Form 990 for tax year 2022
Filed by LOST ANGELS CHILDRENS PROJECT INC.
Totals
- Total revenue
- $1,828,872
- Total expenses
- $1,231,304
- Contributions and grants received
- $1,764,767
- Grants paid
- $0
- Program service revenue
- $62,361
- Investment income
- $19
- Other revenue
- $1,725
- Total assets, end of year
- $1,270,841
- Total liabilities, end of year
- $19,455
- Net assets or fund balances, end of year
- $1,251,386
- Program services expenses (Part IX)
- $916,341
- Management and general expenses
- $203,646
- Fundraising expenses
- $111,317
- Program service expenses (Part III)
- $916,341
Program services were 74.4% 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
$44,201
-
1e · Government grants (contributions)
$34,175
-
1f · All other contributions, gifts and grants
$1,686,391
-
1g · Noncash contributions included above
$5,920
-
2a · Program service revenue: Los Angeles County Office
total $19,188 · related or exempt $19,188
-
2b · Program service revenue: Work program income
total $43,173 · related or exempt $43,173
-
3 · Investment income
total $19 · related or exempt $19
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$78,683
-
8a · Fundraising events: contributions included on line 1c
$44,201
-
8b · Fundraising events: direct expenses
$78,683
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$1,725
-
10c · Net income from sales of inventory
total $1,725 · related or exempt $1,725
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
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 $114,437 · program services $68,662 · management and general $22,888 · fundraising $22,887
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $422,288 · program services $337,830 · management and general $42,229 · fundraising $42,229
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $19,739 · program services $15,791 · management and general $1,974 · fundraising $1,974
-
10 · Payroll taxes
total $48,352 · program services $38,682 · management and general $4,835 · fundraising $4,835
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $43,169 · management and general $43,169
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $48,508 · management and general $31,875 · fundraising $16,633
-
12 · Advertising and promotion
total $1,840 · program services $1,472 · management and general $184 · fundraising $184
-
13 · Office expenses
total $17,788 · program services $14,230 · management and general $1,779 · fundraising $1,779
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $161,277 · program services $129,022 · management and general $16,128 · fundraising $16,127
-
17 · Travel
total $1,349 · program services $1,079 · management and general $135 · fundraising $135
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $10 · management and general $10
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $16,021 · program services $12,817 · management and general $1,602 · fundraising $1,602
-
23 · Insurance
total $31,882 · management and general $31,882
-
24a · Other expenses: Youth Workforce Program
total $273,289 · program services $273,289
-
24b · Other expenses: Computer/software expenses
total $16,206 · program services $12,965 · management and general $1,621 · fundraising $1,620
-
24c · Other expenses: Automobile expenses
total $4,823 · program services $3,858 · management and general $483 · fundraising $482
-
24d · Other expenses: Paypal fees
total $3,580 · program services $2,864 · management and general $358 · fundraising $358
-
24e · All other expenses
total $6,746 · program services $3,780 · management and general $2,494 · fundraising $472
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $514,313 · end of year $883,636
-
2 · Savings and temporary cash investments
end of year $0
-
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
beginning of year $10,815 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$340,500
-
10b · Land, buildings and equipment: accumulated depreciation
$25,732
-
10c · Land, buildings and equipment, net
beginning of year $38,963 · end of year $314,768
-
11 · Investments: publicly traded securities
end of year $0
-
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
beginning of year $90,773 · end of year $72,437
-
25 · Other liabilities
beginning of year $1,046 · end of year $19,455
-
27 · Net assets without donor restrictions
beginning of year $653,818 · end of year $1,251,386
Mission and programs · 2022
Mission
Our mission is to provide service to disadvantaged youth, young adults, families, and distressed communities through innovative vocational training, social enterprise, and traditional outreach programs.
-
Lost Angels Children's Project (LACP) empowers and employs youth within the Antelope Valley community and the greater Los Angeles area by offering a paid vocational training program that provides a direct path to sustainable job placement. LACP program participants are socioeconomically disadvantaged, BIPOC, LGBTQIA+, single parents, young women, justice and/or foster system impacted transitional aged youth.LACP's main program offered is "The Work Program", a twelve week intensive industrial arts vocational training and skills development program. LACP has designed the curriculum with input from aerospace industry professional and employers to teach transferable skill sets in high demand career fields.Since inception, LACP has trained and mentored youth in the Antelope Valley area, and partnered with the City of Lancaster, LA County Office of Education, and America's job Center of California to create a classic car restoration social enterprise job training program. LACP offers paid vocational training for TAY youth, case management, barrier assessment, wrap-around support, job placement and retention services.In 2022, LACP provided direct services, training, case management, job placement, and/or supportive services for 243 youth. Many of our youth clients are in various stages of readiness in the ongoing case management process. Since inception of the Work Program, LACP has enrolled and graduated 160 students, 85 of which graduated during 2022. Within the Work Program, LACP has a 95% graduation rate and a 90% employment placement rate. In late 2022, LACP reopened its prior smaller facility, located roughly one mile from the main facility. This has allowed us to expand and serve 40 students per Cohort (25 at the Beech location; 15 at the Trevor location). This will allow our team to serve 120 youth in the Work Program annually, 40 per Cohort, three times per year.
Expenses $916,341
As filed on the 2022 return.
Listed in Part VII
-
Aaron Valencia
CEO
- Total calculated
- $114,437
- From this org
- $111,536
- From related orgs
- $0
- Other
- $2,901
- Hours/week
- 40
-
Holly Gollob-Stein
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Carl Sheaffer
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Jordan Scharf
Director
- Total calculated
- $0
- Hours/week
- 0
-
Maxx Cohen
Director
- Total calculated
- $0
- Hours/week
- 0
-
Christina Smith
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jim Waggaman
Director
- Total calculated
- $0
- Hours/week
- 0
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
- 2022
- Filed
- 6 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313169349300121
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