LIBRARY FOUNDATION OF LOS ANGELES: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LIBRARY FOUNDATION OF LOS ANGELES (EIN 95-4368250)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-14
- IRS object ID
- 202441359349308249
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-14T16:51:24-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 953001179 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES INC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POBOX 87 | AddressLine1Txt |
| City | LONG BEACH | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 908010087 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954368250 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LIBRARY FOUNDATION OF LOS ANGELES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIBR | BusinessNameControlTxt |
| Phone | 2132287500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STACY LIEBERMAN | PersonNm |
| Person Title | PRESIDENT AND CEO | PersonTitleTxt |
| Phone | 2132287500 | PhoneNum |
| Signature | 2024-05-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | STACY | PersonFirstNm |
| Person Last | LIEBERMAN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AARON PHILLIPS | PreparerPersonNm |
| PTIN | P01654760 | PTIN |
| Phone | 5624351191 | PhoneNum |
| Preparation | 2024-05-13 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | STACY LIEBERMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,365,167 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LFLA.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1992 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT THE LOS ANGELES PUBLIC LIBRARY. | ActivityOrMissionDesc |
| Voting Members Governing Body | 44 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 44 | VotingMembersIndependentCnt |
| Total Employee | 50 | TotalEmployeeCnt |
| Total Volunteers | 51 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,303,320 | PYContributionsGrantsAmt |
| CY Contributions Grants | $7,658,505 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,557,903 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,119,507 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$226,985 | PYOtherRevenueAmt |
| CY Other Revenue | -$269,201 | CYOtherRevenueAmt |
| PY Total Revenue | $7,634,238 | PYTotalRevenueAmt |
| CY Total Revenue | $8,508,811 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,368,015 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,311,833 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,759,121 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,476,399 | PYOtherExpensesAmt |
| CY Other Expenses | $5,284,815 | CYOtherExpensesAmt |
| PY Total Expenses | $7,844,414 | PYTotalExpensesAmt |
| CY Total Expenses | $8,596,648 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$210,176 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$87,837 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $59,949,612 | TotalAssetsBOYAmt |
| Total Assets EOY | $62,273,934 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $296,991 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $430,885 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $59,652,621 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $61,843,049 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE FOUNDATION SUPPORTS AND ENRICHES THE CAPABILITIES, RESOURCES, AND SERVICES OF THE LOS ANGELES PUBLIC LIBRARY THROUGH FUNDRAISING, ADVOCACY, AND INNOVATIVE PROGRAMS THAT BENEFIT THE DIVERSE COMMUNITY AND PROMOTE GREATER AWARENESS OF THE LIBRARY'S VALUABLE RESOURCES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,581,277 | ExpenseAmt |
| Desc | INVESTING IN LIFELONG LEARNING:THE FOUNDATION IS COMMITTED TO BREAKING CYCLES OF LOW LITERACY IN ITS MULTITUDE OF FORMS. THE ADULT LITERACY INITIATIVE OFFERS ONE-ON-ONE TUTORING TO ADULTS READING BELOW THE SIXTH-GRADE EQUIVALENCY. THE INITIATIVE ALSO PROVIDES COACHING TO HELP ADULTS WHO STRUGGLE WITH LITERACY SUPPORT THEIR CHILDREN'S EARLY LITERACY DEVELOPMENT. ADDITIONAL ADULT LITERACY COMPONENTS INCLUDE DROP-IN TUTORING, TOPICAL SEMINARS AND CLASSES, AND ENGLISH-AS-ANOTHER-LANGUAGE SERVICES TO HELP ADULTS INCREASE ENGLISH-LANGUAGE FLUENCY OR BECOME LITERATE IN THEIR NATIVE LANGUAGE. CAREER ONLINE HIGH SCHOOL GIVES ADULTS ANOTHER CHANCE TO EARN AN ACCREDITED HIGH-SCHOOL DIPLOMA. CYBERNAUTS AT 37 LIBRARIES AND ALSO THROUGH REMOTE SERVICE, PROMOTES DIGITAL LITERACY TO HELP PATRONS USE COMPUTERS TO FIND INFORMATION AND COMPLETE TASKS. THE FOUNDATION SUPPORTS LAPL'S EFFORTS TO ADDRESS DIGITAL EQUITY CITYWIDE BY CIRCULATING HIGH-SPEED MOBILE HOTSPOTS AND LAPTOPS AT NO COST TO THOSE WHO NEED DIGITAL ACCESS. ALSO, LAPL'S FULL STEAM AHEAD INITIATIVE PROMOTES SCIENCE LITERACY BY OFFERING CHILDREN, ADULTS, AND FAMILIES WITH ACTIVITIES TO INSPIRE THEIR CREATIVITY, EXPLORE NEIGHBORHOOD SCIENCE, AND PROBLEM SOLVE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,258,795 | ExpenseAmt |
| Desc | ENGAGING THE IMAGINATION:THROUGH ITS ACCLAIMED ALOUD CULTURAL PROGRAMMING SERIES, LFLA BRINGS RENOWNED AND EMERGING LITERARY ARTISTS, FILMMAKERS, SCIENTISTS, MUSICIANS, POLICYMAKERS, AND OTHER LUMINOUS MINDS IN DIRECT CONVERSATION WITH LIBRARY PATRONS. THE FOUNDATION SUPPORTS LAPL'S L.A. MADE SERIES THAT DELIVERS HUMANITIES PROGRAMMING, PERFORMANCES, AND ACTIVITIES TO THE CITY'S DIVERSE COMMUNITIES. THE FOUNDATION AND LAPL'S EXHIBITIONS HIGHLIGHT LAPL'S HISTORIC COLLECTIONS, THE DIVERSE STORIES AND PEOPLE OF L.A., AND CONTEMPORARY ISSUES THAT RESONATE WITH OUR LIVES. FROM MAY TO NOVEMBER 2022, THE FOUNDATION PRESENTED AN EXHIBITION AT THE LA CENTRAL LIBRARY ENTITLED, "SOMETHING IN COMMON". THROUGH AN ECLECTIC AND WIDE RANGE OF STORIES ABOUT LOCAL CLUBS AND COMMUNITY GROUPS, THIS EXHIBITION EXAMINED THE THINGS THAT BRING PEOPLE TOGETHER AND CELEBRATED THE PUBLIC LIBRARY'S ROLE AS A SAFE SPACE OF CONNECTION FOR ALL. IN 2022-2023, THE FOUNDATION AND LAPL LAUNCHED CREATORS IN RESIDENCE. THE FELLOWSHIP PROGRAM ENGAGED TWO CREATIVE PRACTITIONERS, KWASI BOYD-BOULDING (A PHOTOGRAPHER), AND RIVER GARZA (A MIXED-MEDIA VISUAL ARTIST), WHO PRODUCED UNIQUE NEW WORK INFORMED BY LAPL'S COLLECTION AND SERVICES. THE NEXT COHORT OF THE CITY OF L. A.'S RESIDENTS BEGAN THEIR PROJECTS IN NOVEMBER 2023. THE FOUNDATION ALSO SUPPORTS DIGITIZATION PROJECTS AT LAPL THAT ARCHIVE AND PRESERVE COLLECTIONS OF PHOTOS, EPHEMERA, MAPS, AND OTHER ITEMS SO THAT THEY CAN BE ACCESSED ONLINE BY RESEARCHERS, STUDENTS, AND ANY OTHER CURIOUS MINDS. FINALLY, THE FOUNDATION HELPS LAPL DEVELOP NEW SPACES TO HELP THE CITY OF L.A.'S RESIDENTS MAKE AND CREATE USING STATE-OF-THE-ART MODELING AND FABRICATION TOOLS AND AUDIO/VISUAL RECORDING EQUIPMENT IN AREAS LIKE THE OCTAVIA LAB AT THE DOWNTOWN CENTRAL LIBRARY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,023,829 | ExpenseAmt |
| Desc | HELPING STUDENTS SUCCEED:THE FOUNDATION HELPS LAPL PRESENT A RANGE OF PUBLIC SERVICES AND PROGRAMS TO SUPPORT EARLY LITERACY AND SOCIAL DEVELOPMENT FOR CHILDREN AGES 0-5, ACADEMIC SUPPORT FOR CHILDREN AND TEENS, CIVIC LEARNING AND EXPERIENCES FOR TEENS, AND COLLEGE PREPARATORY RESOURCES FOR YOUTH AND THEIR FAMILIES. LAPL'S WE READ TOGETHER INITIATIVE PROVIDES INFORMATION, RESOURCES, AND ACTIVITIES FOR PARENTS AND CAREGIVERS TO LEARN AND PRACTICE EARLY LITERACY TECHNIQUES WITH CHILDREN AGES 0-5. WITH THE FOUNDATION'S SUPPORT, LAPL OFFERS DAILY STORY TIMES WHERE LIBRARIANS MODEL HOW TO READ ALOUD, WORKSHOPS THAT HELP PARENTS INTEGRATE EARLY LITERACY INTO THEIR CHILDREN'S DAILY LIVES, AND AN OUTREACH SERVICE CALLED READ BABY READ THAT DELIVERS CRITICAL INFORMATION AND RESOURCES TO NEW AND EXPECTANT PARENTS ON THE IMPORTANCE OF LITERACY FROM BIRTH. THE FOUNDATION SUPPORTS SCHOOL-AGE YOUTH IN MULTIPLE WAYS, INCLUDING HELPING LAPL DELIVER EXPERT ONLINE PRIVATE TUTORING TO ALL K-12 YOUTH WITH A LIBRARY CARD BETWEEN 11 AM AND 11 PM, DAILY, STUDENT ZONES THAT PROVIDE DEDICATED AND DIRECT ACCESS TO COMPUTERS AND IN-PERSON HOMEWORK AT 38 LOCAL LIBRARIES IN LOW-INCOME COMMUNITIES, AND COLLEGE-PREP SERVICES TO HELP YOUTH AND FAMILIES PREPARE FOR COLLEGE. THE TEENS LEADING CHANGE PROGRAM PROVIDES LFLA-FUNDED MINI-GRANTS TO GROUPS OF YOUTH AND LIBRARIANS TO RESEARCH AND PILOT STRATEGIES TO ADDRESS SOCIAL ISSUES IN THEIR COMMUNITIES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,863,901 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 206 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 50 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 44 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 44 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STACY LIEBERMAN PRESIDENT AND CEO | PersonNm |
| Phone | 2132926255 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90071 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| DEBRA ALBIN-RILEY | ||||||||
| CHAIR | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KAREN STEVENSON | ||||||||
| VICE-CHAIR | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAVID ROSENBLUM | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KIM SONNENBLICK | ||||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROBERT ALVARADO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BETSY APPLEBAUM | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEBI BISHTON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JENNIFER CHU | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BICH NGOC CAO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CARLA CHRISTOFFERSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS CRAHAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY DEBRIER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SUNITA DESHMUKH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDY DUNLEAVY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHRYN EIDMANN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| AMANDA FAIREY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GINNIFER GOODWIN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SAMANTHA HANKS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DEAN HANSELL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS HECK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL TM JONES | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PATRICIA KAO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL KEEGAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HELEN KIM | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NANCY KOVEN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SANDRA KULLI | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SARAH KATE LEVY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| COURTNEY LILLY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SHAUN MALAVIA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN MCKEON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GWEN MILLER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BERNARD PARKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN E PEER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN PHILIP | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CELIA RAMOS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ELIZABETH RAPOSO | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE ROBERTS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LISA RICHARDSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA ROSENWALD | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ALLISON SAMEK | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LAURA SEIGLE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL SPEAKER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BETSY WANNER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHANIE YONEKURA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STACY LIEBERMAN | ||||||||
| PRESIDENT AND CEO | 60.00 | Yes (X) | $173,718 | $0 | $4,181 | |||
| MELANIE BURZYNSKI | ||||||||
| SVP ADVANCEMENT | 60.00 | Yes (X) | $281,940 | $0 | $22,222 | |||
| SHAWN RUBIN | ||||||||
| CHIEF FINANCIAL & OPERATING OFFICER | 60.00 | Yes (X) | $192,145 | $0 | $18,307 | |||
| JESSICA STRAND | ||||||||
| DIRECTOR OF PUBLIC PROGRAMS | 60.00 | $132,669 | $0 | $18,337 | Yes (X) | |||
| JULIE TUGEND | ||||||||
| INTERIM CEO (THRU 06/2022) | 60.00 | $202,965 | $0 | $7,729 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $983,437 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $70,776 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 6 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MANAGED CAREER SOLUTIONS INC | |||||
| 3333 WILSHIRE BLVD 405 | LOS ANGELES | CA | 90010 | STAFFING FOR PROGRAM SERVICES | $612,932 |
| TUTORCOM INC | |||||
| PO BOX 70403 | PHILADELPHIA | PA | 19176 | ONLINE TUTORING SUBSCRIPTION AND SERVICE | $363,000 |
| IPROMOTEUCOM INC | |||||
| DEPT LA 23232 | PASADENA | CA | 91185 | PROMOTIONAL ITEMS FOR PUBLIC DISTRIBUTIO | $297,850 |
| POWERMYLEARNING INC | |||||
| 228 PARK AVE SOUTH PMB 16373 | NEW YORK | NY | 10003 | ONLINE HOMEWORK HELP SERVICES | $294,422 |
| BONHAMS & BUTTERFIELDS AUCTIONEERS | |||||
| 580 MADISON AVE | NEW YORK | NY | 10022 | AUCTIONEERS | $144,015 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Membership Dues | $635,603 | MembershipDuesAmt |
| Fundraising | $2,209,635 | FundraisingAmt |
| Government Grants | $237,673 | GovernmentGrantsAmt |
| All Other Contributions | $4,575,594 | AllOtherContributionsAmt |
| Noncash Contributions | $80,239 | NoncashContributionsAmt |
| Total Contributions | $7,658,505 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $801,158 | TotalRevenueColumnAmt |
| Exclusion | $801,158 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,293,393 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $2,975,044 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $318,349 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $318,349 | TotalRevenueColumnAmt |
| Exclusion | $318,349 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $249,530 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,209,635 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $270,025 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,495 | TotalRevenueColumnAmt |
| Exclusion | -$20,495 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $362,581 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $611,287 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$248,706 | TotalRevenueColumnAmt |
| Exclusion | -$248,706 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,508,811 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $850,306 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $872,507 | TotalAmt |
| Program Services | $155,266 | ProgramServicesAmt |
| Management And General | $372,442 | ManagementAndGeneralAmt |
| Fundraising | $344,799 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,924,824 | TotalAmt |
| Program Services | $689,198 | ProgramServicesAmt |
| Management And General | $622,399 | ManagementAndGeneralAmt |
| Fundraising | $613,227 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,660 | TotalAmt |
| Program Services | $30,767 | ProgramServicesAmt |
| Management And General | $17,949 | ManagementAndGeneralAmt |
| Fundraising | $17,944 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $222,446 | TotalAmt |
| Program Services | $88,982 | ProgramServicesAmt |
| Management And General | $65,341 | ManagementAndGeneralAmt |
| Fundraising | $68,123 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225,396 | TotalAmt |
| Program Services | $84,526 | ProgramServicesAmt |
| Management And General | $71,565 | ManagementAndGeneralAmt |
| Fundraising | $69,305 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,927 | TotalAmt |
| Management And General | $56,280 | ManagementAndGeneralAmt |
| Fundraising | $5,647 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,845 | TotalAmt |
| Management And General | $138,845 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $118,643 | TotalAmt |
| Program Services | $118,643 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,067,506 | TotalAmt |
| Program Services | $1,873,843 | ProgramServicesAmt |
| Management And General | $165,068 | ManagementAndGeneralAmt |
| Fundraising | $28,595 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,153 | TotalAmt |
| Program Services | $121,881 | ProgramServicesAmt |
| Management And General | $1,375 | ManagementAndGeneralAmt |
| Fundraising | $29,897 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $195,766 | TotalAmt |
| Program Services | $113,185 | ProgramServicesAmt |
| Management And General | $12,707 | ManagementAndGeneralAmt |
| Fundraising | $69,874 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,239 | TotalAmt |
| Program Services | $3,239 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,754 | TotalAmt |
| Program Services | $40,057 | ProgramServicesAmt |
| Management And General | $38,360 | ManagementAndGeneralAmt |
| Fundraising | $21,337 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $584 | TotalAmt |
| Management And General | $584 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,942 | TotalAmt |
| Program Services | $357 | ProgramServicesAmt |
| Management And General | $27,585 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| EVENTS | $624,118 | $210,416 | $4,997 | $408,705 |
| PROGRAM MATERIALS | $519,418 | $511,008 | $8,410 | |
| DUES AND SUBSCRIPTION | $494,830 | $467,524 | $20,705 | $6,601 |
| OTHER | $278,549 | $8,017 | $268,834 | $1,698 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $500,541 | TotalAmt |
| Program Services | $346,992 | ProgramServicesAmt |
| Management And General | $88,590 | ManagementAndGeneralAmt |
| Fundraising | $64,959 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,596,648 | TotalAmt |
| Program Services | $4,863,901 | ProgramServicesAmt |
| Management And General | $1,973,626 | ManagementAndGeneralAmt |
| Fundraising | $1,759,121 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,261,393 | BOYAmt |
| EOY | $5,415,653 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,054 | BOYAmt |
| EOY | $65,418 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,376,036 | BOYAmt |
| EOY | $1,385,554 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,348 | BOYAmt |
| EOY | $131,817 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,870 | BOYAmt |
| EOY | $139,804 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $526,292 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $219,744 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,087 | BOYAmt |
| EOY | $306,548 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,076,040 | BOYAmt |
| EOY | $53,022,453 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,283,230 | BOYAmt |
| EOY | $1,365,133 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $441,554 | BOYAmt |
| EOY | $441,554 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,949,612 | BOYAmt |
| EOY | $62,273,934 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $266,991 | BOYAmt |
| EOY | $430,885 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $296,991 | BOYAmt |
| EOY | $430,885 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,301,085 | BOYAmt |
| EOY | $25,007,337 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,351,536 | BOYAmt |
| EOY | $36,835,712 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,652,621 | BOYAmt |
| EOY | $61,843,049 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,949,612 | BOYAmt |
| EOY | $62,273,934 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$87,837 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $2,278,265 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,902,126 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,759,235 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,070,447 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,303,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,658,505 | CurrentTaxYearAmt |
| Total | $33,693,633 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,902,126 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,759,235 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,070,447 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,303,320 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,658,505 | CurrentTaxYearAmt |
| Total | $33,693,633 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $5,225,871 | SubstantialContributorsTotAmt |
| Public Support Total170 | $28,467,762 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $427,853 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $227,586 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $505,092 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $569,503 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $801,158 | CurrentTaxYearAmt |
| Total | $2,531,192 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $91,650 | CurrentTaxYearMinus2YearsAmt |
| Total | $91,650 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,006 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | -$64,859 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | -$127,714 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | -$226,985 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$248,706 | CurrentTaxYearAmt |
| Total | -$665,258 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $35,651,217 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $195,797 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.79850 | PublicSupportCY170Pct |
| Public Support PY170 | 0.83540 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $50,785,536 | BeginningYearBalanceAmt |
| Contributions | $15,000 | ContributionsAmt |
| Investment Earnings Or Losses | $3,280,061 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $3,242,030 | OtherExpendituresAmt |
| End Year Balance | $50,838,567 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $51,814,517 | BeginningYearBalanceAmt |
| Contributions | $2,620,269 | ContributionsAmt |
| Investment Earnings Or Losses | -$1,654,608 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,994,642 | OtherExpendituresAmt |
| End Year Balance | $50,785,536 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,412,671 | BeginningYearBalanceAmt |
| Contributions | $1,040,881 | ContributionsAmt |
| Investment Earnings Or Losses | $11,383,723 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $2,022,758 | OtherExpendituresAmt |
| End Year Balance | $51,814,517 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $42,462,178 | BeginningYearBalanceAmt |
| Contributions | $815,876 | ContributionsAmt |
| Investment Earnings Or Losses | $17,182 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,882,565 | OtherExpendituresAmt |
| End Year Balance | $41,412,671 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $41,381,978 | BeginningYearBalanceAmt |
| Contributions | $70,000 | ContributionsAmt |
| Investment Earnings Or Losses | $2,416,680 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $1,406,480 | OtherExpendituresAmt |
| End Year Balance | $42,462,178 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.43000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.34000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.23000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $526,292 | OtherCostOrOtherBasisAmt |
| Depreciation | $219,744 | DepreciationAmt |
| Book Value | $306,548 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $306,548 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $11,303,720 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $2,278,265 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $24,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $611,287 | OtherRevenueAmt |
| Revenue Not Reported | $2,913,552 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,390,168 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $118,643 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $118,643 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $8,508,811 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,113,292 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $24,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $611,287 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $635,287 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,478,005 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $118,643 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $118,643 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,596,648 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT A VARIETY OF PURPOSES INCLUDING LITERACY, EDUCATION, AND HUMANITIES. |
| PART X, LINE 2: | FIN 48: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CORRESPONDING CALIFORNIA REVENUE AND TAXATION CODE SECTIONS. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT BENEFIT OF A TAX POSITION, SUCH AS ITS FILING STATUS AS TAX-EXEMPT, ONLY AFTER DETERMINING THAT THE RELEVANT TAX AUTHORITY WOULD MORE LIKELY THAN NOT SUSTAIN THE POSITION FOLLOWING AN AUDIT. THE FOUNDATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA PURPOSES IS FOUR YEARS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LIBRARY STORE EXPENSES 611,287. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LIBRARY STORE EXPENSES 611,287. |
| SCHEDULE D, PART V, LINE 1E | THE FOUNDATION HAS SET POLICIES FOR APPROPRIATING FOR EXPENDITURE EACH YEAR 4 TO 6% OF THE ENDOWMENT FUND'S AVERAGE FAIR VALUE OVER THE PRECEDING 12 QUARTERS, SUBJECT TO MAINTAINING CERTAIN MINIMUM FUND BALANCES. FOR THE YEAR ENDING JUNE 30, 2023 THE FOUNDATION'S BOARD APPROVED A 5% APPROPRIATION RATE FOR THE ENDOWMENTS. THE FOUNDATION'S BOARD APPROVED AN ADDITIONAL 5% SOLELY FOR THE BOARD DIRECTED ENDOWMENTS. THE $3,242,030 APPROPRIATED FROM THE ENDOWMENT SUPPORT AND FUND THE FOUNDATION'S PROGRAMS AND OPERATIONS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | LIT FEAST | Event1Nm |
| Gross Receipts Event1 | $1,487,509 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,454,140 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $33,369 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $2,685 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $1,401 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $29,283 | OtherDirectExpensesEvent1Amt |
| Event2 | LIT AWARDS | Event2Nm |
| Gross Receipts Event2 | $615,139 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $513,360 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $101,779 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $2,328 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $39,298 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $60,153 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $356,517 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $242,135 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $114,382 | GrossRevenueOtherEventsAmt |
| Rent Fclty Costs Other Events | $18,500 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $30,870 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $6,189 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $79,318 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $2,459,165 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,209,635 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $249,530 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $23,513 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $71,569 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $6,189 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $168,754 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $270,025 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$20,495 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MELANIE BURZYNSKI | ||||||||||||||
| SVP ADVANCEMENT | $269,940 | $0 | $12,000 | $0 | $0 | $0 | $11,278 | $0 | $10,944 | $0 | $304,162 | $0 | $0 | $0 |
| JULIE TUGEND | ||||||||||||||
| INTERIM CEO (THRU 06/2022) | $202,965 | $0 | $0 | $0 | $0 | $0 | $6,599 | $0 | $1,130 | $0 | $210,694 | $0 | $0 | $0 |
| SHAWN RUBIN | ||||||||||||||
| CHIEF FINANCIAL & OPERATING OFFICER | $174,345 | $0 | $17,800 | $0 | $0 | $0 | $7,436 | $0 | $10,871 | $0 | $210,452 | $0 | $0 | $0 |
| STACY LIEBERMAN | ||||||||||||||
| PRESIDENT AND CEO | $173,718 | $0 | $0 | $0 | $0 | $0 | $3,050 | $0 | $1,131 | $0 | $177,899 | $0 | $0 | $0 |
| JESSICA STRAND | ||||||||||||||
| DIRECTOR OF PUBLIC PROGRAMS | $130,669 | $0 | $2,000 | $0 | $0 | $0 | $4,108 | $0 | $14,229 | $0 | $151,006 | $0 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 8 | ContributionCnt |
| Noncash Contributions Rpt F990 | $80,239 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | THE AMOUNT IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | DESCRIBE THE PROCESS THE ORGANIZATION USES TO REVIEW FORM 990. THE FORM 990 IS PREPARED BY AN EXTERNAL ACCOUNTING FIRM UNDER THE GUIDANCE FROM THE CHIEF FINANCIAL AND OPERATING OFFICER (CFOO). IT WAS REVIEWED FOR ACCURACY AND COMPLETENESS BY THE CFOO AND BOARD MEMBERS, DELEGATE. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL THE BOARD MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | DESCRIBE HOW THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. THE CONFLICT OF INTEREST POLICY APPLIES TO: 1) VOTING MEMBERS OF THE BOARD OF DIRECTORS, 2) OFFICERS AS DEFINED IN THE FOUNDATION'S BYLAWS; OR 3) AN EMPLOYEE OF THE FOUNDATION WITH A SIGNIFICANT DECISION-MAKING ROLE IN THE AFFAIRS OR THE OPERATIONS OF THE FOUNDATION, ON AN ANNUAL BASIS. THE DIRECTORS, OFFICERS OR EMPLOYEES ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS THAT MAY LEAD TO CONFLICTS OF INTEREST AND MUST SIGN AND RETURN THE POLICY EVERY YEAR. THE LAST COMPREHENSIVE REVIEW AND UPDATE TO THIS POLICY WAS COMPLETED IN 2021. |
| FORM 990, PART VI, SECTION B, LINE 15 | DESCRIBE THE PROCESS USED TO DETERMINE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND EMPLOYEES. AN AD HOC COMMITTEE OF THE BOARD'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION FOR THE PRESIDENT AND CEO. THE COMMITTEE ENGAGES A COMPENSATION CONSULTANT WHO SURVEYS MANY OTHER COMPARABLE ORGANIZATIONS AS WELL AS CONSULTS INDEPENDENT FIRMS TO DETERMINE A FAIR COMPENSATION. THE AMOUNTS DETERMINED ARE THEN TAKEN TO THE 14 MEMBER EXECUTIVE COMMITTEE FOR APPROVAL. |
| FORM 990, PART VI, SECTION C, LINE 19 | DESCRIBE HOW THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS AS WELL AS THE FORM 990 AND THE IRS DETERMINATION LETTER ARE AVAILABLE VIA THE ORGANIZATION'S WEBSITE, WWW.LFLA.ORG, UNDER THE "ABOUT" SECTION, UNDER "FINANCIALS" SECTION OF THE WEBSITE AND CLICK ON "AUDITED FINANCIALS AND "IRS FORM 990 AND "IRS DETERMINATION LETTER". THOSE DOCUMENTS, AS WELL AS OTHER GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE MAIN OFFICE OF THE ORGANIZATION. |
| FORM 990, PART VIII, LINE 10B: | COST OF GOODS SOLD INCLUDES ALL COSTS OF OPERATING THE LIBRARY STORE. |
| FORM 990, PART IX: | AS PART OF ITS RECURRING STRATEGIC PLANNING PROCESS, THE FOUNDATION REVIEWS ITS PROGRAMS AND THE ALLOCATION OF EXPENSES TO THOSE PROGRAMS. THE COSTS OF PROVIDING VARIOUS PROGRAMS AND OTHER ACTIVITIES OF THE FOUNDATION HAVE BEEN SUMMARIZED ON A FUNCTIONAL BASIS IN THE STATEMENT OF ACTIVITIES. THEREFORE, CERTAIN COSTS HAVE BEEN ALLOCATED AMONG THE PROGRAMS AND SUPPORTING SERVICES BENEFITED BASED ON THE JUDGMENT OF MANAGEMENT. THE MAJORITY OF EXPENSES CAN GENERALLY BE DIRECTLY IDENTIFIED WITH THE PROGRAM OR SUPPORTING SERVICE TO WHICH THEY RELATE AND ARE CHARGED ACCORDINGLY. |
| PART VIII: | LIBRARY STORE: THE FOUNDATION HAS OPERATED A GIFT SHOP LOCATED IN THE HISTORIC CENTRAL LIBRARY (THE STORE) SINCE 1993; STORE SALES SUPPORT THE FOUNDATION. THE STORE WAS REMODELED IN 2016, AFTER 18 YEARS, TO REFRESH ITS APPEARANCE AND BRING IT INTO FULL ADA COMPLIANCE. HISTORICALLY, THE STORE IS PATRONIZED BY DOWNTOWN BUSINESSPEOPLE, TOURISTS, AND REGULAR LIBRARY VISITORS AND STAFF. FOOT TRAFFIC IN THE STORE CONTINUES TO BE IMPACTED BY REDUCED OFFICE OCCUPANCY LOCALLY IN THE POST-COVID CLIMATE. IN RESPONSE, THE STORE WORKS ACTIVELY TO MITIGATE THE DECLINE IN FOOT TRAFFIC BY BUILDING ITS CUSTOMER MARKETING LIST, GROWING ITS ONLINE PRESENCE, SENDING WEEKLY EMAILS, AND MAINTAINING A REGULAR PRESENCE ON SOCIAL MEDIA. A SIGN HAS BEEN ERECTED IN THE LOBBY OF THE LOS ANGELES CENTRAL LIBRARY TO DRAW ATTENTION TO THE STORE; ADDITIONAL SIGNAGE TO BE POSITIONED THROUGHOUT THE LIBRARY IS PLANNED FOR EARLY 2024. THE STORE HAS ENGAGED THE SERVICES OF A FIRM TO EVALUATE ITS ECOMMERCE PLATFORMS AND PROVIDE RECOMMENDATIONS FOR OPTIMIZING THE USER EXPERIENCE; A NUMBER OF THE RECOMMENDATIONS HAVE ALREADY BEEN IMPLEMENTED, WITH THE ULTIMATE GOAL OF GENERATING INCREASED ONLINE REVENUES. THE STORE WORKS WITH THE LIBRARY'S PR DEPARTMENT TO HEIGHTEN VISIBILITY AMONG LAPL CONSTITUENTS VIA THE LAPL WEBSITE AND SOCIAL MEDIA PLATFORMS. THE STORE WORKS WITH THE LIBRARY TO PROMOTE SHOPPING TO ALL OF THE CITY OF L.A.'S EMPLOYEES TWICE YEARLY. IN ADDITION TO IN STORE AND ONLINE SALES, THE STORE PROCURES AND SELLS BOOKS FOR THE FOUNDATION AND LAPL PROGRAMMING. THE STORE HAS EXPANDED THE PRODUCTION OF BRANDED CUSTOM MERCHANDISE AND CONTINUES TO OFFER MERCHANDISE RELATED TO LAPL, LOS ANGELES, AND READING AND WRITING. |
| FORM 990, PART IX, LINE 11G | OTHER MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 1,873,843. MANAGEMENT AND GENERAL EXPENSES 165,068. FUNDRAISING EXPENSES 28,595. TOTAL EXPENSES 2,067,506. |
| 990, PART IX, LINE 12: | MARKETING AND PROMOTIONAL COSTS OF $153,153 INCLUDE ADVERTISING AND COLLATERAL MATERIALS FOR PROGRAMS OFFERED TO THE PUBLIC SUCH AS SIGNAGE, POSTERS, FLYERS, BOOKMARKS, BROCHURES, BOOK BAGS, AND GAME BOARDS, DISTRIBUTED THROUGH SCHOOLS, COMMUNITY ORGANIZATIONS, AND BRANCH LIBRARIES. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHARITABLE REMAINDER UNITRUSTS (1) | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Domicile State | CA | LegalDomicileStateCd |
| Entity Type | T | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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