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Nonprofiteer
← LOS ANGELES CHARGERS CHARITIES

Form 990 for tax year 2023

Filed by LOS ANGELES CHARGERS CHARITIES.

Totals

Total revenue
$1,108,867
Total expenses
$1,055,042
Contributions and grants received
$983,644
Grants paid
$623,472
Program service revenue
$0
Investment income
$863
Other revenue
$124,360
Total assets, end of year
$2,493,949
Total liabilities, end of year
$397,725
Net assets or fund balances, end of year
$2,096,224
Program services expenses (Part IX)
$1,014,194
Management and general expenses
$40,848
Fundraising expenses
$0
Program service expenses (Part III)
$1,014,194

Program services were 96.1% 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.

  • 1c · Fundraising events

    $353,568

  • 1f · All other contributions, gifts and grants

    $630,076

  • 1g · Noncash contributions included above

    $47,189

  • 3 · Investment income

    total $863 · related or exempt $863

  • 8a · Fundraising events: gross income

    $43,211

  • 8a · Fundraising events: contributions included on line 1c

    $353,568

  • 8b · Fundraising events: direct expenses

    $180,064

  • 8c · Net income from fundraising events

    total -$136,853 · excluded -$136,853

  • 9a · Gaming: gross income

    $950,182

  • 9b · Gaming: direct expenses

    $688,969

  • 9c · Net income from gaming

    total $261,213 · related or exempt $261,213

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $623,472 · program services $623,472

  • 11b · Fees: legal

    total $16,935 · management and general $16,935

  • 11c · Fees: accounting

    total $5,108 · management and general $5,108

  • 12 · Advertising and promotion

    total $5,150 · management and general $5,150

  • 13 · Office expenses

    total $17,309 · program services $8,654 · management and general $8,655

  • 23 · Insurance

    total $5,000 · management and general $5,000

  • 24a · Other expenses: Other Program Expenses

    total $381,868 · program services $381,868

  • 24b · Other expenses: Taxes and Fees

    total $200 · program services $200

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,408,648 · end of year $2,469,491

  • 3 · Pledges and grants receivable

    beginning of year $262,000 · end of year $24,458

  • 17 · Accounts payable and accrued expenses

    beginning of year $628,249 · end of year $397,725

  • 27 · Net assets without donor restrictions

    beginning of year $1,633,180 · end of year $1,873,670

  • 28 · Net assets with donor restrictions

    beginning of year $409,219 · end of year $222,554

Mission and programs · 2023

Mission

The Chargers Impact Fund is committed to helping families thrive in and around Southern California. We focus our efforts through our four important foundational pillars: Youth Empowerment, Supporting Families, Animal Welfare and Emergency Response.

  • The Chargers Impact Fund has supported Southern California through our mission and impact areas for more than two decades. Our programs such as Bolts Book Club has provided more than 15,000 books to schools, students, and nonprofits to help address the literacy epidemic. Through the Bolt Academy program, more than 50 Inglewood Unified School District students have received leadership and career development training along with the opportunity to work with the Chargers on gameday. In addition, the Chargers Champions program has continued to provide schools with grants to improve facilities and the health and well-being of students in San Diego and Imperial Counties.

    Expenses $1,014,194

As filed on the 2023 return.

Listed in Part VII

  • John Spanos

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Janice Brown

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Larry English

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • AG Spanos

    President

    Total calculated
    $0
    Hours/week
    1

  • Tim Romer

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Sharon Hernandez

    Secretary

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
12 September 2024
IRS schema version
2023v5.1
Source object
202442569349300619

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

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