BETA

LAFAYETTE LIBRARY AND LEARNINGCENTER FOUNDATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LAFAYETTE LIBRARY AND LEARNINGCENTER FOUNDATION (EIN 26-0403799)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-09
IRS object ID
202201299349300325
Schema version
2020v4.2
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-09T17:04:19-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN941481988PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOWMAN & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110100 TRINITY PARKWAYSTE 310AddressLine1Txt
CitySTOCKTONCityNm
State AbbreviationCAStateAbbreviationCd
ZIP95219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260403799EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAFAYETTE LIBRARY AND LEARNING CENTERBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlLAFABusinessNameControlTxt
Phone9252836513PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13491 MT DIABLO BLVD NO 214AddressLine1Txt
CityLAFAYETTECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94549ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJULIO DOLORICOPersonNm
Person TitleTREASURERPersonTitleTxt
Phone9252836513PhoneNum
Signature2022-05-04SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJULIOPersonFirstNm
Person LastDOLORICOPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTARA EASTWOODPreparerPersonNm
PTINP00539129PTIN
Phone2094731040PhoneNum
Preparation2022-05-03PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJULIO DOLORICOPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13491 MT DIABLO BLVD NO 214AddressLine1Txt
CityLAFAYETTECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94549ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,325,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LLLCF.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2007FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionESTABLISH & SUPPORT THE OPERATIONS & PROGRAMS OF THE LAFAYETTE LIBRARY & LEARNING CENTER.ActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent13VotingMembersIndependentCnt
Total Employee5TotalEmployeeCnt
Total Volunteers25TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$632,610PYContributionsGrantsAmt
CY Contributions Grants$441,448CYContributionsGrantsAmt
PY Program Service Revenue$163,473PYProgramServiceRevenueAmt
CY Program Service Revenue$12,261CYProgramServiceRevenueAmt
PY Investment Income$736,991PYInvestmentIncomeAmt
CY Investment Income$1,619,591CYInvestmentIncomeAmt
PY Other Revenue-$17,033PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$1,516,041PYTotalRevenueAmt
CY Total Revenue$2,073,300CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$434,083PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$426,630CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$120,873CYTotalFundraisingExpenseAmt
PY Other Expenses$935,793PYOtherExpensesAmt
CY Other Expenses$1,143,535CYOtherExpensesAmt
PY Total Expenses$1,369,876PYTotalExpensesAmt
CY Total Expenses$1,570,165CYTotalExpensesAmt
PY Revenues Less Expenses$146,165PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$503,135CYRevenuesLessExpensesAmt
Total Assets BOY$23,525,858TotalAssetsBOYAmt
Total Assets EOY$28,882,741TotalAssetsEOYAmt
Total Liabilities BOY$675,838TotalLiabilitiesBOYAmt
Total Liabilities EOY$727,226TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$22,850,020NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$28,155,515NetAssetsOrFundBalancesEOYAmt
MissionIN COLLABORATION WITH COMMUNITY PARTNERS, OUR MISSION IS TO SUSTAIN THE LAFAYETTE LIBRARY AND LEARNING CENTER, HOME OF THE GLENN SEABORG LEARNING CONSORTIUM, AS A COMMUNITY PLACE AND REGIONAL RESOURCE THAT OFFERS ENRICHED EXPERIENCES FOR ALL AGES.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$42,672ExpenseAmt
DescTHE LAFAYETTE LIBRARY AND LEARNING CENTER FOUNDATION (LLLCF OR THE FOUNDATION) WAS CREATED IN 2007 TO ESTABLISH AND SUPPORT THE CONSTRUCTION, OPERATIONS, PROGRAMS, FUNDING AND OTHER BUSINESS OF THE LAFAYETTE LIBRARY AND LEARNING CENTER (LLLC).THE FOUNDATION ENHANCES LLLC EXCELLENCE BY PROVIDING FINANCIAL SUPPORT, OFFERING ENRICHING PROGRAMMING, DEEPENING PUBLIC COMMITMENT TO LLLC AND INCREASING LLLC'S VISIBILITY IN AND POSITIVE IMPACT ON THE COMMUNITY. THE FOUNDATION IS RESPONSIBLE FOR FUNDING OVER 50% OF THE ANNUALIZED OPERATING COSTS FOR THE LIBRARY. THIS INCLUDES EXPANDING LIBRARY HOURS, FUNDING PROGRAMS, PROVIDING ADDITIONAL COLLECTION MATERIALS, AND PAYING FOR MAINTENANCE AND OPERATIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,185,449ExpenseAmt
Revenue$12,261RevenueAmt
DescTHE FOUNDATION WILL ADVANCE AND SUSTAIN LLLC AS A PREMIER INSTITUTION THROUGH EXCEPTIONAL PROGRAMMING WHICH INCLUDES: GLENN SEABORG LEARNING CONSORTIUM; DISTINGUISHED SPEAKERS SERIES; SCIENCE CAFE; AUTHORS AND ATHLETES; CHILDREN'S BOOK FESTIVAL; DOGTOWN; MAKERFEST; AND A HOST OF OTHER ART, MUSIC, LITERARY, SCIENCE, AND FAMILY PROGRAMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,228,121TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document21IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee5EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member13IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9252836513PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line13491 MT DIABLO BLVD NO 214AddressLine1Txt
CityLAFAYETTECityNm
State AbbreviationCAStateAbbreviationCd
ZIP94549ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CARRIE BARLOW
CO-PRESIDENT10.00Yes (X)Yes (X)$0$0$0
KAREN MULVANEY
CO-PRESIDENT10.00Yes (X)Yes (X)$0$0$0
LISA SPIEGLER
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
JULIO DOLORICO
TREASURER10.00Yes (X)Yes (X)$0$0$0
VICTORIA DEMOSS
SECRETARY10.00Yes (X)Yes (X)$0$0$0
KAREN EVANS
TRUSTEE2.00Yes (X)$0$0$0
DANIELLE GALLAGHER
TRUSTEE2.00Yes (X)$0$0$0
RITA IORFIDA
TRUSTEE2.00Yes (X)$0$0$0
ADAM LYON
TRUSTEE2.00Yes (X)$0$0$0
REGAN SCOVIC
TRUSTEE2.00Yes (X)$0$0$0
MAYA ENISTA SMITH
TRUSTEE2.00Yes (X)$0$0$0
DON TATZIN
TRUSTEE2.00Yes (X)$0$0$0
RICK WISE
TRUSTEE2.00Yes (X)$0$0$0
BETH NEEDEL
EXECUTIVE DIRECTOR40.00Yes (X)$146,792$0$0
DIANE DELSIGNORE
EXECUTIVE DIRECTOR-NEW LITERARY PROJECT40.00$120,000$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$266,792TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$1,506FundraisingAmt
All Other Contributions$439,942AllOtherContributionsAmt
Noncash Contributions$5,053NoncashContributionsAmt
Total Contributions$441,448TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
LIBRARY FACILITY RENT611600$10,986$10,986
PROGRAM REVENUES - SPEAKER SERIES611600$1,275$1,275
FieldValueIRS element (for citing)
Total Program Service Revenue$12,261TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$520,250TotalRevenueColumnAmt
Exclusion$520,250ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,351,041SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$9,251,700SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,099,341SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,099,341TotalRevenueColumnAmt
Exclusion$1,099,341ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,506ContriRptFundraisingEventAmt
Fundraising Direct Expenses$0FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,073,300TotalRevenueColumnAmt
Related Or Exempt Func Income$12,261RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,619,591ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$149,500TotalAmt
Program Services$67,275ProgramServicesAmt
Management And General$29,900ManagementAndGeneralAmt
Fundraising$52,325FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$245,588TotalAmt
Program Services$165,514ProgramServicesAmt
Management And General$29,118ManagementAndGeneralAmt
Fundraising$50,956FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,913TotalAmt
Program Services$549ProgramServicesAmt
Management And General$1,587ManagementAndGeneralAmt
Fundraising$2,777FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$26,629TotalAmt
Program Services$14,200ProgramServicesAmt
Management And General$4,520ManagementAndGeneralAmt
Fundraising$7,909FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$37,461TotalAmt
Management And General$37,461ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$88,315TotalAmt
Management And General$88,315ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,117TotalAmt
Fundraising$4,117FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$23,421TotalAmt
Management And General$20,938ManagementAndGeneralAmt
Fundraising$2,483FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,784TotalAmt
Management And General$4,784ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,759TotalAmt
Management And General$2,759ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
SUPPORT FOR LIBRARY OPS$631,265$631,265
OUTREACH EVENTS$306,952$306,646$306
SUPPORT FOR LIBRARY HOU$42,672$42,672

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,789TotalAmt
Management And General$1,789ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,570,165TotalAmt
Program Services$1,228,121ProgramServicesAmt
Management And General$221,171ManagementAndGeneralAmt
Fundraising$120,873FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$659,577BOYAmt
EOY$5,680EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$21,319BOYAmt
EOY$464,355EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$11,078EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,249BOYAmt
EOY$2,747EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$32,738LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$30,908LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,614BOYAmt
EOY$1,830EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$22,833,099BOYAmt
EOY$28,397,051EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$23,525,858BOYAmt
EOY$28,882,741EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$630,788BOYAmt
EOY$686,651EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$45,050BOYAmt
EOY$40,575EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$675,838BOYAmt
EOY$727,226EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$22,850,020BOYAmt
EOY$28,155,515EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,850,020BOYAmt
EOY$28,155,515EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,525,858BOYAmt
EOY$28,882,741EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$503,135ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$4,802,360NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$430,818CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$642,974CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$944,627CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$632,610CurrentTaxYearMinus1YearAmt
Current Tax Year$439,942CurrentTaxYearAmt
Total$3,090,971TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$430,818CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$642,974CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$944,627CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$632,610CurrentTaxYearMinus1YearAmt
Current Tax Year$439,942CurrentTaxYearAmt
Total$3,090,971TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$3,090,971PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$388,835CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$589,704CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$674,587CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$603,880CurrentTaxYearMinus1YearAmt
Current Tax Year$520,250CurrentTaxYearAmt
Total$2,777,256TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,280CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,500CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$24,900CurrentTaxYearMinus2YearsAmt
Total$39,680TotalAmt
FieldValueIRS element (for citing)
Total Support$5,907,907TotalSupportAmt
Public Support CY1700.52320PublicSupportCY170Pct
Public Support PY1700.48030PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$32,738OtherCostOrOtherBasisAmt
Depreciation$30,908DepreciationAmt
Book Value$1,830BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,830TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescINVESTMENT POOLDesc
Book Value$28,397,051BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$28,397,051TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescACCRUED SALARIES AND PAYROLL TAXESDesc
Amt$40,575Amt
FieldValueIRS element (for citing)
Total Liability$40,575TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,787,345TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$4,802,360NetUnrealizedGainsInvstAmt
Revenue Not Reported$4,802,360RevenueNotReportedAmt
Revenue Subtotal$1,984,985RevenueSubtotalAmt
Investment Expenses Not Incld$88,315InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$88,315RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,073,300TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,481,850TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,481,850ExpensesSubtotalAmt
Investment Expenses Not Incld2$88,315InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$88,315ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,570,165TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationLLLCF HAS BEEN GRANTED TAX-EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE UNDER IRC SECTION 501(C)(3) AND THE CALIFORNIA FRANCHISE TAX BOARD UNDER SECTION 23701(D). LLLCF HAS EVALUATED ITS CURRENT TAX POSITIONS AND CONCLUDED THAT AS OF JUNE 30, 2021, LLLCF DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS FOR WHICH AN ALLOWANCE WOULD BE NECESSARY.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BUPON COMPLETION OF THE FORM 990, THE EXECUTIVE DIRECTOR (ED) RECEIVES A DRAFT OF THE FORM 990. AFTER THE ED HAS HAD AN OPPORTUNITY TO REVIEW THE ENTIRE RETURN AND RESOLVE ANY ISSUES, THE RETURN IS APPROVED BY THE COMMITTEE AND A COPY OF THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE VOTING BODY PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CMEMBERS OF THE BOARD OF DIRECTORS REVIEW ALL POTENTIAL CONFLICTS OF INTEREST AT LEAST ANNUALLY. ALL PERSONNEL AND BOARD MEMBERS ARE REQUIRED TO DISCLOSE (IN WRITING) POTENTIAL CONFLICTS AND ANY RELATED PARTY AFFILIATIONS. LOANS BETWEEN THE ORGANIZATION AND MEMBERS OF MANAGEMENT AND THE BOARD ARE STRICTLY PROHIBITED. THE ORGANIZATION SEEKS FULL TRANSPARENCY ON ALL RELATIONSHIPS. ANY POTENTIAL CONFLICTS (IN FACT OR APPEARANCE) ARE DISCUSSED OPENLY AND RESOLVED IN ACCORDANCE WITH THE ORGANIZATION'S POLICIES AND PROCEDURES.
FORM 990, PART VI, SECTION B, LINE 15MEMBERS OF THE BOARD OF DIRECTORS REVIEW THE COMPENSATION OF ALL HIGH-LEVEL PERSONNEL PERIODICALLY. IN ACCORDANCE WITH IRS RULES AND REGULATIONS, EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES. EVERY EFFORT IS MADE TO ENSURE THAT THE PROCESS IS THOROUGH AND TRANSPARENT IN ACCORDANCE WITH IRS GUIDELINES AND THE ORGANIZATION'S POLICIES AND PROCEDURES. COMPENSATION OF OTHER HIGH-LEVEL PERSONNEL AND KEY EMPLOYEES IS REVIEWED PERIODICALLY BY MEMBERS OF MANAGEMENT. EFFORTS ARE MADE TO SECURE COMPENSATION DATA FROM INDUSTRY SOURCES IN ORDER TO DETERMINE COMPETITIVENESS AND APPROPRIATENESS OF SALARIES AND ALL RELATED BENEFITS. ALL DECISIONS ARE THEN DOCUMENTED IN PERSONNEL FILES. ALL DELIBERATIONS AND DECISIONS BY THE BOARD REGARDING THE DETERMINATION OF COMPENSATION FOR OFFICERS AND OTHER KEY EMPLOYEES ARE CONTEMPORANEOUSLY DOCUMENTED IN THE BOARD MINUTES AND IN THE ORIGINAL PLANNING DOCUMENTS FOR THE FOUNDATION.
FORM 990, PART VI, SECTION C, LINE 19ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND OTHER LEGAL FILINGS ARE MAINTAINED IN A SECURE ENVIRONMENT AND AVAILABLE FOR INSPECTION BY TAX AUTHORITIES AND THE GENERAL PUBLIC. TAX RETURNS ARE POSTED ANNUALLY TO WWW.GUIDESTAR.ORG, AVAILABLE FOR PHYSICAL INSPECTION AT THE ORGANIZATION'S OFFICE IN LAFAYETTE, CALIFORNIA, AND ARE ALSO POSTED ON THE ORGANIZATIONS WEBSITE (WWW.LLLCF.ORG).
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.