Skip to content
Nonprofiteer
← P F BRESEE FOUNDATION

Form 990 for tax year 2024

Filed by P F BRESEE FOUNDATION.

Totals

Total revenue
$5,412,437
Total expenses
$5,183,566
Contributions and grants received
$5,391,070
Grants paid
$340,141
Program service revenue
$0
Investment income
$58,359
Other revenue
-$36,992
Total assets, end of year
$5,456,921
Total liabilities, end of year
$272,528
Net assets or fund balances, end of year
$5,184,393
Program services expenses (Part IX)
$4,125,055
Management and general expenses
$609,762
Fundraising expenses
$448,749
Program service expenses (Part III)
$4,125,055

Program services were 79.6% 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

    $166,776

  • 1e · Government grants (contributions)

    $3,245,650

  • 1f · All other contributions, gifts and grants

    $1,978,644

  • 1g · Noncash contributions included above

    $33,972

  • 3 · Investment income

    total $58,359 · excluded $58,359

  • 6a · Gross rents

    real property $4,050

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $4,050

  • 6d · Net rental income or loss

    total $4,050 · excluded $4,050

  • 8a · Fundraising events: gross income

    $45,815

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

    $166,776

  • 8b · Fundraising events: direct expenses

    $86,857

  • 8c · Net income from fundraising events

    total -$41,042 · excluded -$41,042

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $340,141 · program services $340,141

  • 5 · Compensation of officers, directors and key employees

    total $299,626 · program services $99,323 · management and general $150,642 · fundraising $49,661

  • 7 · Other salaries and wages

    total $2,771,033 · program services $2,256,478 · management and general $221,116 · fundraising $293,439

  • 9 · Other employee benefits

    total $185,082 · program services $146,767 · management and general $19,927 · fundraising $18,388

  • 10 · Payroll taxes

    total $237,462 · program services $182,528 · management and general $28,568 · fundraising $26,366

  • 11c · Fees: accounting

    total $44,866 · program services $30,201 · management and general $9,295 · fundraising $5,370

  • 11g · Fees: other

    total $281,721 · program services $189,637 · management and general $58,365 · fundraising $33,719

  • 13 · Office expenses

    total $57,317 · program services $32,749 · management and general $23,764 · fundraising $804

  • 16 · Occupancy

    total $154,783 · program services $133,531 · management and general $21,252

  • 17 · Travel

    total $29,366 · program services $17,600 · management and general $6,284 · fundraising $5,482

  • 19 · Conferences, conventions and meetings

    total $39,534 · program services $16,255 · management and general $19,172 · fundraising $4,107

  • 22 · Depreciation, depletion and amortization

    total $212,707 · program services $181,226 · management and general $31,481

  • 23 · Insurance

    total $63,066 · program services $54,048 · management and general $9,018

  • 24a · Other expenses: Support Services

    total $223,966 · program services $223,966

  • 24b · Other expenses: Supplies & Emergency Fu

    total $219,292 · program services $207,118 · management and general $7,139 · fundraising $5,035

  • 24c · Other expenses: Equipment & Maintenance

    total $17,226 · program services $13,487 · management and general $3,739

  • 24e · All other expenses

    total $6,378 · fundraising $6,378

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,306,013 · end of year $1,003,730

  • 2 · Savings and temporary cash investments

    beginning of year $0 · end of year $772,940

  • 3 · Pledges and grants receivable

    beginning of year $974,157 · end of year $974,732

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,449 · end of year $27,462

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

    $4,795,502

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

    $2,117,445

  • 10c · Land, buildings and equipment, net

    beginning of year $2,886,289 · end of year $2,678,057

  • 17 · Accounts payable and accrued expenses

    beginning of year $242,386 · end of year $224,123

  • 25 · Other liabilities

    beginning of year $0 · end of year $48,405

  • 27 · Net assets without donor restrictions

    beginning of year $4,677,555 · end of year $4,941,126

  • 28 · Net assets with donor restrictions

    beginning of year $277,967 · end of year $243,267

Mission and programs · 2024

Mission

Bresee battles poverty by empowering youth and families in LA with the skills, resources and relationships necessary to thrive.

Activities or mission (Part I)

Empowering youth & families in L.A. with skills, resources, & relationships to thrive.

  • Youth Programs: Bresee provides high-quality, after-school programs for over 1,000 low-income youth in its 15,000 square foot community center in central Los Angeles annually. Middle School programming includes safe passage, homework assistance, tutoring, and enrichment including arts, dance, theater, and athletics. High School programming includes technology and STEAM programming in its state of the art Teen Tech center, career readiness, paid internships, college preparation, and college scholarships. Bresee has provided over $1 million in college scholarships to its alumni. Finally, Bresee's sports leadership department provides sports based youth development and leagues for over 600 youth annually.

    Expenses $1,854,987 · Grants $84,632

  • Family Services: Provides intensive, wrap-around support for the families of the youth Bresee serves, and social and economic stability for the community at large. Last year, the team served over 5,000 adults, helping them increase their aggregate income by over $2.8 million. Programs include emergency food and rental assistance, transportation assistance, parenting classes, academic case management, ESL classes, financial literacy and coaching, volunteer income tax assistance (VITA), immigration consultation and workshops, computer classes for adults, and referrals to a variety of social services. In addition, Bresee's intergenerational programs engage senior citizens through community building and connection with youth.

    Expenses $1,677,892 · Grants $255,509

  • Gang Prevention: As the lead provider for the City of LA's Gang Reduction & Youth Development (GRYD) Olympic zone, Bresee prevents over 100 10-15 year old youth, most at-risk, from joining gangs annually. Programs include intensive case management, high-quality youth development activities, and family counseling. In addition, through Summer Night Lights (SNL) Bresee's GRYD team keeps local LA parks open with safe activities during summer months, including food distribution and youth development activities for over 300 youth and families.

    Expenses $592,176

As filed on the 2024 return.

Listed in Part VII

  • Rich Orosco

    Board Chair

    Total calculated
    $0
    Hours/week
    2
  • Maki Villacarillo

    Board Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • Heidi Feng

    Board Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Juan Fontenla

    Board Secretary (Until June)

    Total calculated
    $0
    Hours/week
    2
  • Craig Beatty

    Director

    Total calculated
    $0
    Hours/week
    2
  • Tim Martin

    Director

    Total calculated
    $0
    Hours/week
    2
  • Chris Garcia

    Director

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Brown

    Director

    Total calculated
    $0
    Hours/week
    2
  • Linda Kim

    Director

    Total calculated
    $0
    Hours/week
    2
  • Ani Jinian

    Director

    Total calculated
    $0
    Hours/week
    2
  • Ramon Pack III

    Director

    Total calculated
    $0
    Hours/week
    2
  • Mirei Takashima Claremon

    Director

    Total calculated
    $0
    Hours/week
    2
  • Remco Waller

    Director

    Total calculated
    $0
    Hours/week
    2
  • John Torres

    Director

    Total calculated
    $0
    Hours/week
    2
  • Frank Chen

    Director

    Total calculated
    $0
    Hours/week
    2
  • Jose Puentes-Adame

    Director

    Total calculated
    $0
    Hours/week
    2
  • Seth Eklund

    Executive Director

    Total calculated
    $156,435
    From this org
    $152,128
    From related orgs
    $0
    Other
    $4,307
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,128
    Bonus
    $0
    Other
    $0
    Deferred
    $4,307
    Nontaxable benefits
    $0
    Filer's total
    $156,435
  • Rene Lopez

    Operations Director

    Total calculated
    $132,721
    From this org
    $129,039
    From related orgs
    $0
    Other
    $3,682
    Hours/week
    40
  • Dunia PerichAssociate

    Executive Director

    Total calculated
    $114,386
    From this org
    $114,386
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Roxanna Bartlett

    Development Director

    Total calculated
    $126,462
    From this org
    $126,462
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
17 March 2026
IRS schema version
2024v5.5
Source object
202630769349301753

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

The source document this was parsed from is served over the API, which is where bulk and document access live.