Friends Of@gala
- Assets
- $1.3m
- Revenue
- $991.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2016
- Data as of
- 06/2023
- EIN
- 81-2014188
Organization Overview
Friends Of@gala is located in Los Angeles, CA. The organization was established in 2016. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of@gala 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 06/2023, Friends Of@gala generated $991.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $649.0k during the year ending 06/2023. While expenses have increased by 26.1% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF GALA (FOGALA) IS SOLVING ECONOMIC AND GENDER DISPARITIES THAT EXIST WITHIN STEM FIELDS TODAY, BY REMOVING INTERPERSONAL, ACADEMIC AND FINANCIAL BARRIERS FOR ALL GIRLS WHO ATTEND GIRLS ACADEMIC LEADERSHIP ACADEMY.OUR VISION IS TO REMOVE PERSONAL AND EDUCATIONAL BARRIERS TO ACHIEVEMENT BY OPENING ACCESS TO RESOURCES, MENTORS AND OPPORTUNITIES FOR GIRLS, 6TH THROUGH 12TH GRADE, LIVING IN LOS ANGELES. WE ACHIEVE THIS BY RAISING AWARENESS, SECURING FUNDS, ADVOCATING FOR PUBLIC ALL-GIRLS EDUCATION IN STEM, AND CREATING CONNECTIONS FOR INDUSTRY LEADERS TO DIRECTLY IMPACT THEIR FUTURE.GALAS VISION IS TO ADDRESS THE PROJECTED WORKFORCE SHORTFALL OF ENGINEERS AND SCIENTISTS IN THE UNITED STATES, AND THE ONGOING GENDER AND RACIAL INEQUITIES IN STEM FIELDS. RECOGNIZING THAT ALL-GIRLS SCHOOLS BOOST THE ACADEMIC ACHIEVEMENT AND SELF-CONFIDENCE OF YOUNG WOMEN IN GENERAL, AND IN STEM EDUCATION IN PARTICULAR, GALA IS DESIGNED TO PROVIDE 6TH-12TH GRADE GIRLS WITH A CLEAR PATHWAY TO COLLEGE AN
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT SUPPORT: OTHER PROGRAM EXPENSES INCLUDE STUDENT SUPPORT IN THE FORM OF PROVIDING CHROMEBOOKS WITH CASES TO EVERY STUDENT; COVERING AP TESTING FEES; PROVIDING PRINCETON REVIEW SAT PREP FOR ALL OF OUR JUNIORS; FIELD TRIPS TO THE AQUARIUM OF THE PACIFIC, JA FINANCE PARK, LA CITY HALL, AND ENGINEERING COMPETITIONS AMONG OTHERS; SUPPLIES FOR GIFTED AND TALENTED EDUCATION (GATE) AND SPECIAL EDUCATION (RSP); SUMMER SCHOOL, INCLUDING OUR SCIENCE SLEUTHS CAMP, MIDDLE AND HIGH SCHOOL MATH ENRICHMENT PROGRAMS, AND PE; GRADUATION; AND OUR CIF ATHLETICS PROGRAM.
OPERATIONS: FOGALA PROVIDES OPERATIONS SUPPORT IN THE FORM OF PROFESSIONAL DEVELOPMENT, INCLUDING TRAVEL TO CONFERENCES; CAMPUS BEAUTIFICATION; ADMISSIONS STAFF AND SCHOOL TOURS; TEACHER APPRECIATION GIFTS AND LUNCHEONS; WEBSITE SOFTWARE; EVENTS COORDINATOR; CAMPUS EVENTS; AND OFFICE SUPPLIES.
ARTS & HUMANITIES: FOGALA PROVIDES SUPPORT IN THE FORM OF PARTIAL SALARIES FOR THE ARCHITECTURE AND DANCE TEACHERS; BROADCAST CAMERAS, WIRELESS MICS, LIGHTING, AND SOUNDBOARD; 3D PRINTER AND FILAMENT FOR ARCHITECTURE; 6 MACBOOKS WITH DIGITAL AUDIO STATIONS FOR THE MUSIC PROGRAM; REGISTRATION AND TRANSPORTATION TO THE CHORAL MUSIC FESTIVAL; GRAPHIC ARTS COMPUTER AND PROJECTOR; AND DIGITAL CAMERAS FOR THE YEARBOOK ELECTIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angelica Gomez President | OfficerTrustee | 5 | $0 |
Carolina Toro-Gerstein Vice President | OfficerTrustee | 5 | $0 |
Shanon Trygstad Secretary | OfficerTrustee | 5 | $0 |
Kim Toth Treasurer | OfficerTrustee | 5 | $0 |
Mazi O'leary Asst Treasurer | Trustee | 5 | $0 |
Tara Hiromura VP Grants | Trustee | 5 | $0 |
Financial Statements
| 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 | $911,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $911,525 |
| Total Program Service Revenue | $7,658 |
| Investment income | $10,092 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $62,552 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $991,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $800 |
| 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 | $114,107 |
| Total functional expenses | $649,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,222,260 |
| Savings and temporary cash investments | $0 |
| 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 | $48,228 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,270,488 |
| 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 | $3,908 |
| Total liabilities | $3,908 |
| Net assets without donor restrictions | $0 |
| 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 | $1,266,580 |
| Total liabilities and net assets/fund balances | $1,270,488 |