grants received
- $344k
- Net assets
- $139k
What Long Beach Economic Partnership does
Mission
Lbep's mission is to build economic prosperity through partnerships with both private and public entities, to create and accelerate growth opportunities for individuals, businesses, and the city at large. Lbep promotes, encourages and enhances the creation of jobs in the city of long beach, california through projects that assist in the retention of existing businesses/industries, the attraction of new businesses/industries and by aiding their development and growth.
As stated on its FY2024 Form 990.
Programs
General program - each year, lbep applies for grants to support its work. In 2024, lbep successfully applied for the following program grants: verizon / $10,000, us bank / $25,000, bank of america / $30,000, hsbc / $5,000, wells fargo / $15,000, la county supervisor hahn / $5,000, benevity air products / $10,000. These funds, along with member contributions (approximately $6,000), are distributed towards activities which support business and economic growth. These activities include research including data that informs business decisions related to investment, workforce and business retention within the city of long beach. Events including the long beach economic forum which provides economic outlook and analysis to support business decisions and growth strategies. The annual site selectors conference, which provides property developers and commercial real estate brokers, among others, to promote investment and location opportunities within the city of long beach, as well as meetings, seminars, and discussions related to domestic and international business expertise and insights.
$251,806 spentof which $12,500 as grants$63,758 earned by the program67% of program spendingThe world trade center long beach (wtclb) serves the business community by providing information related to international business and global trade. Wtclb sits as a subsidiary of lbep and is funded through the port of long beach, the partner to lbep in this endeavor. Wtclb hosted or participated in several activities which brought information and expert insights about international business to the city of long beach. These included panel discussions regarding trade with foreign nations, hosting select la an event regarding foreign direct investment (fdi) and participation in world trade week (wtw) an annual event hosted in long beach for the first time in 2024, celebrating the impact of global trade. In addition, wtclb drafted a comprehensive study on foreign owned enterprises (foe) and fdi within the city of long beach and supported the site selectors event by highlighting foreign investment in the city.
$100,000 spent27% of program spendingLbep led the "launch beach coalition" which is a working group made up of key stakeholders in the service of attracting tech startups to long beach. In addition, the group seeks to create an environment within the city that fosters startup growth and investment. The stakeholders include lbep, sunstone, long beach accelerator, imprint ventures, csulb center for entrepreneurship and innovation and the city of long beach economic development department. The coalition members are provided funding of $25,000 from sunstone. Together the coalition has held regular meetings to determine the following: establishment of a work space environment, curating of speakers and experts in the tech startup space, venture captial attraction, introductions and investment, hosting of panel discussions, meetups and other opportunities to provide startup engagement and interaction. As part of this effort, some of the coalition members worked directly with the city's economic development department to identify funding opportunities to expand on the work of the coalition. The group also held regular meetings and opportunities for the wider public to meet and learn more about the coalition and join the…
$25,000 spent7% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $376,806.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $458k to $331k (−28%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2021 6% · 2022 20% · 2023 33% · 2024 64%. Grants only. Government contracts and fees sit inside program revenue.
90% of LONG BEACH ECONOMIC PARTNERSHIP’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Ryan Altoon
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $25k → $60k.
2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 42% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $256k from 3 payers (the payer shares this organization's board, largest Long Beach Community Foundation). These are real filings, and they are not money LONG BEACH ECONOMIC PARTNERSHIP raised.
From the IRS filings of LONG BEACH ECONOMIC PARTNERSHIP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
LONG BEACH ECONOMIC PARTNERSHIP leans on a few funders — its largest provides 33% of grant income and the top three 67%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
42% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund LONG BEACH ECONOMIC PARTNERSHIP.
Largest funder’s share by year: 2019 100% · 2020 77% · 2021 100% · 2022 50% · 2023 58% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
LONG BEACH ECONOMIC PARTNERSHIP draws 88% of its grant income from funders outside California, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $144k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
LONG BEACH ECONOMIC PARTNERSHIP's funding base is broadening — from 1 funders to 2 as grant income climbed.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Organizations like LONG BEACH ECONOMIC PARTNERSHIP
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
50% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for LONG BEACH ECONOMIC PARTNERSHIP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds LONG BEACH ECONOMIC PARTNERSHIP?
- LONG BEACH ECONOMIC PARTNERSHIP (California) receives grants from 7 organizations whose IRS filings report $343,865 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($113,865). 6 of them have funded it in more than one year.
- How many funders does LONG BEACH ECONOMIC PARTNERSHIP have?
- IRS filings report 7 organizations giving $343,865 in grants to LONG BEACH ECONOMIC PARTNERSHIP, 6 of which have funded it in more than one year.
- Who is the largest funder of LONG BEACH ECONOMIC PARTNERSHIP?
- NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $113,865 in grants. The full list of funders is on this page.
- How can an organization like LONG BEACH ECONOMIC PARTNERSHIP find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing