Totals
- Total revenue
- $2,115,855
- Total expenses
- $321,885
- Contributions and grants received
- $2,041,022
- Grants paid
- $0
- Program service revenue
- $180
- Investment income
- $6,524
- Other revenue
- $68,129
- Total assets, end of year
- $2,567,037
- Total liabilities, end of year
- $6,966
- Net assets or fund balances, end of year
- $2,560,071
- Program services expenses (Part IX)
- $158,576
- Management and general expenses
- $163,309
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $158,576
Program services were 49.3% 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
$2,041,022
-
2a · Program service revenue: Camp Fees
total $180 · unrelated business $180
-
3 · Investment income
total $6,524 · related or exempt $6,524
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $31,716
-
6b · Less rental expenses
real property $65,119
-
6c · Rental income or loss
real property -$33,403
-
6d · Net rental income or loss
total -$33,403 · unrelated business -$33,403
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$111,617
-
8b · Fundraising events: direct expenses
$10,085
-
8c · Net income from fundraising events
total $101,532
-
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 $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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $44,883 · management and general $44,883
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $4,176 · management and general $4,176
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $75 · management and general $75
-
11c · Fees: accounting
total $4,890 · management and general $4,890
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $784 · management and general $784
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $811 · management and general $811
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $32,725 · program services $25,375 · management and general $7,350
-
17 · Travel
total $607 · management and general $607
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $24,442 · management and general $24,442
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $32,214 · management and general $32,214
-
23 · Insurance
total $15,325 · management and general $15,325
-
24a · Other expenses: Outreach
total $115,931 · program services $115,931
-
24b · Other expenses: Auto Expenses
total $14,801 · management and general $14,801
-
24c · Other expenses: Program Expenses
total $14,209 · program services $14,209
-
24d · Other expenses: Storage
total $3,417 · management and general $3,417
-
24e · All other expenses
total $12,595 · program services $3,061 · management and general $9,534
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $692,157 · end of year $1,169,010
-
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 $6,703 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$1,487,663
-
10b · Land, buildings and equipment: accumulated depreciation
$110,957
-
10c · Land, buildings and equipment, net
beginning of year $23,531 · end of year $1,376,706
-
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 $19,611
-
15 · Other assets
beginning of year $43,710 · end of year $1,710
-
17 · Accounts payable and accrued expenses
end of year $3,359
-
25 · Other liabilities
end of year $3,607
-
27 · Net assets without donor restrictions
beginning of year $766,101 · end of year $2,560,071
Mission and programs · 2023
Mission
LOT318 stands for "Loving Others in Truth" inspired from "Let us not love with words or speech but with actions and in truth". LOT318 accomplishes this by empowering at-risk youth in two Placentia communities. We encourage them to see their worth and purpose in this world through various events, service opportunities, and community building experiences. We challenge everyone to serve others in their community and make a difference among their peers. We value and believe in the importance of education. Our vision statement is to invest in a child, change a generation, and build a community. Our goal is to provide opportunities that these neighborhoods may never have had, so that our LOT318 communities value the resources available to them so that they will become positive influences and forces in our world. We strive to love others in truth!
Activities or mission (Part I)
ACCORDING TO LOCAL POLICE, THERE ARE THREE TURF GANGS IN THE CITY OF PLACENTIA AND AT ANY GIVEN TIME, THEY HAVE APPROXIMATELY 75-150 MEMBERS. THE LOT318'S AIM IS TO ENTICE AT-RISK YOUTH AWAY FROM GANG ACTIVITY AND PROVIDE POSITIVE, PRODUCTIVE, AND CONSTRUCTIVE PROGRAMS TO THESE COMMUNITIES WHILE IMPROVING THEIR EDUCATIONAL PERFORMANCES. SINCE LOT318'S INVOLVEMENT, GANG ACTIVITY HAS DECREASED AND SHIFTED AWAY FROM THESE NEIGHBORHOODS, AND MANY OF LOT318'S STUDENTS ARE NOW EXCELLING IN SCHOOL AS WELL AS INDIVIDUALLY!IN ADDITION, THE FOUNDING GEOGRAPHICAL LOCATIONS OF LOT318 WAS STRATEGICALLY PLANNED. LOT318-CYPRESS STREET IS IN THE HEART OF THE LA JOLLA STREET GANG COMMUNITY, SURROUNDED BY APPROXIMATELY 5,000 HOMES AND APARTMENTS IN PLACENTIA. LOT318-GOMEZ CENTER HAS APPROXIMATELY 125 HOMES AND IS LOCATED ADJACENT TO THE ATWOOD STREET GANG COMMUNITY. THESE TWO COMMUNITIES ARE ALSO KNOWN AS "DESERT COMMUNITIES," MEANING THEY HAVE LIMITED ACCESS TO THE LARGER PARTS OF THE CITY, SUCH AS GRO
-
LOT318 is investing in a child, changing a generation, and building a community by loving others in truth.
Expenses $158,576 · Revenue $2,109,331
As filed on the 2023 return.
Listed in Part VII
-
Savana Beal
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Daryl Mayfield
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Laura Muniz
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Jay Scott
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Rhonda Shader
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Ward Smith
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Greg Welburn
Board Member
- Total calculated
- $0
- Hours/week
- 0
-
Leticia Gali
CEO
- 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
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433209349321473
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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