Form 990 for tax year 2024

Totals

Total revenue

$681,144

Total expenses

$938,001

Contributions and grants received

$717,857

Grants paid

$549,075

Program service revenue

$0

Investment income

$0

Other revenue

-$36,713

Total assets, end of year

$812,316

Total liabilities, end of year

$1,063,722

Net assets or fund balances, end of year

-$251,406

Program services expenses (Part IX)

$575,695

Management and general expenses

$358,943

Fundraising expenses

$3,363

Program service expenses (Part III)

$575,695

Program services were 61.4% 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.

Mission and programs · 2024

• SEE SCHEDULE O.TO SUPPORT UNDERSERVED LOS ANGELES YOUTH BY CREATING NEW SOCCER PITCHES, INCREASING ACCESS TO ATHLETIC PROGRAMS, SUPPORTING INNOVATIVE EDUCATIONAL PROGRAMS IN PUBLIC SCHOOLS, AND PROVIDING LEADERSHIP DEVELOPMENT AND MENTORSHIP SERVICES.BY LEVERAGING THE LAFC BRAND AND ITS DEDICATED, IMPASSIONED COMMUNITY OF FANS AND STAKEHOLDERS, THE FOUNDATION HAS POSITIVELY IMPACTED OVER 50,000 DISADVANTAGED PEOPLE AND UNDERSERVED YOUTH IN THE GREATER LOS ANGELES AREA. THIS INCLUDES THE DEVELOPMENT OF 45 FUTSAL COURTS BY END OF 2024, 6 COMPLETED IN 2024. OTHER PROGRAMS INCLUDE THE FUNDING OF THE YOUTH LEADERSHIP PROGRAM (YLP) AT THE BRESEE FOUNDATION, THE FALCON SCHOLARS PROGRAMS IN ADDITION TO PROVIDING ACCESS TO HEALTH AND WELLBEING SUPPORT THROUGH FREE SOCCER PROGRAMMING, MENTORSHIP AND EDUCATIONAL PROGRAMMING IN PARTNERSHIP WITH CITY YEAR, AND PROVIDE CAREER DEVELOPMENT OPPORTUNITIES. THE FOUNDATION ALSO SUPPORTED THE ALLIANCE, COLLABORATION OF 12 PROFESSIONAL SPORTS TEAMS IN GREATER LA, TO PURSUE CHANGE IN COMMUNITIES OF COLOR BY DRIVING INVESTMENT AND IMPACT FOR SOCIAL JUSTICE THROUGH SPORT. AND WE'RE EVEN PROUDER THAT WE COULD HOST TWO HIGH SCHOOL INTERNS FOR THE SUMMER.IN ADDITION, WE FUNDED 5 YOUTH SOCCER PROGRAMS IN THE GREATER LOS ANGELES COMMUNITY HELPING TO ELIMINATE THE PAY TO PLAY MODEL.

  Expenses $575,695 · Grants $549,075

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• US SOCCER FOUNDATION

  $162,275

  FUTSAL COURT PROJECT

• THE PLAY EQUITY FUND

  $100,000

  ALLIANCE: LA INITIATIVE

• PF BRESEE FOUNDATION

  $66,134

  LAFC YOUTH LEADERSHIP PROGRAM

• ZAINO TENNIS COURTS INC

  $54,925

  FUTSAL COURT BUILD CONTRACTOR

• THINKWATTS FOUNDATION

  $53,177

  SOCCER CLINICS & PROGRAMMING

• CITY YEAR INC

  $27,500

  MENTORSHIP PROGRAM SPONSORSHIP

• CALIFORNIA SCIENCE CENTER

  $25,000

  CALIFORNIA SCIENCE CENTER GALA

• JASON ALBAUGH DBA DUCHENNE BROTHERS FOUNDATION

  $15,000

  POWER SOCCER DONATION

• LOS ANGELES DODGERS FOUNDATION

  $12,943

  GALA

• HAWTHORNE SCHOOL DISTRICT

  $10,000

  FUTSAL COURT DONATION

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type

form_990

Tax year

2024

Filed

17 November 2025

IRS schema version

2024v5.2

Source object

202533219349311338

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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