Friends Of Micheltorena Inc
- Assets
- $195.3k
- Revenue
- $212.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 06/2017
- Data as of
- 06/2022
- EIN
- 81-4428143
Organization Overview
Friends Of Micheltorena Inc is located in Los Angeles, CA. The organization was established in 2017. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 Micheltorena Inc 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, Friends Of Micheltorena Inc generated $212.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $86.9k during the year ending 06/2022. 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
TO SUPPORT THE EDUCATION AND WELL-BEING OF CHILDREN AT MICHELTORENA ELEMENTARY SCHOOL THROUGH INCREASING PARENT AND COMMUNITY INVOLVEMENT WITH THE SCHOOL, ENRICHING THE EDUCATIONAL EXPERIENCE FOR THE KIDS, AND HELPING TO FILL THE GAP IN PUBLIC EDUCATION FUNDING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL AMITY PROGRAM - ADDITIONALLY, FOM PROVIDED CLOSE TO $41,714 FOR SCHOOL ENRICHMENT PROGRAMS INCLUDING VISUAL, ART, AND THEATER CLASSES AND FIVE SPANISH-SPEAKING INTERNS FOR EACH GRADE LEVEL, KINDERGARTEN THROUGH 5TH GRADE.
SCHOOL STAFF PROGRAMS - IN THIS FISCAL YEAR, FOM PROVIDED $18,088 IN FUNDING TO HIRE 4 TEACHING ASSISTANTS FOR THE 354 STUDENTS ENROLLED. IN THE FALL WHEN LAUSD COVID-REGULATIONS CAUSED AN IMMEDIATE NEED TO HIRE A NEW TEACHER, FOM PROVIDED $7,989 IN FUNDING FOR THAT TEACHERS SALARY FOR SEVERAL MONTHS WHILE LAUSD WORKED ON THE CONTRACT.
OMMUNITY GARDEN PROGRAM - FOM PROVIDED $9,950 FOR THE CARE AND MAINTENANCE OF THE APPROXIMATELY 800 SQUARE FOOT EDIBLE COMMUNITY GARDEN. ALL STUDENTS ATTENDED A SEVERAL WEEK COURSE IN THE GARDEN LEARNING ABOUT SUBJECTS FROM SUSTAINABILITY TO HEALTHY EATING. THEY PLANT SEEDS, AND WATCH THE GARDEN GROW. IT IS ALSO HOME TO SEVERAL CHICKENS AND BUNNIES. FOM INSTALLED TWENTY (20) TREE STUMPS AT THE BUTTERFLY GARDEN, SPREAD MULCH AT THE BUTTERFLY GARDEN AND ALL SCHOOL TREES, PLANTED (5) NEW TREES AT THE BUTTERFLY GARDEN AND REPLACED THE DAMAGED IRRIGATION LINES AT THE BUTTERFLY GARDEN AND VINE BOXES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Loss-Campoamor Comm Co-Chair | Trustee | 6 | $0 |
Resa Caivano Co-President | OfficerTrustee | 10 | $0 |
Guisela Guiterrez Co-Secretary | OfficerTrustee | 6 | $0 |
Jade Marvan Co-Secretary | OfficerTrustee | 6 | $0 |
Sara Linfoot Fundraising Co | Trustee | 6 | $0 |
Rebecca Radojicic Beauty Co-Chair | Trustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,421 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,421 |
| 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 | $0 |
| Net Income from Fundraising Events | $178,691 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,596 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $212,708 |
| 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 | $1,700 |
| 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 | $2,175 |
| All other expenses | $8,857 |
| Total functional expenses | $86,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $195,297 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $195,297 |
| 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 | $195,297 |
| 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 | $195,297 |