Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
El Segundo Economic Development Corp
EIN 85-4301591 • 501(c)3 • El Segundo, CA
Profile
The organization is dedicated to advancing economic opportunity for employers and prosperity for the residents of el segundo, ca
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
81st percentile
Higher net margin than 81% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
56th percentile
Faster asset growth than 56% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Balance Sheet
Assets
Up$190,732
Up $18,450 (+11%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$190,732
Up $18,450 (+11%) from 2023
Revenue
Down$62,500
Down $68,336 (-52%) from 2023
Expenses
Up$44,050
Up $12,619 (+40%) from 2023
Net Income
Down$18,450
Down $80,955 (-81%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $190,732
- Liabilities
- $0
- Net assets
- $190,732
- Revenue
- $62,500
- Expenses
- $44,050
- Net income
- $18,450
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Apr 29, 2025
- Return Version
- 2024v5.1
- Gross Receipts
- $62,500
Mission and Program Overview
Mission
The organization is dedicated to advancing economic opportunity for employers and prosperity for the residents of el segundo, ca
SEE SCHEDULE O
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SEE SCHEDULE O | - | $6,791 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DANIEL MARTIN | President | - | $0 | - | - |
| CHARLES SIMS | Vice President Secretary | - | $0 | - | - |
| AL KEAHI | Vice President Treasurer | - | $0 | - | - |
| ERIC CHAN | Chairman Emeritus | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- El Segundo Economic Development Corp
- EIN
- 85-4301591
- In Care Of
- % DANIEL MARTIN
- Phone
- 3102007418
- Address
- 2041 ROSECRANS AVENUE STE 200, EL SEGUNDO, CA 90245
Signing Officer
- Name
- Daniel Martin
- Title
- President
- Phone
- 3102007418
- Signed
- 2025-04-29
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Choice Tax Solutions Pllc
- Address
- 30640 PACIFIC HWY S STE B, Federal Way, WA 98003
- Preparer
- James Choi CPA
- Phone
- 2534093998
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountCHARITABLE CONTRIBUTION 1,000BANK FEES 59MEETINGS/CONFERENCES 4,100INSURANCE 1,532LICENSES AND FEES 100”
Part III response or note to any other line in Part III
“Form 990-ez, part iii primary exempt purpose: the organization is dedicated to advancing economic opportunity for employers and prosperity for the residents of el segundo, ca. Form 990-ez, part iii, line 28, program service accomplishments: the organization is dedicated to advancing economic opportunity for employers and prosperity for the residents of el segundo, ca and to establish more meaningful relationships with executives for all companies to understand their corporate situation, needs and potential issues in staying within el segundo.”
Part V response or note to any other line in Part V
“The organization, did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit contract. The organization, did not, during the year, pay any premiums, directly, or indirectly, on a personal benefit contract.”
Raw XML Appendix140 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3102007418 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2041 ROSECRANS AVENUE 200 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | EL SEGUNDO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90245 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 172282 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 190732 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 18450 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 37259 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 172282 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 190732 |
| IRS990EZ/GrossReceiptsAmt | 0 | 62500 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 62500 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 172282 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 190732 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 172282 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 190732 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | DANIEL MARTIN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | CHARLES SIMS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | AL KEAHI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | ERIC CHAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | VICE PRESIDENT TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | CHAIRMAN EMERITUS |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 6791 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SEE SCHEDULE O |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 6791 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 44050 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 6791 |
| IRS990EZ/TotalRevenueAmt | 0 | 62500 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ELSEGUNDOEDC.ORG |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 62500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 130836 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 135000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 162500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 110000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 600836 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 600836 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 62500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 130836 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 135000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 162500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 110000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 600836 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 600836 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountCHARITABLE CONTRIBUTION 1,000BANK FEES 59MEETINGS/CONFERENCES 4,100INSURANCE 1,532LICENSES AND FEES 100 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FORM 990-EZ, PART III PRIMARY EXEMPT PURPOSE: THE ORGANIZATION IS DEDICATED TO ADVANCING ECONOMIC OPPORTUNITY FOR EMPLOYERS AND PROSPERITY FOR THE RESIDENTS OF EL SEGUNDO, CA. FORM 990-EZ, PART III, LINE 28, PROGRAM SERVICE ACCOMPLISHMENTS: THE ORGANIZATION IS DEDICATED TO ADVANCING ECONOMIC OPPORTUNITY FOR EMPLOYERS AND PROSPERITY FOR THE RESIDENTS OF EL SEGUNDO, CA AND TO ESTABLISH MORE MEANINGFUL RELATIONSHIPS WITH EXECUTIVES FOR ALL COMPANIES TO UNDERSTAND THEIR CORPORATE SITUATION, NEEDS AND POTENTIAL ISSUES IN STAYING WITHIN EL SEGUNDO. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE ORGANIZATION, DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part III response or note to any other line in Part III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part V response or note to any other line in Part V |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DANIEL MARTIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3102007418 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-04-29 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | EL SEGUNDO ECONOMIC DEVELOPMENT CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ELSE |
| ReturnHeader/Filer/EIN | 0 | 854301591 |
| ReturnHeader/Filer/InCareOfNm | 0 | % DANIEL MARTIN |
| ReturnHeader/Filer/PhoneNum | 0 | 3102007418 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2041 ROSECRANS AVENUE STE 200 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EL SEGUNDO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90245 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CHOICE TAX SOLUTIONS PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 30640 PACIFIC HWY S STE B |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Federal Way |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | WA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 98003 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2534093998 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAMES CHOI CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-14T19:11:22-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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