Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $42,000

• 1e · Government grants (contributions)

  $1,155,479

• 1f · All other contributions, gifts and grants

  $364,106

• 2a · Program service revenue: CONSULTATION FEES

  total $106,282 · related or exempt $106,282

• 3 · Investment income

  total $43,025 · excluded $43,025

• 5 · Royalties

  total $1,686 · excluded $1,686

• 8a · Fundraising events: gross income

  $3,610

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

  $42,000

• 8b · Fundraising events: direct expenses

  $19,052

• 8c · Net income from fundraising events

  total -$15,442 · excluded -$15,442

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $897,800 · program services $827,686 · management and general $35,057 · fundraising $35,057

• 8 · Pension plan contributions

  total $15,977 · program services $14,645 · management and general $666 · fundraising $666

• 9 · Other employee benefits

  total $99,261 · program services $90,981 · management and general $4,140 · fundraising $4,140

• 10 · Payroll taxes

  total $75,173 · program services $68,903 · management and general $3,135 · fundraising $3,135

• 11c · Fees: accounting

  total $40,351 · management and general $40,351

• 11f · Fees: investment management

  total $13,638 · management and general $13,638

• 11g · Fees: other

  total $74,399 · program services $68,796 · management and general $5,603

• 12 · Advertising and promotion

  total $1,500 · program services $894 · management and general $188 · fundraising $418

• 13 · Office expenses

  total $54,606 · program services $53,234 · management and general $1,372

• 14 · Information technology

  total $31,644 · program services $29,638 · management and general $2,006

• 16 · Occupancy

  total $47,133 · program services $43,910 · management and general $3,223

• 17 · Travel

  total $5,884 · program services $3,507 · management and general $1,438 · fundraising $939

• 19 · Conferences, conventions and meetings

  total $1,575 · program services $939 · management and general $197 · fundraising $439

• 22 · Depreciation, depletion and amortization

  total $1,609 · program services $959 · management and general $201 · fundraising $449

• 23 · Insurance

  total $40,558 · program services $40,031 · management and general $527

• 24a · Other expenses: FOOD

  total $4,051 · program services $3,774 · management and general $277 · fundraising $0

• 24b · Other expenses: MEMBERSHIPS & DUES

  total $3,389 · program services $2,020 · management and general $424 · fundraising $945

• 24c · Other expenses: SUBSCRIPTIONS

  total $1,857 · program services $1,107 · management and general $232 · fundraising $518

• 24d · Other expenses: TAXES AND LICENSES

  total $853 · program services $507 · management and general $107 · fundraising $239

• 24e · All other expenses

  total $26,077 · program services $21,707 · management and general $4,370

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $610,575 · end of year $771,241

• 2 · Savings and temporary cash investments

  beginning of year $67,273 · end of year $41,291

• 3 · Pledges and grants receivable

  end of year $195,079

• 4 · Accounts receivable

  beginning of year $153,200 · end of year $50,214

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,470 · end of year $6,148

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

  $65,809

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

  $60,211

• 10c · Land, buildings and equipment, net

  beginning of year $7,208 · end of year $5,598

• 11 · Investments: publicly traded securities

  beginning of year $2,245,989 · end of year $1,912,261

• 15 · Other assets

  beginning of year $0 · end of year $48,783

• 17 · Accounts payable and accrued expenses

  beginning of year $65,131 · end of year $92,993

• 19 · Deferred revenue

  beginning of year $43,119 · end of year $269,028

• 21 · Escrow or custodial account liability

  beginning of year $97,884 · end of year $97,884

• 24 · Unsecured notes and loans payable

  beginning of year $168,225 · end of year $0

• 25 · Other liabilities

  beginning of year $15,128 · end of year $0

• 27 · Net assets without donor restrictions

  beginning of year $1,313,343 · end of year $1,389,429

• 28 · Net assets with donor restrictions

  beginning of year $1,391,885 · end of year $1,181,281

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION IS APPROVED BY RELATED ORGANIZATION, LACBA BOARD OF TRUSTEES THROUGH ITS COMPENSATION COMMITTEE.