Form 990 for tax year 2023
Filed by BEAT THE STREETS - LOS ANGELES INC.
Totals
- Total revenue
- $840,798
- Total expenses
- $767,684
- Contributions and grants received
- $787,074
- Grants paid
- $40,750
- Program service revenue
- $0
- Investment income
- $76,140
- Other revenue
- -$22,416
- Total assets, end of year
- $2,395,179
- Total liabilities, end of year
- $84
- Net assets or fund balances, end of year
- $2,395,095
- Program services expenses (Part IX)
- $641,373
- Management and general expenses
- $89,264
- Fundraising expenses
- $37,047
- Program service expenses (Part III)
- $641,373
Program services were 83.5% 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.
-
1f · All other contributions, gifts and grants
$787,074
-
1g · Noncash contributions included above
$380,722
-
3 · Investment income
total $39,878 · excluded $39,878
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $432,745 · other assets $34,724
-
7b · Less cost or other basis and sales expenses
securities $431,207
-
7c · Gain or loss
securities $1,538 · other assets $34,724
-
7d · Net gain or loss
total $36,262 · related or exempt $1,538 · excluded $34,724
-
8b · Fundraising events: direct expenses
$22,416
-
8c · Net income from fundraising events
total -$22,416
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $20,750 · program services $20,750
-
2 · Grants to domestic individuals
total $20,000 · program services $20,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $226,000 · program services $178,400 · management and general $18,750 · fundraising $28,850
-
8 · Pension plan contributions
total $6,082 · program services $4,804 · management and general $487 · fundraising $791
-
9 · Other employee benefits
total $36,567 · program services $28,888 · management and general $2,926 · fundraising $4,753
-
10 · Payroll taxes
total $17,671 · program services $13,960 · management and general $1,414 · fundraising $2,297
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $25,765 · management and general $25,765
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $7,500 · management and general $7,500
-
11g · Fees: other
total $169,660 · program services $166,776 · management and general $2,528 · fundraising $356
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $548 · program services $274 · management and general $274
-
14 · Information technology
total $330 · program services $165 · management and general $165
-
15 · Royalties
total $0
-
16 · Occupancy
total $270 · management and general $270
-
17 · Travel
total $8,589 · management and general $8,589
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $8,960 · management and general $8,960
-
23 · Insurance
total $14,568 · program services $10,926 · management and general $3,642
-
24a · Other expenses: BTS NATIONAL CHAMP
total $55,591 · program services $55,591
-
24b · Other expenses: FACILITY PERMITS
total $25,616 · program services $25,616
-
24c · Other expenses: APPAREL
total $20,887 · program services $20,887
-
24d · Other expenses: CAMP EXPENSES
total $19,165 · program services $19,165
-
24e · All other expenses
total $83,165 · program services $75,171 · management and general $7,994
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $174,613 · end of year $157,288
-
2 · Savings and temporary cash investments
beginning of year $6,316 · end of year $33,491
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$203,068
-
10b · Land, buildings and equipment: accumulated depreciation
$201,012
-
10c · Land, buildings and equipment, net
beginning of year $11,016 · end of year $2,056
-
11 · Investments: publicly traded securities
beginning of year $1,772,717 · end of year $2,202,344
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $302 · end of year $84
-
27 · Net assets without donor restrictions
beginning of year $186,339 · end of year $98,088
-
28 · Net assets with donor restrictions
beginning of year $1,778,021 · end of year $2,297,007
Mission and programs · 2023
Mission
Beat The Streets-LA cultivates youth development in underserved communities by encouraging a desire for excellence, respect, leadership, integrity, and perseverance through the instruction of quality wrestling programs.
-
ORGANIZED AND OPERATES WRESTLING-CENTERED YOUTH DEVELOPMENT PROGRAMS AT MIDDLE SCHOOLS, HIGH SCHOOLS AND COMMUNITY CENTERS IN UNDERSERVED AREAS OF THE GREATER LOS ANGELES AREA, AND THE BTSLA DOWNTOWN ACADEMY AT BELMONT HIGH SCHOOL IN THE DOWNTOWN LOS ANGELES AREA.
Expenses $641,373 · Grants $40,750
As filed on the 2023 return.
Listed in Part VII
-
ANDREW BARTH
President
- Total calculated
- $0
- Hours/week
- 5
-
TOM HAZELL
Director
- Total calculated
- $0
- Hours/week
- 2
-
BRIAN GUERRERO
Director
- Total calculated
- $0
- Hours/week
- 2
-
JEFF NEWMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
TOM SLOWEY
Director
- Total calculated
- $0
- Hours/week
- 2
-
ANDY REDMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
SAM GOLDFEDER
Director
- Total calculated
- $0
- Hours/week
- 2
-
DAN HYMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
SALLY ROBERTS
Director
- Total calculated
- $0
- Hours/week
- 2
-
LAURA STEIN
Director
- Total calculated
- $0
- Hours/week
- 2
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 26 March 2024
- IRS schema version
- 2023v5.0
- Source object
- 202410869349301141
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