Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $598,946

• 1f · All other contributions, gifts and grants

  $3,326,526

• 1g · Noncash contributions included above

  $164,919

• 3 · Investment income

  total $450,935 · excluded $450,935

• 7a · Gross sales of assets other than inventory

  securities $2,019,300

• 7b · Less cost or other basis and sales expenses

  securities $1,563,918

• 7c · Gain or loss

  securities $455,382

• 7d · Net gain or loss

  total $455,382 · excluded $455,382

• 8a · Fundraising events: gross income

  $35,955

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

  $598,946

• 8b · Fundraising events: direct expenses

  $140,042

• 8c · Net income from fundraising events

  total -$104,087 · excluded -$104,087

• 10a · Gross sales of inventory

  $40,196

• 10b · Cost of goods sold

  $38,523

• 10c · Net income from sales of inventory

  total $1,673 · excluded $1,673

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,279,113 · program services $2,279,113

• 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 $253,269 · program services $63,319 · management and general $37,990 · fundraising $151,960

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $349,067 · program services $156,509 · management and general $98,299 · fundraising $94,259

• 8 · Pension plan contributions

  total $6,907 · program services $3,653 · management and general $2,314 · fundraising $940

• 9 · Other employee benefits

  total $34,460 · program services $14,370 · management and general $8,988 · fundraising $11,102

• 10 · Payroll taxes

  total $43,295 · program services $15,998 · management and general $9,927 · fundraising $17,370

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $0

• 11c · Fees: accounting

  total $89,617 · management and general $89,617

• 11d · Fees: lobbying

  total $0

• 11f · Fees: investment management

  total $27,880 · management and general $27,880

• 11g · Fees: other

  total $0

• 12 · Advertising and promotion

  total $2,010 · program services $1,005 · fundraising $1,005

• 13 · Office expenses

  total $39,518 · program services $14,447 · management and general $9,385 · fundraising $15,686

• 14 · Information technology

  total $19,945 · program services $7,198 · management and general $3,805 · fundraising $8,942

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $0

• 17 · Travel

  total $6,125 · program services $2,262 · management and general $1,406 · fundraising $2,457

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $10,360 · management and general $10,360

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $10,169 · program services $3,758 · management and general $2,331 · fundraising $4,080

• 23 · Insurance

  total $8,065 · program services $2,980 · management and general $1,849 · fundraising $3,236

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $30,076 · program services $14,301 · management and general $6,862 · fundraising $8,913

• 24b · Other expenses: BANK AND MERCHANT FEES

  total $19,308 · program services $1,333 · management and general $16,528 · fundraising $1,447

• 24c · Other expenses: FRIENDS OF LAFD EXPENSES

  total $16,368 · fundraising $16,368

• 24e · All other expenses

  total $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $978,548 · end of year $1,504,932

• 2 · Savings and temporary cash investments

  beginning of year $9,747,076 · end of year $10,659,761

• 3 · Pledges and grants receivable

  beginning of year $60,000 · end of year $205,073

• 9 · Prepaid expenses and deferred charges

  beginning of year $3,515 · end of year $1,642

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

  $61,118

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

  $61,118

• 10c · Land, buildings and equipment, net

  beginning of year $10,170

• 14 · Intangible assets

  beginning of year $145,800 · end of year $97,200

• 17 · Accounts payable and accrued expenses

  beginning of year $100,114 · end of year $86,903

• 19 · Deferred revenue

  beginning of year $15,000 · end of year $42,000

• 21 · Escrow or custodial account liability

  beginning of year $1,046,396

• 27 · Net assets without donor restrictions

  beginning of year $9,068,265 · end of year $10,232,372

• 28 · Net assets with donor restrictions

  beginning of year $715,334 · end of year $2,107,333

The filer's explanations (Part III)

Part I Line 7

THE EXECUTIVE COMMITTEE OF THE BOARD DISCUSSES AND APPROVES THE BONUS OF THE PRESIDENT.