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Nonprofiteer
← LOS ANGELES CITY COLLEGE FOUNDATION

Form 990 for tax year 2025

Filed by LOS ANGELES CITY COLLEGE FOUNDATION.

Totals

Total revenue
$27,350,780
Total expenses
$4,169,370
Contributions and grants received
$2,343,028
Grants paid
$1,889,846
Program service revenue
$0
Investment income
$25,006,808
Other revenue
$944
Total assets, end of year
$57,864,371
Total liabilities, end of year
$223,115
Net assets or fund balances, end of year
$57,641,256
Program services expenses (Part IX)
$3,177,542
Management and general expenses
$991,828
Fundraising expenses
$0
Program service expenses (Part III)
$3,177,542

Program services were 76.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $9,350

  • 1e · Government grants (contributions)

    $408,799

  • 1f · All other contributions, gifts and grants

    $1,924,879

  • 1g · Noncash contributions included above

    $609,592

  • 3 · Investment income

    total $1,397,924 · excluded $1,397,924

  • 7a · Gross sales of assets other than inventory

    securities $73,772,303

  • 7b · Less cost or other basis and sales expenses

    securities $50,163,419

  • 7c · Gain or loss

    securities $23,608,884

  • 7d · Net gain or loss

    total $23,608,884 · excluded $23,608,884

  • 8b · Fundraising events: direct expenses

    $3,567

  • 8c · Net income from fundraising events

    total -$3,567 · excluded -$3,567

  • 11a · Other revenue: MISCELLANEOUS

    total $3,503 · related or exempt $3,503

  • 11b · Other revenue: REFUNDS/ REBATES

    total $1,008 · related or exempt $1,008

  • 11e · Other revenue, total

    $4,511

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,183,681 · program services $1,183,681

  • 2 · Grants to domestic individuals

    total $706,165 · program services $706,165

  • 5 · Compensation of officers, directors and key employees

    total $226,808 · program services $113,404 · management and general $113,404

  • 7 · Other salaries and wages

    total $653,917 · program services $405,417 · management and general $248,500

  • 8 · Pension plan contributions

    total $7,591 · program services $4,851 · management and general $2,740

  • 9 · Other employee benefits

    total $71,342 · program services $42,527 · management and general $28,815

  • 10 · Payroll taxes

    total $70,303 · program services $41,479 · management and general $28,824

  • 11b · Fees: legal

    total $90,856 · management and general $90,856

  • 11c · Fees: accounting

    total $36,100 · management and general $36,100

  • 11f · Fees: investment management

    total $235,185 · management and general $235,185

  • 11g · Fees: other

    total $71,752 · program services $39,852 · management and general $31,900

  • 12 · Advertising and promotion

    total $5,825 · management and general $5,825

  • 13 · Office expenses

    total $65,717 · program services $40,680 · management and general $25,037

  • 14 · Information technology

    total $53,994 · management and general $53,994

  • 16 · Occupancy

    total $1,899 · program services $1,749 · management and general $150

  • 17 · Travel

    total $34,727 · program services $25,258 · management and general $9,469

  • 19 · Conferences, conventions and meetings

    total $67,539 · program services $48,146 · management and general $19,393

  • 22 · Depreciation, depletion and amortization

    total $8,504 · management and general $8,504

  • 23 · Insurance

    total $34,344 · management and general $34,344

  • 24a · Other expenses: STIPENDS AND TUITION

    total $334,076 · program services $333,116 · management and general $960

  • 24b · Other expenses: PROGRAM SUPPLIES

    total $188,773 · program services $185,352 · management and general $3,421

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $17,831 · program services $5,865 · management and general $11,966

  • 24d · Other expenses: GOOD & WELFARE

    total $1,216 · management and general $1,216

  • 24e · All other expenses

    total $1,225 · management and general $1,225

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,484,078 · end of year $3,675,702

  • 3 · Pledges and grants receivable

    beginning of year $35,224 · end of year $92,669

  • 4 · Accounts receivable

    beginning of year $86,651 · end of year $16,011

  • 10a · Land, buildings and equipment: cost or other basis

    $133,316

  • 10b · Land, buildings and equipment: accumulated depreciation

    $108,857

  • 10c · Land, buildings and equipment, net

    beginning of year $30,455 · end of year $24,459

  • 11 · Investments: publicly traded securities

    beginning of year $50,967,542 · end of year $53,811,732

  • 15 · Other assets

    beginning of year $228,948 · end of year $243,798

  • 17 · Accounts payable and accrued expenses

    beginning of year $73,490 · end of year $68,484

  • 19 · Deferred revenue

    beginning of year $146,652 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $154,631

  • 27 · Net assets without donor restrictions

    beginning of year $2,905,369 · end of year $2,607,624

  • 28 · Net assets with donor restrictions

    beginning of year $51,707,387 · end of year $55,033,632

Mission and programs · 2025

Mission

WE ARE COMMITTED TO BREAKING THE CYCLE OF POVERTY AND CREATING PROGRAMS THAT DRIVE CHANGE. BY ADDRESSING STUDENTS' BASIC NEEDS, INCLUDING FOOD, HOUSING, UTILITIES, TRANSPORTATION, AND HEALTHCARE, WE ENABLE LOW-INCOME STUDENTS TO ENROLL, PERSIST, AND SUCCEED IN THEIR EDUCATION AT LOS ANGELES CITY COLLEGE.

Activities or mission (Part I)

TO DEVELOP PHILANTHROPIC SUPPORT FOR THE STUDENTS OF LOS ANGELES CITY COLLEGE (LACC).

  • THE ORGANIZATION PROVIDED FUNDING FOR ACADEMIC DEPARTMENTS AT LACC AND STUDENT ENGAGMENT ON CAMPUS, INCLUDING SUPPORT FOR THE LACC FOOD PANTRY & FOOD HUB, AS WELL AS SUPPLIES FOR USE IN VARIOUS COLLEGE DEPARTMENTS.

    Expenses $2,471,377 · Grants $1,183,681

  • SCHOLARSHIPS- THE ORGANIZATION PROVIDED SCHOLARSHIPS TO QUALIFIED LACC STUDENTS.

    Expenses $706,165 · Grants $706,165

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Schwartz

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    6

  • Marvin Hoffman

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • C Edward Dilkes

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Robert Winters

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Danny Chan

    ASSISTANT TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Julie C Stromberg

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jeff Zarrinnam

    MEMBER-AT-LARGE

    Total calculated
    $0
    Hours/week
    1

  • Joan Dangerfield

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michael G Morgan

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Fariba Kalantari

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dean Hansell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dj Moore

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mike Harriel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Ryu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Margaret Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Robert Reeves

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alex Swart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jerrod McClung

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Berj Tashjian

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mary Gallagher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gregory Goeckner

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Renee Martinez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Gerard Tamparong

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Theo Kingma

    BOARD MEMBER (THRU 3/2025)

    Total calculated
    $0
    Hours/week
    1

  • Jessica I Shaham

    BOARD MEMBER (THRU 1/2025)

    Total calculated
    $0
    Hours/week
    1

  • Lisa Nashua

    EXECUTIVE DIRECTOR (THROUGH 6/25)

    Total calculated
    $141,868
    From this org
    $137,737
    From related orgs
    $0
    Other
    $4,131
    Hours/week
    40

  • Martha Esparza

    EXECUTIVE DIRECTOR (FROM 7/25)

    Total calculated
    $84,662
    From this org
    $80,104
    From related orgs
    $0
    Other
    $4,558
    Hours/week
    40

  • Daren Lynne

    DIR. OF STRAT. INITIATIVES

    Total calculated
    $148,191
    From this org
    $139,200
    From related orgs
    $0
    Other
    $8,991
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,200
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,081
    Filer's total
    $151,281

  • Helen Khachatryan

    SENIOR ACCOUNTANT

    Total calculated
    $114,115
    From this org
    $109,246
    From related orgs
    $0
    Other
    $4,869
    Hours/week
    40

  • Silvia Martinez

    OFFICE MANAGER & SCHOLARSHIP COORD.

    Total calculated
    $136,694
    From this org
    $111,108
    From related orgs
    $0
    Other
    $25,586
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • LOS ANGELES CITY COLLEGE

    $574,089

    SUPPORT THE EDUCATIONAL PROGRAMS OF LOS ANGELES CITY COLLEGE

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • LOS ANGELES CITY COLLEGE

    GOVERNMENTAL · PUBLIC COLLEGE · CA

Provenance

Return type
form_990
Tax year
2025
Filed
8 September 2026
IRS schema version
2025v4.2
Source object
202602529349301100

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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