City Of Los Angeles Fleet Week Foundation
- Assets
- $292.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- San Pedro, CA
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-1471252
Organization Overview
City Of Los Angeles Fleet Week Foundation is located in San Pedro, CA. The organization was established in 2016. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Los Angeles Fleet Week 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, City Of Los Angeles Fleet Week Foundation generated $166.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $183.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 6 years. 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
THE PURPOSE OF CITY OF LOS ANGELES FLEET WEEK FOUNDATION IS TO FINANCIALLY SUPPORT LOS ANGELES FLEET WEEK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David P Bender Jr Secretary | 1 | $0 | |
Stephanie Stone Director | 1 | $0 | |
Doane Liu Director | 1 | $0 | |
Jonathan Williams President | 20 | $0 | |
Cdr Jeff Gorell Vice President | 5 | $0 | |
John Mcosker Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,764 |
| Total Program Service Revenue | $159,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,200 |
| Total Revenue | $165,964 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,900 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $180,150 |
| Total expenses | $183,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $286,768 |
| Other assets | $0 |
| Total assets | $292,768 |
| Total liabilities | $199,130 |
| Net assets or fund balances | $93,638 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that City Of Los Angeles Fleet Week Foundation has recieved totaling $47,512.
| Awarding Organization | Amount |
|---|---|
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: LOS ANGELES FLEET WEEK 2021 | $45,000 |
Levine Family Charitable Foundation Encino, CA PURPOSE: 2022 FLEET WEEK SUPPORT | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles County Fair Assn Fairgrounds Pomona, CA | $119,881,793 | $57,689,315 |
Alameda County Agricultural Fair Association Pleasanton, CA | $25,128,920 | $22,272,124 |
San Mateo County Expostion And Fair Association San Mateo, CA | $12,291,623 | $16,007,611 |
San Diego Comic Convention San Diego, CA | $43,401,363 | $7,260,590 |
Fairweather Foundation Minden, NV | $0 | $533,390 |
Southwestern Fair Commission Inc Tucson, AZ | $10,447,798 | $10,245,189 |
Sonoma County Fair & Exposition Inc Santa Rosa, CA | $17,626,127 | $9,756,365 |
Santa Clara County Fair Grounds Management Corporation Inc San Jose, CA | $6,944,822 | $8,647,044 |
California Hotel & Lodging Association Sacramento, CA | $2,645,077 | $3,327,105 |
Solano County Fair Association Vallejo, CA | $3,212,783 | $5,027,208 |
Palm Springs International Film Society Palm Springs, CA | $7,602,219 | $1,734,436 |
Christmas In The Park San Jose, CA | $1,177,728 | $2,488,885 |