LIBRARY FOUNDATION OF LOS ANGELES: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LIBRARY FOUNDATION OF LOS ANGELES (EIN 95-4368250)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-06
- IRS object ID
- 201421279349300332
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-06T22:10:23-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953001179 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINDES INC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 87 | AddressLine1 |
| City | LONG BEACH | City |
| State | CA | State |
| ZIP Code | 908010087 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954368250 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LIBRARY FOUNDATION OF LOS ANGELES | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LIBR | NameControl |
| Phone | 2132287500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KEN BRECHER | Name |
| Title | PRESIDENT | Title |
| Phone | 2132287500 | Phone |
| Date Signed | 2014-05-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | DONITA M JOSEPH | Name |
| PTIN | P00286656 | PTIN |
| Phone | 5624351191 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | KEN BRECHER | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 15396086 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LFLA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | TO SUPPORT THE LOS ANGELES PUBLIC LIBRARY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 35 | NbrIndependentVotingMembers |
| Total Nbr Employees | 27 | TotalNbrEmployees |
| Total Nbr Volunteers | 17 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3809623 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 7276399 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 46701 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 761245 | InvestmentIncomePriorYear |
| Investment Income Current Year | 858327 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 12740 | OtherRevenuePriorYear |
| Other Revenue Current Year | -164775 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4583608 | TotalRevenuePriorYear |
| Total Revenue Current Year | 8016652 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 2583404 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 2703911 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 40056 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 788880 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2202633 | OtherExpensePriorYear |
| Other Expenses Current Year | 2288566 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 4826093 | TotalExpensesPriorYear |
| Total Expenses Current Year | 4992477 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -242485 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3024175 | RevenuesLessExpensesCY |
| Total Assets BOY | 30142889 | TotalAssetsBOY |
| Total Assets EOY | 35261266 | TotalAssetsEOY |
| Total Liabilities BOY | 695893 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 312350 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 29446996 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 34948916 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 952643 | Expense |
| Description | INVESTING IN NEW READERS - LITERACY IS THE FUNDAMENTAL BUILDING BLOCK TO SUCCESS IN LIFE. WE ARE COMMITTED TO BREAKING CYCLES OF ILLITERACY BY WORKING WITH CHILDREN AND THEIR PARENTS/CAREGIVERS AT ALL 73 LIBRARY LOCATIONS AND IN PARTNERSHIP WITH LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS TO IMPROVE LITERACY. WE DO THIS BY TEACHING ADULTS THE SKILLS TO ENGAGINGLY READ ALOUD WITH CHILDREN FROM BIRTH; BY FOSTERING A LOVE OF LIFE-LONG READING IN A MULTI-GENERATIONAL FASHION THAT SHARES THE WONDER OF STORIES; BY OFFERING A SERIES OF FUN LITERACY-RELATED ACTIVITIES TO CHILDREN DURING THE SUMMER; AND BY HELPING ADULTS IMPROVE THEIR ENGLISH READING AND WRITING ABILITY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1100393 | Expense |
| Revenue | 46701 | Revenue |
| Description | CULTURAL PROGRAMS, LIBRARY AWARENESS & EXHIBITIONS - PUBLIC LIBRARIES ARE THE KEYSTONE TO A VIBRANT AND ENGAGED CIVIC LIFE. THROUGHOUT THE YEAR, WE BRING HUNDREDS OF ESTABLISHED AND EMERGING AUTHORS, POETS, JOURNALISTS, ACADEMICS, AND ARTISTS FOR PUBLIC CONVERSATIONS. WE ALSO SEEK TO INSPIRE AND CHALLENGE PEOPLE WITH FREE EXHIBITIONS THAT EXPLORE THE CULTURAL LANDSCAPE OF LOS ANGELES AND LITERARY-RELATED ART. OUR AFTER-HOURS QUARTERLY PROGRAMS DEMONSTRATE TO YOUNG PROFESSIONALS HOW THE PUBLIC LIBRARY IS THE PLACE FOR ENTERTAINMENT AS WELL AS RESEARCH WITH A TALK-SHOW FORMAT, LIVE BANDS, AND SPECIALTY COCKTAILS. WE INCREASE AWARENESS OF THE LIBRARY'S VAST RESOURCES, SERVICES, AND PROGRAMS THROUGH VARIOUS MEDIA AND OUTREACH ROUTES AS WELL AS BY EXPERIMENTING WITH NEW PROGRAMS TO ENCOURAGE INNOVATION. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 633505 | Expense |
| Description | BUILDING THE VIRTUAL LIBRARY - A ROBUST TECHNOLOGICAL INFRASTRUCTURE IS ESSENTIAL TO FULFILLING CURRENT INFORMATION DEMANDS AS WELL AS PRESERVING FRAGILE COLLECTIONS FROM PRIOR YEARS. OUR WORK PROVIDES RESOURCES TO DIGITIZE PHYSICAL COLLECTIONS NOT ONLY TO PRESERVE THEM, BUT ALSO TO MAKE THEM MORE WIDELY ACCESSIBLE TO EVERYONE THROUGH THE INTERNET. THE WEBSITES ARE FREQUENTLY THE FIRST PORT OF CALL FOR ALL USERS AND NEED TO BE CONTINUALLY IMPROVED, RESPONSIVE, AND ACCESSIBLE ON ALL MEDIA DEVICES. FOR THOSE PATRONS WHO ARE NOT AS COMFORTABLE WITH COMPUTERS AS THEY WOULD LIKE TO BE, WE OFFER DEDICATED PART-TIME STAFF WHO ARE HIRED FROM THAT COMMUNITY TO HELP EVERYONE TO NAVIGATE THE LIBRARY'S EXTENSIVE ELECTRONIC RESOURCES, THE BROADER INTERNET, AND TROUBLE-SHOOT HARDWARE PROBLEMS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 831554 | Expense |
| Description | HELPING STUDENTS SUCCEED - HUNDREDS OF THOUSANDS OF STUDENTS USE THE LIBRARY TO COMPLETE SCHOOL ASSIGNMENTS, PARTICIPATE IN ACTIVITIES, CONDUCT RESEARCH, USE LIBRARY RESOURCES, AND HANG OUT. OUR PROGRAMS INSPIRE LEARNING, DISCOVERY, AND ACADEMIC SUCCESS FOR STUDENTS OF ALL AGES BY PROVIDING ONLINE, ON-DEMAND INDIVIDUAL TUTORING, ACCESS TO COMPUTERS AND FREE PRINTING OF HOMEWORK ASSIGNMENTS, COLLEGE-PREPARATION WORKSHOPS, PRACTICE SAT/ACT/PSAT EXAMS, SPECIALTY DATABASES, AND MILLIONS OF REFERENCE MATERIALS. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 831554 | TotalOfOtherProgramServiceExp |
| Total Program Service Expense | 3518095 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 147 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 27 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 35 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THERESA MORRISON CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2132287479 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 630 W FIFTH STREET | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 90071 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| CARLA CHRISTOFFERSON | ||||||
| CHAIR | 2.00 | X | X | 0 | 0 | 0 |
| DAVID ROSENBLUM | ||||||
| VICE-CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| CRAIG BURGER | ||||||
| TREASURER | 2.00 | X | X | 0 | 0 | 0 |
| GWEN MILLER | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| DEBRA ALBIN-RILEY | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| NADIA ALLAUDIN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT ALVARADO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BETSY APPLEBAUM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JEFFREY P BROWN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT CHICK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES CLARK | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROBERT DAWSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARK EASTON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DEAN HANSELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NANCY HARAHAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARK HUTCHINS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PATRICIA KAO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRIAN KAUFMAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL KELLEY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ANDREW KNOX | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ATTICA LOCKE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TAKASHI OHDE | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| LIN OLIVER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SHARON RISING | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RACHEL SMALL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| QUINN STILLS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARY BETH THOMAS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SHARON TOMKINS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ANN BOYD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARSHA HIRANO-NAKANISHI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| CATHERINE HUTTO-GORDON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DARREN JACKSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GEORGE STANFIELD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN F SZABO | ||||||
| CITY LIBRARIAN | 2.00 | X | 0 | 0 | 0 | |
| ANTONIO VILLARAIGOSA | ||||||
| MAYOR OF LOS ANGELES | 1.00 | X | 0 | 0 | 0 | |
| KENNETH BRECHER | ||||||
| PRESIDENT | 60.00 | X | X | 314210 | 0 | 42330 |
| REBECCA SHEHEE | ||||||
| VICE PRESIDENT | 60.00 | X | 149739 | 0 | 12947 | |
| THERESA MORRISON | ||||||
| CHIEF FINANCIAL OFFICER | 60.00 | X | 119606 | 0 | 10317 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 583555 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 65594 | TotalOtherCompensation |
| Number Individuals GT100 K | 3 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (4 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| OASIS TECHNOLOGY | |||||
| 601 DAILY DR | OXNARD | CA | 93011 | STAFFING FOR PROGRAM SERVICES | 729787 |
| TUTORCOM | |||||
| PO BOX 200599 | PITTSBURGH | PA | 15251 | ONLINE TUTORING SERVICE | 241250 |
| KAPOW INC | |||||
| 522 WILSHIRE BLVD SUITE E | SANTA MONICA | CA | 90401 | WEBSITE REDESIGN FOR LAPL | 195782 |
| GOVCONNECTION INC | |||||
| PO BOX 382810 | PITTSBURGH | PA | 152508810 | STUDENT ZONES IT SUPPORT AND COMPUTERS, | 102894 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 4 | NumberOfContractorsGT100K |
| Membership Dues | 679558 | MembershipDues |
| Fundraising Events | 679775 | FundraisingEvents |
| All Other Contributions | 5917066 | AllOtherContributions |
| Noncash Contributions | 21582 | NoncashContributions |
| Total Contributions | 7276399 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | READING ALOUD PROGRAM | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 46701 | TotalRevenueColumn |
| Related Or Exempt Function Income | 46701 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 46701 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 765856 | TotalRevenueColumn |
| Exclusion | $765,856 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6818502 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 6726031 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 92471 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 92471 | TotalRevenueColumn |
| Exclusion | $92,471 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 56670 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 679775 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 154516 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -97846 | TotalRevenueColumn |
| Exclusion | -$97,846 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 431958 | GrossSalesOfInventory |
| Cost Of Goods Sold | 498887 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -66929 | TotalRevenueColumn |
| Exclusion | -$66,929 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8016652 | TotalRevenueColumn |
| Related Or Exempt Function Income | 46701 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $693,552 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 595668 | Total |
| Program Services | 172510 | ProgramServices |
| Management And General | 106660 | ManagementAndGeneral |
| Fundraising | 316498 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1832535 | Total |
| Program Services | 1303931 | ProgramServices |
| Management And General | 229517 | ManagementAndGeneral |
| Fundraising | 299087 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33810 | Total |
| Program Services | 15659 | ProgramServices |
| Management And General | 8453 | ManagementAndGeneral |
| Fundraising | 9698 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 133641 | Total |
| Program Services | 61897 | ProgramServices |
| Management And General | 33410 | ManagementAndGeneral |
| Fundraising | 38334 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 108257 | Total |
| Program Services | 50140 | ProgramServices |
| Management And General | 27064 | ManagementAndGeneral |
| Fundraising | 31053 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 39680 | Total |
| Management And General | 39680 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 71616 | Total |
| Management And General | 71616 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 90494 | Total |
| Program Services | 77500 | ProgramServices |
| Management And General | 12994 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 311520 | Total |
| Program Services | 304258 | ProgramServices |
| Management And General | 7262 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 74792 | Total |
| Management And General | 74792 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15963 | Total |
| Management And General | 15963 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38702 | Total |
| Program Services | 28326 | ProgramServices |
| Management And General | 10376 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 10883 | Total |
| Management And General | 10883 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3364 | Total |
| Management And General | 3364 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SEMINARS, EXHIBITS, AND | 677075 | 677075 | |
| COMPUTER EQUIPMENT | 359921 | 333570 | 26351 |
| LIBRARY BOOKS | 301996 | 301996 | |
| EVENTS | 187262 | 187262 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 105298 | Total |
| Program Services | 3971 | ProgramServices |
| Management And General | 7117 | ManagementAndGeneral |
| Fundraising | 94210 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4992477 | Total |
| Program Services | 3518095 | ProgramServices |
| Management And General | 685502 | ManagementAndGeneral |
| Fundraising | 788880 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 408238 | BOY |
| EOY | 283985 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 271869 | BOY |
| EOY | 269606 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 532495 | BOY |
| EOY | 3548368 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 297096 | BOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 104993 | BOY |
| EOY | 116000 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 324809 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 259563 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37835 | BOY |
| EOY | 65246 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28058363 | BOY |
| EOY | 29100208 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1353904 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 432000 | BOY |
| EOY | 523949 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30142889 | BOY |
| EOY | 35261266 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94046 | BOY |
| EOY | 4660 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 500733 | BOY |
| EOY | 177700 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101114 | BOY |
| EOY | 129990 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 695893 | BOY |
| EOY | 312350 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13113390 | BOY |
| EOY | 17047765 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5947305 | BOY |
| EOY | 7514850 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10386301 | BOY |
| EOY | 10386301 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29446996 | BOY |
| EOY | 34948916 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 30142889 | BOY |
| EOY | 35261266 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3024175 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2464200 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 13545 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3999422 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4543636 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3466692 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3541123 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7276399 | CurrentTaxYear |
| Total | 22827272 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3999422 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4543636 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3466692 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3541123 | CurrentTaxYearMinus1Year |
| Current Tax Year | 7276399 | CurrentTaxYear |
| Total | 22827272 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 4440511 | AmountsSubstContributorsTotal |
| Public Support Total170 | 18386761 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 480704 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 406627 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 716137 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 745323 | CurrentTaxYearMinus1Year |
| Current Tax Year | 765856 | CurrentTaxYear |
| Total | 3114647 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | 56670 | CurrentTaxYear |
| Total | 56670 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 25998589 | TotalSupport |
| Gross Receipts From Admissions Etc | 2071267 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.70720 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.78930 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 24641986 | BeginningOfYearBalance |
| Contributions | 2850000 | Contributions |
| Investment Earnings Or Losses | 3214095 | InvestmentEarningsOrLosses |
| Other Expenditures | 840333 | OtherExpenditures |
| End Of Year Balance | 29865748 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 25284722 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 306425 | InvestmentEarningsOrLosses |
| Other Expenditures | 949161 | OtherExpenditures |
| End Of Year Balance | 24641986 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 21535825 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 4328897 | InvestmentEarningsOrLosses |
| Other Expenditures | 580000 | OtherExpenditures |
| End Of Year Balance | 25284722 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 17960014 | BeginningOfYearBalance |
| Contributions | 1041638 | Contributions |
| Investment Earnings Or Losses | 2534173 | InvestmentEarningsOrLosses |
| End Of Year Balance | 21535825 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 22380876 | BeginningOfYearBalance |
| Contributions | 606870 | Contributions |
| Investment Earnings Or Losses | -4684732 | InvestmentEarningsOrLosses |
| Other Expenditures | 343000 | OtherExpenditures |
| End Of Year Balance | 17960014 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.49920 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.34780 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.15300 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 324809 | OtherCostOrOtherBasis |
| Depreciation | 259563 | Depreciation |
| Book Value | 65246 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 65246 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | RENT AND ACCRUED VACATION PAYABLE | Description |
| Amount | $129,990 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 129990 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 11122001 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2464200 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 200333 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 13545 | OtherRevenues |
| Revenue Not Rptd F990 | 2678078 | RevenueNotRptdF990 |
| Revenue Subtotal | 8443923 | RevenueSubtotal |
| Investment Expenses Not Included | 71616 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | -498887 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | -427271 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 8016652 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5620081 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 200333 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 498887 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 699220 | ExpensesNotRptdF990 |
| Expenses Subtotal | 4920861 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 71616 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 71616 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 4992477 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE FOUNDATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT A VARIETY OF PURPOSES INCLUDING LITERACY, EDUCATION, HUMANITIES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | 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 STATE PURPOSES IS FOUR YEARS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGES IN VALUE OF CHARITABLE REMAINDER TRUSTS 13,545. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LIBRARY STORE EXPENSES -498,887. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LIBRARY STORE EXPENSES 498,887. | |
| SCHEDULE D, PART V, LINE 1E ENDOWMENT FUND EXPENDITURES THE LFLA HAS SET POLICIES FOR APPROPRIATING FOR EXPENDITURES 4%-6% OF THE GENERATED EARNINGS FROM THE ENDOWMENT FUND. THIS YEAR, THE FOUNDATION APPROPRIATED 4% ($840,333) FROM THE UNRESTRICTED AND TEMPORARILY RESTRICTED ENDOWMENTS TO SUPPORT AND FUND THE FOUNDATION'S PROGRAMS AND OPERATIONS. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | ANNUAL AWARDS DIN. | NameOfEvent1 |
| Gross Receipts Event1 | 662244 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 613294 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 48950 | GrossRevenueEvent1 |
| Rent Facility Costs Event1 | 14413 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 61106 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 1450 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 44684 | OtherDirectExpensesEvent1 |
| Name Of Event2 | YOUNG LITERATI TOASTS | NameOfEvent2 |
| Gross Receipts Event2 | 74201 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 66481 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 7720 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 7539 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 9188 | FoodAndBeverageEvent2 |
| Entertainment Event2 | 200 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 12335 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 1 | TotalNumberOfOtherEvents |
| Other Direct Expenses Other Events | 3601 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 736445 | GrossReceiptsTotal |
| Charitable Contributions Total | 679775 | CharitableContributionsTotal |
| Gross Revenue Total Events | 56670 | GrossRevenueTotalEvents |
| Rent Facility Costs Total Events | 21952 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 70294 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 1650 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 60620 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 154516 | DirectExpenseSummaryEvents |
| Net Income Summary | -97846 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KENNETH BRECHER | ||||||||||||||
| PRESIDENT | 225550 | 0 | 88000 | 0 | 660 | 0 | 7500 | 0 | 34830 | 0 | 356540 | 0 | 0 | 0 |
| REBECCA SHEHEE | ||||||||||||||
| VICE PRESIDENT | 137325 | 0 | 12000 | 0 | 414 | 0 | 4500 | 0 | 8447 | 0 | 162686 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | 990 REVIEW THE AUDIT COMMITTEE MEETS WITH THE RETURN PREPARERS TO REVIEW THE DRAFT 990, ASK QUESTIONS, AND SUGGEST REVISONS. THE DRAFT 990 IS SENT TO ALL BOARD MEMBERS. THEY ARE INVITED TO SPEAK WITH THE AUDIT COMMITTEE MEMBERS AND TAX PREPARERS IF THEY SO WISH. THE CFO AGAIN REVIEWS THE 990 WITH REVISIONS, IF ANY, BEFORE FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO EVERY DIRECTOR ON AN ANNUAL BASIS. THE DIRECTORS ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS THAT MAY LEAD TO CONFLICTS OF INTEREST AND MUST SIGN AND RETURN THE POLICY EVERY YEAR. | |
| FORM 990, PART VI, SECTION B, LINE 15 | EXECUTIVE COMPENSATION REVIEW THE BOARD'S EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION. THE COMMITTEE SURVEYS MANY OTHER COMPARABLE ORGANIZATIONS AS WELL AS CONSULTS INDEPENDENT FIRMS TO DETERMINE A FAIR COMPENSATION. IN 2012-2013, THE BOARD OF DIRECTORS HIRED LASNIK-BROIDA CONSULTANTS, INC TO CONDUCT A COMPENSATION REVIEW WHICH WAS COMPLETED IN THE SUMMER OF 2013 AND A REPORT ISSUED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | FORM 990, PART VI, SECTION C, LINE 19: DISCLOSURES 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 "NEWSROOM/DOCUMENTS" SECTION OF THE WEBSITE AND LOOK FOR "AUDITED FINANCIAL STATEMENTS" 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. THE FINANCIALS ARE ALSO PUBLISHED IN THE LFLA'S SPRING NEWSLETTER. | |
| FORM 990, PART IX, LINE 7 | OTHER SALARIES AND WAGES ALSO INCLUDE ADULT LITERACY COORDINATORS, COMPUTER AIDES, AND ALL STAFF NECESSARY TO CARRY OUT PROGRAM SERVICES WITHIN THE 72 BRANCHES OF THE LOS ANGELES PUBLIC LIBRARY SYSTEM. | OTHER SALARIES AND WAGES |
| FORM 990, PART XI, LINE 9: | CHANGES IN VALUE OF CHARITABLE REMAINDER TRUSTS 13,545. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART VIII, LINE 10B | COST OF GOODS SOLD INCLUDES ALL COSTS OF OPERATING THE LIBRARY STORE. | LIBRARY STORE - COST OF GOODS SOLD |
| 990, PART IX, LINE 12 | MARKETING AND PROMOTIONAL COSTS OF $311,520 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. | ADVERTISING EXPENSE |
| FORM 990, PART 1, LINE 8; PART VIII, LINE 1F; PART X, LINE 3 | DURING THE YEAR ENDED JUNE 30, 2013, THE LIBRARY FOUNDATION OF LOS ANGELES RECEIVED AN UNRESTRICTED BEQUEST TOTALING $2,850,000. THE BOARD DESIGNATED THE ENTIRE AMOUNT TO A SEPARATE ENDOWMENT FUND. THIS BOARD-DESIGNATED ESTATE GIFT WILL BE USED FOR THE PURPOSE OF BUILDING CAPACITY, STRENGTHENING PROGRAMS, AND LEVERAGING PHILANTHROPY. THE DONOR WAS A WONDEFUL ADVOCATE FOR EDUCATIONAL PROGRAMS AND CARED DEEPLY ABOUT THE YOUNG PEOPLE OF LOS ANGELES. SPECIFICALLY THIS FUND WILL BE USED FOR THE AREA OF GREATEST NEED WITHIN THE CONSTELLATION OF PROGRAMS THAT HELP STUDENTS IN THEIR EDUCATIONAL PURSUITS. | 2013 BEQUEST |
| FORM 990, PART VIII, LINES 10A AND 10B, PART XI, LINE 4B AND PART XII, | LIBRARY STORE ON WHEELS DURING THE YEAR ENDED JUNE 30, 2013 THE LIBRARY FOUNDATION OF LOS ANGELES OPENED THE LIBRARY STORE ON WHEELS IN DECEMBER 2012 TO INCREASE AWARENESS OF THE LIBRARY STORE, BROADEN ITS CUSTOMER BASE, AND MAKE ITS UNIQUE BRAND OF LITERARY GIFTS AND GOODS ACCESSIBLE TO CUSTOMERS ACROSS THE REGION/LIBRARY SYSTEM. SINCE ITS LAUNCH, IT HAS SIGNIFICANTLY RAISED THE PUBLIC PROFILE OF LFLA, AS WELL AS THE SOCIAL MEDIA PROFILE OF BOTH LFLA AND LAPL. | LINE 2D |
Comments