2023-09-27T02:45:49-00:00 2022-05-31 834701792 LEWIS SHARPSTONE & CO 5850 CANOGA AVE SUITE 400 WOODLAND HILLS CA 91367 990 2021-06-01 954715516 LOS ANGELES BREAKERS FC LOSA 3108712814 10474 SANTA MONICA BLVD APT 301 Los Angeles CA 90025 STEVEN CHUCK SECRETARY 3108712814 2023-09-27 true STEVEN CHUCK 999009999 LEWIS SHARPSTONE P02256953 8185701960 2023-09-27 X 2 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEVEN CHUCK 10474 SANTA MONICA BLVD STE 301 LOS ANGELES CA 90025 1996967 false X WWW.LABREAKERSFC.COM X 1998 CA THE ORGANIZATION IS A YOUTH SOCCER CLUB WHICH ACTS AS AN UMBRELLA AND ADMINISTRATIVE ORGANIZATION FOR YOUTH SOCCER TEAMS THAT PARTICIPATE IN THE CALIFORNIA YOUTH SOCCER ASSOCIATION. 11 11 1 80 0 52360 92795 1524447 1904172 0 0 1576807 1996967 0 0 114552 312990 0 0 1162193 1715852 1276745 2028842 300062 -31875 722518 4225962 149900 3555118 572618 670844 THE ORGANIZATION PROVIDES AN OPPORTUNITY FOR LOS ANGELES AREA YOUTH TO LEARN AND PLAY SOCCER. THE ORGANIZATION IS COMMITTED TO HELPING EVERYONE INVOLVED WITH THE CLUB TO DEVELOP AS PEOPLE AND PLAYERS BY TEACHING AND LIVING THE CLUB VALUES - FUN, COLLABORATION, EMBRACING INNOVATION, BEING DEVELOPMENTALLY FOCUSED AND HARNESSING A COMPETITIVE SPIRIT. false false 1676468 1904172 THE CLUBS PROGRAMS CATER TO YOUTH AT DIFFERENT SKILL LEVELS, FROM RECREATIONAL SPORTS TO AN ELITE, COMPETATIVE LEVEL FOCUSED ON DEVELOPING PLAYERS TO COMPETE AT A COLLEGIATE LEVEL AND BEYOND. ANNUALLY THE CLUB DELIVERS 1. AN OPPORTUNITY TO PLAY AS A MEMBER OF ONE OF 43 TEAMS SERVING OVER 650 PLAYERS AGES 7 - 18, 2. WEEKLY TRAINING AND GAMES FOR 8 TO 10 MONTHS A YEAR, 3. OPPORTUNITIES FOR IN-STATE AND OUT OF STATE TOURNAMENTS, COLLEGE SHOWCASES OR LEAGUE GAMES, 4. PROGRAMS, COACHING AND SUPPORT ACROSS KEY DEVELOPMENTAL AREAS SUCH AS MENTAL RESILIANCE PERFORMANCE, NUTRITION, INJURY PREVENTION AND SPORTS PERFORMANCE AND SEMINARS ON COLLEGE SELECTION AND PREPARATION, 5. FINANCIAL AID OR EXPENSE MITIGATION FOR UP TO 100 PLAYERS PER SEASON OR AT LEAST 15 OF THE PLAYER BASE, AND 6. OPPORTUNITIES TO VOLUNTEER AND PARTICIPATE IN PROGRAMS THAT ARE GEARED TO PROVIDING AID AND ASSISTANCE TO THOSE IN NEED AND AT RISK WITHIN LOS ANGELES. 1676468 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 36 0 1 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true false false false false false false CA X X STEVEN CHUCK 3108712814 10474 SANTA MONICA BLVD STE 301 LOS ANGELES CA 90025 X MICHAEL PAGE DIRECTOR/COACH SEE SCHEDULE O 040.00 X 137000 0 38155 RICHARD SIMMS COACH/DIRECTOR SEE SCHEDULE O 040.00 X 85840 0 0 STEVEN CHUCK SECRETARY 005.00 X X 0 0 0 STEVEN SHPILSKY CHAIRMAN 004.00 X X 0 0 0 PAUL KROMWYK TREASURER 005.00 X X 0 0 0 RAMEZ TOUBASSEY DIRECTOR 005.00 X 0 0 0 LOUIS KIM DIRECTOR 003.00 X 0 0 0 KEN FIRTEL DIRECTOR 002.00 X 0 0 0 CARRIE HABER DIRECTOR 004.00 X 0 0 0 JENNIFER LEVI DIRECTOR 003.00 X 0 0 0 ANDREW GROSSMAN DIRECTOR 003.00 X 0 0 0 ELANA GIMBEL DIRECTOR 005.00 X 0 0 0 BEGONA AMAYA DIRECTOR 002.00 X 0 0 0 222840 38155 1 false true false 92795 92795 REGISTRATION DUES 900099 1904172 1904172 1904172 1996967 1904172 X 0 0 0 0 258245 108463 149782 0 40548 40548 0 0 14197 5253 8944 0 25770 25770 23975 23975 0 0 1370836 1349741 21095 138 138 10990 10990 0 0 137487 137487 8763 8763 0 0 0 0 0 60321 54289 6032 TOURNAMENT AND LEAGUE FEES 12472 12472 BANK CHARGES AND FEES 65100 65100 0 2028842 1676468 352374 0 722518 2617011 1608951 2028 2028 722518 4225962 43093 1512125 149900 1999900 149900 3555118 X 572618 670844 572618 670844 722518 4225962 X -31875 130101 X X false false false X 0 0.00000 52360 92795 145155 769083 1858573 1652729 1524447 1904172 7709004 769083 1858573 1652729 1576807 1996967 7854159 20000 20000 20000 20000 7834159 219 79 298 0 219 79 298 0 15329 22517 60597 98443 784631 1881169 1713326 1576807 1996967 7952900 0.98510 0.98200 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2028 2028 Financial derivatives and other financial products Closely-held equity interests Federal income taxes X X X false false false false false false MICHAEL PAGE DIRECTOR/COACH SEE SCHEDULE O 137000 38155 175155 Form 990, Part VI, Section B, Line 11B THE FORM 990 IS REVIEWED BY THE TREASURER, THEN PROVIDED TO THE BOARD PRIOR TO FILING. Form 990, Part VI, Section B, Line 15A THE SALARY FOR THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL, THE DIRECTOR/COACH, IS DISCUSSED AND APPROVED FIRST BY THE OTHER OFFICERS OF THE ORGANIZATION, THEN BY THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND ITS FORM 990 AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. Form 990, Part IX, Line 11G OTHER FEES COMPRISE OF FEES PAID TO THE APPROXIMATELY 40 TEAM COACHES AND LEAGUE LEADERS AND OTHER TEAM EXPENSES. Form 990, Part XI, Line 9 THIS RELATES TO THE CASH TO ACCRUAL ADJUSTMENT THAT WAS MADE AS OF 6/1/21 TO REFLECT THE CHANGE IN METHOD OF ACCOUNTING FROM CASH TO ACCRUAL. ACCOUNTS RECEIVABLE AT 6/1/21 WERE 1,466,679 AND DEFERRED REVENUE WAS 1,336,578. ACCORDINGLY THE ADJUSTMENT TO OPENING NET ASSETS WAS 130,101. Form 990, Part XII, Line 1 DURING THE YEAR ENDED 5/31/22 THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING FROM CASH TO ACCRUAL. THE ORGANIZATION DESIRES TO BETTER PRESENT ITS FINANCIAL STATEMENTS TO STAKEHOLDERS IN ITS FORM 990. SPECIFICALLY, THE ORGANIZATION HAS SUBSTANTIAL RECEIVABLES AND DEFERRED REVENUE AS OF ITS YEAR END THAT WAS NOT BEING REFLECTED ON ITS BALANCE SHEET UNDER THE CASH METHOD OF ACCOUNTING. THIS CHANGE WAS ALSO MOTIVATED BY THE FACT THAT THE ORGANIZATION EXPECTS IN THE NEAR FUTURE TO UNDERGO ITS FIRST FINANCIAL STATEMENT AUDIT, WHICH WILL BE PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. Form 990, Part VII, Section A, Line 1 RICHARD SIMMS WAS COMPENSATED AS THE DIRECTOR OF GIRLS COACHING THROUGH DECEMBER 31, 2021. IN JANUARY 2022 MR. SIMMS BECAME THE DIRECTOR OF THE CLUB. MIKE PAGE SERVED AS DIRECTOR OF THE CLUB THROUGH DECEMBER 2021.