LOS ANGELES LAKERS YOUTH FOUNDATION: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- LOS ANGELES LAKERS YOUTH FOUNDATION (EIN 95-4372410)
- Tax period
- 2010-08-01 to 2011-07-31
- Filed
- 2012-06-14
- IRS object ID
- 201221669349300802
- Schema version
- 2010v3.7
- 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 | 2012-06-14T16:44:58-05:00 | Timestamp |
| Tax Period End Date | 2011-07-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PricewaterhouseCoopers LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORTH WACKER | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-08-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954372410 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOS ANGELES LAKERS YOUTH FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LOSA | NameControl |
| Phone | 3104266000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 NORTH NASH STREET | AddressLine1 |
| City | EL SEGUNDO | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Susan Matson | Name |
| Title | CFO | Title |
| Phone | 3104266075 | Phone |
| Date Signed | 2012-06-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3122982000 | Phone |
| Self Employed | X | SelfEmployed |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JANIE DREXEL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 NORTH NASH ST | AddressLine1 |
| City | EL SEGUNDO | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1423010 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.nba.com/lakers/community/foundation.html | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | The Foundation's goal is to assist non-profit community organizations, based on need, with a focus on the use of sports to promote education, teamwork and self-esteem among Los Angeles area youth. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 3 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 0 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 36 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 552062 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 939450 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1570 | InvestmentIncomePriorYear |
| Investment Income Current Year | 4195 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 251161 | OtherRevenuePriorYear |
| Other Revenue Current Year | 61284 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 804793 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1004929 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 447918 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 480778 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 341 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 76574 | OtherExpensePriorYear |
| Other Expenses Current Year | 143033 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 524492 | TotalExpensesPriorYear |
| Total Expenses Current Year | 623811 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 280301 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 381118 | RevenuesLessExpensesCY |
| Total Assets BOY | 1649566 | TotalAssetsBOY |
| Total Assets EOY | 2061891 | TotalAssetsEOY |
| Total Liabilities BOY | 12478 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 43685 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1637088 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2018206 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE LOS ANGELES LAKERS YOUTH FOUNDATION'S ("FOUNDATION") GOAL IS TO ASSIST NON-PROFIT COMMUNITY ORGANIZATIONS BASED ON NEED. WITH THE FOUNDATION'S FOCUS ON THE USE OF SPORTS TO PROMOTE EDUCATION, TEAMWORK, AND SELF-ESTEEM AMONG LOS ANGELES AREA YOUTH, ITS FUNDRAISING DIRECTLY SUPPORTS THESE INITIATIVES BY PROVIDING FINANCIAL ASSISTANCE TO CHILDREN AND LOCAL YOUTH PROGRAMS. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 197294 | Expense |
| Grants | 175000 | Grants |
| Revenue | 0 | Revenue |
| Description | L.A. Times Education/Lakers School of Champions promotes health and literacy to 4th through 12th grade students. Classrooms receive newspapers and curriculums with excercises and questions related to articles in the newspaper. The program emphasizes vocabulary, writing skills, and living healthier lives. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 16315 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | Read to Achieve reading challenge program provides reading materials to schools and prizes to winners of reading contests. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 51340 | Expense |
| Grants | 26340 | Grants |
| Revenue | 0 | Revenue |
| Description | Construction of basketball courts for under-served youth. | Description |
Activity Other ActivityOther (4 entries)
| DescriptionDescription | ExpenseExpense | GrantsGrants | RevenueRevenue |
|---|---|---|---|
| Grants/allocations made to organizations | |||
| providing assistance to the community | |||
| such as those offering services to help | |||
| children and local youth programs. | 317483 | 279438 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 317483 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 279438 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 582432 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 6 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 3 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 0 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | false | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | SUSAN MATSON | NamePerson |
| Telephone Number | 3104266075 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N NASH ST | AddressLine1 |
| City | El Segundo | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (5 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JANIE DREXEL | ||||||
| PRESIDENT, CEO, DIRECTOR | 1.0 | X | X | 0 | 0 | 0 |
| JERRY H BUSS | ||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |
| LINDA RAMBIS | ||||||
| DIRECTOR | 1.0 | X | 0 | 0 | 0 | |
| SUSAN MATSON | ||||||
| CHIEF FINANCIAL OFFICER | 1.0 | X | 0 | 0 | 0 | |
| JAMES L PERZIK | ||||||
| GEN. COUNSEL, SECRETARY | 1.0 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 430680 | FundraisingEvents |
| Related Organizations | 100500 | RelatedOrganizations |
| All Other Contributions | 408270 | AllOtherContributions |
| Total Contributions | 939450 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4195 | TotalRevenueColumn |
| Exclusion | $4,195 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4524 | TotalRevenueColumn |
| Exclusion | $4,524 | ExclusionAmount |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 468541 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 430680 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 418081 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50460 | TotalRevenueColumn |
| Exclusion | $50,460 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Gaming | 6300 | GrossIncomeGaming |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6300 | TotalRevenueColumn |
| Exclusion | $6,300 | ExclusionAmount |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1004929 | TotalRevenueColumn |
| Exclusion | $65,479 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 480778 | Total |
| Program Services | 480778 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2075 | Total |
| Management And General | 2075 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30057 | Total |
| Management And General | 30057 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8542 | Total |
| Management And General | 8542 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 60 | Total |
| Management And General | 60 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| PROGRAM EXPENSES | 101654 | 101654 | ||
| MISCELLANEOUS | 645 | 304 | 341 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 623811 | Total |
| Program Services | 582432 | ProgramServices |
| Management And General | 41038 | ManagementAndGeneral |
| Fundraising | 341 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 535330 | BOY |
| EOY | 570715 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1101227 | BOY |
| EOY | 1466721 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10177 | BOY |
| EOY | 24455 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2832 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 15805 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 15805 | LandBldgEquipmentAccumDeprec |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1649566 | BOY |
| EOY | 2061891 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12478 | BOY |
| EOY | 43685 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12478 | BOY |
| EOY | 43685 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Do Not Follow SFAS117 | X | DoNotFollowSFAS117 |
Retained Earnings Endowment Etc RetainedEarningsEndowmentEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1637088 | BOY |
| EOY | 2018206 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1637088 | BOY |
| EOY | 2018206 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1649566 | BOY |
| EOY | 2061891 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 381118 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | false | FSAudited |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 349636 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 445699 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 550049 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 552062 | CurrentTaxYearMinus1Year |
| Current Tax Year | 939450 | CurrentTaxYear |
| Total | 2836896 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 320789 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 447526 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 379577 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 516481 | CurrentTaxYearMinus1Year |
| Current Tax Year | 474841 | CurrentTaxYear |
| Total | 2139214 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 670425 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 893225 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 929626 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1068543 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1414291 | CurrentTaxYear |
| Total | 4976110 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 78125 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 217634 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 304775 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 254970 | CurrentTaxYearMinus1Year |
| Current Tax Year | 312080 | CurrentTaxYear |
| Total | 1167584 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 78125 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 217634 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 304775 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 254970 | CurrentTaxYearMinus1Year |
| Current Tax Year | 312080 | CurrentTaxYear |
| Total | 1167584 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 3808526 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 53423 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 37902 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11139 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5876 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8719 | CurrentTaxYear |
| Total | 117059 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 53423 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 37902 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 11139 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5876 | CurrentTaxYearMinus1Year |
| Current Tax Year | 8719 | CurrentTaxYear |
| Total | 117059 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 723848 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 931127 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 940765 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1074419 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1423010 | CurrentTaxYear |
| Total | 5093169 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.74777 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.77778 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.02298 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02758 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements | |
| Equipment | Equipment |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15805 | OtherCostOrOtherBasis |
| Depreciation | 15805 | Depreciation |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | GOLF TOURNAMENT | NameOfEvent1 |
| Gross Receipts Event1 | 358375 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 207189 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 151186 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 15456 | CashPrizesEvent1 |
| Rent Facility Costs Event1 | 100000 | RentFacilityCostsEvent1 |
| Food And Beverage Event1 | 57752 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 60340 | OtherDirectExpensesEvent1 |
| Name Of Event2 | AUCTIONS | NameOfEvent2 |
| Gross Receipts Event2 | 272889 | GrossReceiptsEvent2 |
| Gross Revenue Event2 | 272889 | GrossRevenueEvent2 |
| Cash Prizes Event2 | 5894 | CashPrizesEvent2 |
| Other Direct Expenses Event2 | 21038 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 3 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 267957 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 223491 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 44466 | GrossRevenueOtherEvents |
| Food And Beverage Other Events | 55768 | FoodAndBeverageOtherEvents |
| Entertainment Other Events | 39712 | EntertainmentOtherEvents |
| Other Direct Expenses Other Events | 62121 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 899221 | GrossReceiptsTotal |
| Charitable Contributions Total | 430680 | CharitableContributionsTotal |
| Gross Revenue Total Events | 468541 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 21350 | CashPrizesTotalEvents |
| Rent Facility Costs Total Events | 100000 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 113520 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 39712 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 143499 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 418081 | DirectExpenseSummaryEvents |
| Net Income Summary | 50460 | NetIncomeSummary |
| Field | Value | IRS element (for citing) |
|---|---|---|
| States Where Gaming Conducted | CA | StatesWhereGamingConducted |
Address Of Gaming Rec Keeper US AddressOfGamingRecKeeperUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N Nash Street | AddressLine1 |
| City | El Segundo | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (13 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant | Address Line2AddressUS/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| CHALLENGERS BOYS & GIRLS CLUB | ||||||||
| PO Box 82280 | LOS ANGELES | CA | 90082 | 952637167 | 501(c)(3) | 10000 | SUMMER JOB AND JUNIOR STAFF PROGRAM | |
| STAPLES CENTER FOUNDATION | ||||||||
| 1100 S FLOWER ST | LOS ANGELES | CA | 90015 | 954675402 | 501(c)(3) | 73518 | GENERAL SUPPORT AIMED AT PROVIDING INNER CITY YOUTH WITH EDUCATIONAL & RECREATIONAL GRANTS AND PROGRAMS | 3100 |
| BOYS & GIRLS CLUB OF WEST VALLEY | ||||||||
| 7245 REMMET AVENUE | CANOGA PARK | CA | 91303 | 954419365 | 501(c)(3) | 11113 | CONSTRUCTIONS COSTS ASSOCIATED WITH BASKETBALL PROGRAM- LIGHTING, EQUIPMENT & SUPPLIES | |
| SANTA MONICA BOYS & GIRLS CLUB | ||||||||
| 1238 LINCOLN BLVD | SANTA MONICA | CA | 90401 | 951890706 | 501(c)(3) | 7000 | COSTS ASSOCIATED WITH MOVING LAKERS READING ROOM TO AN EXPANDED AREA OF THE CLUB | |
| SPECIAL OLYMPICS SOUTHERN CALIFORNIA | ||||||||
| 6730 E CARSON ST | LONG BEACH | CA | 90808 | 954538450 | 501(c)(3) | 25000 | GENERAL SUPPORT OF BASKETBALL PROGRAMS | |
| NEWSPAPER IN EDUCATION FOUNDATION-ANTHEM TIMES | ||||||||
| 201 W 1ST ST 4TH FL | LOS ANGELES | CA | 90012 | 364443359 | 501(c)(3) | 175000 | NEWSPAPERS TO SCHOOLS TO PROMOTE READING AND EDUCATION | |
| A PLACE CALLED HOME | ||||||||
| 2830 S CENTRAL AVE | LOS ANGELES | CA | 90011 | 954427291 | 501(C)(3) | 10000 | RE-LAUNCH BASKETBALL PROGRAM FOR S. CENTRAL YOUTH | |
| INNER CITY FILM MAKERS | ||||||||
| 3000 W OLYMPIC BL | SANTA MONICA | CA | 90404 | 911769585 | 501(C)(3) | 10000 | GENERAL SUPPORT | |
| YMCA OF METROPOLITAN LOS ANGELES | ||||||||
| 625 S NEW HAMPSHIRE AVE | LA | CA | 90005 | 951644052 | 501(C0(3) | 37353 | JUNIOR LAKERS BASKETBALL PROGRAM | |
| OTS ROUNDHOUSE MARINE STUDIES LAB & AQUARIUM | ||||||||
| PO BOX 1 | MANHATTAN BEACH | CA | 902670001 | 953409019 | 501(C)(3) | 10000 | FOR 1200 STUDENTS TO PARTICIPATE IN FREE OUTDOOR SCIENCE EDUCATION PROGRAM | |
| NEVADA CHILDREN'S CENTER | ||||||||
| 5615 S PECOS ROAD | LAS VEGAS | NV | 89120 | 880361315 | 501(C)(3) | 15227 | NEW BASKETBALL COURT CONSTRUCTION COSTS | |
| PLAYWORKS LOS ANGELES | ||||||||
| 1200 S INGLEWOOD AVE | INGLEWOOD | CA | 90301 | 943251867 | 501(C)(3) | 10000 | GENERAL SUPPORT FOR HEALTHY PLAY AND PHYSICAL ACTIVITIES TO LOCAL YOUTH | 200 |
| YMCA OF WEST SAN GABRIAL VALLEY | ||||||||
| 401 EAST CORTO STREET | ALHAMBRA | CA | 91801 | 951644051 | 501(C)(3) | 14067 | FOR PURCHASE OF SHADE STRUCTURE FOR OUTDOOR PLAYGROUND | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 13 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING USE OF GRANT FUNDS IN U.S. | Identifier |
| Return Reference | FORM 990, SCHEDULE I, PART 1, LINE 2 | ReturnReference |
| Explanation | AFTER A GRANT FOR A SPECIFIC PURPOSE HAS BEEN MADE TO A U.S. ORGANIZATION, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER WILL FOLLOW-UP WITH EITHER A VISIT OR A PHONE CALL TO THE ORGANIZATION TO ENSURE THAT THE FUNDS ARE BEING USED AS SPECIFIED. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Review of Form 990 by Governing Body | 990 Part VI, Section B, 11B | THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND IS THEN REVIEWED AND APPROVED BY THE CHIEF FINANCIAL OFFICER BEFORE IT IS FILED. |
| PUBLIC INSPECTION OF 990, ETC. | FORM 990, PART VI, LINE 19 | The organization makes its governing documents available to the public upon request. |
| OFFICERS, DIRECTORS FAMILY/BUSINESS RELATIONSHIPS | FORM 990, PART VI, SECTION A, LINE 2 | NAME OF OFFICER, DIRECTOR, ETC: JANIE DREXEL NAME OF RELATED ENTITY: THE LOS ANGELES LAKERS, INC. NAME OF OFFICER, DIRECTOR, ETC: SUSAN MATSON NAME OF RELATED ENTITY: THE LOS ANGELES LAKERS, INC. NAME OF OFFICER, DIRECTOR, ETC: JAMES L. PERZIK NAME OF RELATED ENTITY: THE LOS ANGELES LAKERS, INC. NAME OF OFFICER, DIRECTOR, ETC: JERRY H. BUSS NAME OF RELATED ENTITY: THE LOS ANGELES LAKERS, INC. JANIE DREXEL AND JERRY H. BUSS HAVE A FAMILY RELATIONSHIP. SUSAN MATSON AND JAMES L. PERZIK HAVE A BUSINESS RELATIONSHIP. |
| COMPENSATION OF OFFICERS, DIRECTORS BY RELATED ORGANIZATIONS | FORM 990, PART VII, SECTION A, LINES 4 AND 5 | THE OFFICERS AND DIRECTORS LISTED ON FORM 990, PART VII, SECTION A, LINE 1A, ARE PROVIDING SERVICES TO THE FOUNDATION ON A VOLUNTEER BASIS AND RECEIVE NO COMPENSATION FROM THE FOUNDATION. THIS ARRANGEMENT QUALIFIES FOR THE VOLUNTEER EXCEPTION AS DETAILED IN THE INSTRUCTIONS FOR THE 2010 FORM 990 AND, AS SUCH, THE FOUNDATION IS NOT REQUIRED TO REPORT THE COMPENSATION FROM ANY FOR-PROFIT RELATED ORGANIZATION FOR THESE PERSONS. |
| Committees with authority to act on behalf of governing body | Form 990, Part VI, Line 8b | The Los Angeles Lakers Youth Foundation does not have any committees with authority to act on behalf of the governing body. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part IV Form990ScheduleRPartIV
Name Of Related Org NameOfRelatedOrg
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Los Angeles Lakers Inc | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 555 N NASH STREET | AddressLine1 |
| City | EL SEGUNDO | City |
| State | CA | State |
| ZIP Code | 90245 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953788411 | EIN |
| Primary Activity | ENTERTAINMENT | PrimaryActivity |
| Legal Domicile State | CA | LegalDomicileState |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | na | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Entity | S | TypeOfEntity |
| Share Of Total Income | 0 | ShareOfTotalIncome |
| Share Of EOY Assets | 0 | ShareOfEOYAssets |
| Percentage Ownership | 0.00000 | PercentageOwnership |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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