Greater Los Angeles Education Foundation
- Assets
- $4.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 6
- Location
- Downey, CA
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 47-4426889
Organization Overview
Greater Los Angeles Education Foundation is located in Downey, CA. The organization was established in 2016. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Greater Los Angeles Education Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Los Angeles Education 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 06/2022, Greater Los Angeles Education Foundation generated $3.4m in total revenue. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 102.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
GREATER LOS ANGELES EDUCATION FOUNDATION (GLA) IS THE PREMIER PHILANTHROPIC PARTNER OF THE LOS ANGELES COUNTY OFFICE OF EDUCATION (LACOE). GLA IS DEDICATED TO PROVIDING RESOURCES TO LACOE AS IT SERVES STUDENTS, SUPPORTS COMMUNITIES, AND LEADS EDUCATORS. GLA WORKS WITH SCHOOL DISTRICTS AND OTHER PARTNERS TO COUNTY OFFICE OF EDUCATION (LACOE) AS IT SERVES STUDENTS, SUPPORTSCOMMUNITIES, AND LEADS EDUCATORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMATIC WORK-THE FOUNDATION SECURED GRANT FUNDING TO SUPPORT A NUMBER OF PROGRAMMATIC ENDEAVORS. THIS INCLUDED RECEIVING A MULTI-YEAR COMMITMENT TO EXPAND COMMUNITY SCHOOLS ACROSS CALIFORNIA; INCREASE THE NUMBER OF HIGH-QUALITY COMMUNITY SCHOOLS IN LA COUNTY; POSITION LACOE TO SERVE AS A TECHNICAL ASSISTANCE PROVIDER TO SCHOOLS, DISTRICTS OR LEAS, AND OTHER COUNTY OFFICES OF EDUCATION ACROSS CA TO ADOPT THE MODEL IN NEW GEOGRAPHIES; AND DEVELOP AND IMPLEMENT AN ADVOCACY STRATEGY FOR STATE AND FEDERAL POLICY TO SUPPORT ONGOING TECHNICAL ASSISTANCE, SUSTAINABILITY AND EXPANSION OF COMMUNITY SCHOOLS.
LEADERSHIP PROGRAMSFUNDS IN THIS CATEGORY ARE SPECIFIC TO ACTIVITIES FOR LACOE'S LEADERSHIP AND OBJECTIVES. FOR EXAMPLE, FUNDS ARE USED ANNUALLY FOR LACOE'S SUPERINTENDENT'S PROFESSIONAL COLLABORATIVE CONFERENCE. RECOGNITION/SCHOLARSHIPSFUNDS SUPPORT LACOE SCHOLARSHIP PROGRAMS TO RECOGNIZE STUDENTS AND TO SUPPORT THOSE PURSUING POST-SECONDARY EDUCATION AND TRAINING. PROGRAMS INCLUDE THE MIGRANT EDUCATION SCHOLARSHIPS AND THE BILINGUAL DIRECTORS' SCHOLARSHIPS.
THE FOUNDATION PROVIDED SUPPORT FOR, AMONG OTHER THINGS, THE DEVELOPMENT OF THE PATHWAY TO PROFICIENCY: IMPLEMENTING THE ENGLISH LEARNER ROADMAP IN LOS ANGELES COUNTY AND THE DEVELOPING COMMUNITY SCHOOLS IN LOS ANGELES: A TOOLKIT FOR SCHOOL AND DISTRICT LEADERS, AND LACOE'S COMMUNITY SCHOOLS WEBSITE DESIGN.
IN FULFILLMENT OF ITS ROLE AS LACOE'S PREMIER PHILANTHROPIC PARTNER, THE FOUNDATION RAISED AND COLLECTED FUNDS TO SUPPORT LACOE EVENTS FOR STUDENTS, TEACHERS, ADMINISTRATORS, AND EDUCATION LEADERS, FOR EXAMPLE, TEACHER OF THE YEAR AND ACADEMIC DECATHLON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Duardo Director | Trustee | 4 | $0 |
Chris Steinhauser Director | Trustee | 2 | $0 |
Monte E Perez Chair | OfficerTrustee | 2 | $0 |
Gloria Rogers Treasurer | OfficerTrustee | 4 | $0 |
Candace Bond Mckeever Director | Trustee | 2 | $0 |
Elizabeth Graswich Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $79,724 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,298,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,378,295 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$25,166 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,353,129 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $187,729 |
| Grants and other assistance to domestic individuals. | $10,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,290 |
| Compensation of current officers, directors, key employees. | $35,468 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $326,015 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,261 |
| Payroll taxes | $61,246 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,804 |
| Fees for services: Accounting | $32,208 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $251,895 |
| Advertising and promotion | $0 |
| Office expenses | $7,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $12,597 |
| 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 | $8,076 |
| Insurance | $8,978 |
| All other expenses | $31,151 |
| Total functional expenses | $1,158,221 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,518,050 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,279 |
| 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 | $2,584 |
| Net Land, buildings, and equipment | $225 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,524,138 |
| Accounts payable and accrued expenses | $103,965 |
| 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 | $103,965 |
| Net assets without donor restrictions | $862,469 |
| Net assets with donor restrictions | $3,557,704 |
| 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 | $4,524,138 |