2021-07-15T14:23:06-05:00 2020-08-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2019-09-01 956069970 CFA SOCIETY OF LOS ANGELES INC CFAS 2136131503 13400 RIVERSIDE DRIVE NO 215 SHERMAN OAKS CA 91423 ALFREDO GOMEZ TREASURER 2136131503 2021-07-15 1 IRA L NEVELOW P00083210 9724901970 2019 2022-09-23 18:48:47Z X LAURA CARNEY 13400 RIVERSIDE DRIVE NO 215 SHERMAN OAKS CA 91423 984981 0 X WWW.CFALA.ORG X 1931 CA CFA SOCIETY LOS ANGELES PROMOTES INTEGRITY, PROFESSIONAL EXCELLENCE AND ENGAGEMENT AMONG ITS MEMBERS AND WITHIN THE COMMUNITY. 11 11 3 200 0 0 0 0 1330765 942463 39835 30931 19892 9825 1390492 983219 0 0 0 0 307873 354325 0 0 0 985032 600129 1292905 954454 97587 28765 1997762 2128381 417412 415210 1580350 1713171 CFA SOCIETY LOS ANGELES PROMOTES INTEGRITY, PROFESSIONAL EXCELLENCE AND ENGAGEMENT AMONG ITS MEMBERS AND WITHIN THE COMMUNITY. 0 0 TOPICALS - HOSTED AND UNHOSTED TOPICAL DISCUSSIONS ARE HELD FREQUENTLY TO FOSTER ETHICAL STANDARDS AND TO EDUCATE AND DEVELOP THE PROFESSIONAL SKILLS OF SOCIETY MEMBERS CFA REVIEW PROGRAM - SEMINARS ARE HELD ANNUALLY FOR THE PRIMARY PURPOSE OF PREPARING PROSPECTIVE CHARTERED FINANCIAL ANALYSTS FOR THE CFA EXAMINATION GIVEN BY THE CFA INSTITUTE 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 3 1 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X LAURA CARNEY 2136131503 13400 RIVERSIDE DRIVE SUITE 215 SHERMAN OAKS CA 91423 CHEN SONG PHD CFA BOARD MEMBER 1.00 X 1260 0 0 ERIC SOUDERS CFA BOARD MEMBER 1.00 X 4106 0 0 ALFREDO GOMEZ CFA CAIA SECRETARY 1.00 X X 0 0 0 ANDY CHONG CFA BOARD MEMBER 1.00 X 0 0 0 MICHAEL TULLY CFA BOARD MEMBER 1.00 X 0 0 0 PETER STUTZ CFA BOARD MEMBER 1.00 X 1680 0 0 MIKE TREIDL CFA BOARD MEMBER 1.00 X 0 0 0 THOMAS N MAHONEY CFA CAIA PRESIDENT 1.50 X X 0 0 0 AKIKO HAYATA CFA PAST PRESIDENT 1.50 X X 0 0 0 ALICIA ROMO CFA VICE PRESIDENT 1.50 X X 0 0 0 JAMES LEWIS CFA TREASURER 1.50 X X 0 0 0 LAURA CARNEY EXECUTIVE DIRECTOR 50.00 X 147654 0 7265 154700 0 7265 1 0 1 0 UNITED TALENT AGENCY 437 FIFTH AVENUE NEW YORK NY 10016 SPEAKER FEES 151000 1 MEMBERSHIP DUES 900099 391242 391242 CFA REVIEW PROGRAM INC 611430 197649 197649 CFALA INSTITUTE REIMBU 611430 175225 175225 ANNUAL EVENTS 611430 84088 84088 CFALA PROGRAMMING 561000 49150 49150 45109 45109 942463 32693 32693 9825 0 9825 9825 9825 1762 -1762 -1762 -1762 983219 942463 0 40756 X 159846 194479 432 37315 13342 49394 90384 4586 14369 ANNUAL EVENTS 103562 PROGRAMMING 84492 EDUCATION 65901 COMMITTEES 39053 97299 954454 686982 673722 21952 22179 1950 1950 11481 27795 38904 23988 19774 14916 1255623 1387819 1997762 2128381 116503 112412 300909 302798 417412 415210 X 1580350 1713171 1580350 1713171 1997762 2128381 28765 104056 0 X 0 1 X 1 0 0 1 0 21904 19171 2733 17000 4817 12183 14916 X 1087275 104056 104056 983219 0 983219 954454 0 954454 0 954454 PART X, LINE 2: THE SOCIETY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE SOCIETY IS ALSO EXEMPT FROM CALIFORNIA STATE INCOME TAXES. THE SOCIETY FOLLOWS THE GUIDANCE OF THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION RELATED TO UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED ITS TAX POSITIONS AND CONCLUDED THAT THE SOCIETY HAD NOT TAKEN ANY UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS AT AUGUST 31, 2020. THE SOCIETY RECOGNIZES INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN THE STATEMENT OF ACTIVITIES AS INTEREST EXPENSE AND GENERAL AND ADMINISTRATIVE EXPENSE, RESPECTIVELY. NO PENALTIES OR INTEREST WERE RECORDED DURING YEAR ENDED AUGUST 31, 2020. X X X X 0 0 0 LAURA CARNEY EXECUTIVE DIRECTOR 147654 0 0 0 0 0 7265 0 0 0 154919 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A OFFICERS ARE SELECTED BY SOCIETY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B REMOVAL OF A DIRECTOR WITHOUT CAUSE SHALL BE APPROVED BY A MAJORITY OF THE REGULAR MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE, FINANCE COMMITTEE, CEO AND TREASURER REVIEW THE FORM 990 AND REPORT TO THE BOARD OF GOVERNORS. DIGITAL AND HARD COPIES OF THE 990 ARE KEPT. BOARD MEMBERS CAN REQUEST TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH SEPTEMBER THE NEW BOARD REVIEWS THE CONFLICT OF INTEREST POLICY AND COMPLETES A CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 THE HR COMMITTEE REVIEWS STAFF COMPENSATION AT OTHER SOCIETIES OF A SIMILAR SIZE, GIVES AN ORAL REVIEW TO THE ED EACH MARCH AND A WRITTEN REVIEW EACH SEPTEMBER. IT IS IN SEPTEMBER THAT THE CURRENT FISCAL YEAR COMPENSATION IS DETERMINED AND A BONUS BASED ON COMPLETION OF GOALS FROM THE PREVIOUS YEAR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY REQUEST FROM THE ORGANIZATION. FORM 990, PART IX, LINE 24E STUDY GUIDES & MOCK EXAMS 35,220. BOARD ACTIVITIES 30,414. BANK FEES AND FINANCE CHARGES 16,664. CAREER DEVELOPMENT 11,269. RECOGNITION 3,310. MISCELLANEOUS 422.