Oscar Litwak Foundation is located in Tarzana, CA. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oscar Litwak Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Oscar Litwak Foundation generated $80.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $41.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE MOBILE PLAYROOMS, CARRYING TOYS, CRAFTS ETC. WHICH ARE SUPPLIED TO PEDIATRIC INSTITUTIONS THAT DO NOT HAVE THESE FACILITIES FOR CHILDREN WITH PHYSICAL LIMITATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Roberto Litwak President | 5 | $0 | |
Felicia Greenspan Director | 2 | $0 | |
Belinda Hammond Director | 2 | $0 | |
Gayle Liker Director | 2 | $0 | |
Sharon Litwak Executive Dir. | 10 | $16,240 | |
Mara Pressman Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $80,843 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $80,843 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,650 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,182 |
Other expenses | $23,042 |
Total expenses | $41,874 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $100,996 |
Other assets | $0 |
Total assets | $134,131 |
Total liabilities | $5,173 |
Net assets or fund balances | $128,958 |