Wclp Endowment Foundation is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (R11) the organization is classified as: Single Organization Support, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wclp Endowment 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, Wclp Endowment Foundation generated $78.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $180.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT WESTERN CENTER ON LAW AND POVERTY, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SUPPORTING ORGANIZATION TO WCLP, AND DRIVEN BY THE BELIEF THAT LOW-INCOME CALIFORNIANS DESERVE THE FINEST POSSIBLE LEGAL REPRESENTATION BEFORE EVERY INSTITUTION THAT SHAPES THEIR LIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard J Steinberg Secretary/treasurer | OfficerTrustee | 0.2 | $0 |
Crystal D Crawford Executive Dir./president | Officer | 0.5 | $0 |
Steve Atlee Board Member | Trustee | 0.2 | $0 |
Dale Nelson Board Member | Trustee | 0.2 | $0 |
Pegine E Grayson Board Member | Trustee | 0.2 | $0 |
Larry Title Board Member | Trustee | 0.2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $78,737 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $78,737 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $180,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $68 |
Total functional expenses | $180,068 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $810 |
Savings and temporary cash investments | $69,096 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $4,778,871 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $4,848,777 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $4,848,777 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $4,848,777 |
Beg. Balance | $4,401,171 |
Earnings | $627,674 |
Admin Expense | $68 |
Grants | $180,000 |
Ending Balance | $4,848,777 |
Organization Name | Assets | Revenue |
---|---|---|
Heising-Simons Action Fund Los Altos, CA | $5,883,828 | $24,516,493 |
Californians For Affordable And Reliable Energy - Care San Rafael, CA | $96,275 | $0 |
Justice At Last Inc San Carlos, CA | $516,070 | $955,491 |
Siderman Family Foundation Henderson, NV | $5,566 | $191,800 |
Wclp Endowment Foundation Los Angeles, CA | $4,848,777 | $78,737 |
Prism Foundation Oakland, CA | $150,446 | $0 |
Stand Up 4 Nurses San Francisco, CA | $9,836 | $0 |
Kasem Cares Inc Encino, CA | $10,276 | $0 |
Friends Of@washoe County Child Advocacy Center Reno, NV | $272,121 | $0 |
Howard Eikenberry Jenson Lectures On Sociology & Social Action Tr Ua Las Vegas, NV | $396,709 | $47,055 |
Moving Forward Together Pearl City, HI | $255,690 | $0 |
Nevada Firearms Coalition Foundation North Las Vegas, NV | $42,682 | $0 |