Community Improvement
(S31)
IRS Verified
DX Registered
990 on File
LOCAL FIRST ARIZONA FOUNDATION
Financial strength (30%)
64/100
Reliability (20%)
50/100
Effectiveness (25%)
97/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Local First Arizona Foundation’s mission is to build equitable communities that create opportunities for people to build healthy futures for themselves and their families. We work to build resilient, inclusive economies that are self-reliant and prosperous. Our holistic approach to building prosperity is paving new paths for all residents to thrive. Dedicated to its mission and community, LFAF values equity. In all its priorities (Healthy Food Initiatives, Rural Community and Economic Development, and Fuerza Local Business Accelerator), LFAF recognizes and values creative placemaking, place-based economies, and ‘sense of place’ for all communities.
Financial Overview — FY 2024
$10.5M
Total Revenue
$10.2M
Total Expenses
$3.4M
Net Assets
73
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
90.7%
Fundraising Efficiency
116.9%
Operating Reserve
3.95x
Liability-to-Asset
37.1%
Revenue Diversification
96.5%
Executive Compensation
$362K
Compared with Peers
FY 2024
Compared with 285 similar organizations
(United States, Community Improvement, $10M–$100M 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
|
90.7% | 90.2% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.3% | 8.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 0.2% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
116.9% | 202.3% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.0 mo | 5.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
37.1% | 40.6% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
96.5% | 91.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-18.5% | 5.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-21.5% | 7.4% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.0% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $10.5M | $10.2M | $3.4M | 90.7% | 73 |
| 2023 | $12.9M | $13.0M | $3.1M | 94.7% | 69 |
| 2022 | $6.9M | $6.4M | $3.1M | 92.0% | 57 |
| 2021 | $6.0M | $4.7M | N/A | — | 47 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.