Reimagine La Foundation
- Assets
- $28.4k
- Revenue
- $153.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3857871
Organization Overview
Reimagine La Foundation is located in Los Angeles, CA. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Reimagine LA Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PARTNER WITH THE NONPROFIT SECTOR AND COMMUNITIES OF COLOR TO CREATE SOCIAL IMPACT THROUGH STRATEGIC FUNDING OF EFFECTIVE PROGRAMS, SOCIAL INNOVATION, AND A DYNAMIC APPROACH TO PHILANTHROPY. HERE AT REIMAGINE LA FOUNDATION WE ADVOCATE FOR AND ADVANCE COMMUNITY-LED SOLUTIONS TO INEQUITIES AND INJUSTICES. WE ARE ALSO PASSIONATE ABOUT BOLSTERING INCLUSION AND CIVIC EMPOWERMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO PARTNER WITH THE NONPROFIT SECTOR AND COMMUNITIES OF COLOR TO CREATE SOCIAL IMPACT THROUGH STRATEGIC FUNDING OF EFFECTIVE PROGRAMS, SOCIAL INNOVATION, AND A DYNAMIC APPROACH TO PHILANTHROPY. HERE AT REIMAGINE LA FOUNDATION WE ADVOCATE FOR AND ADVANCE COMMUNITY-LED SOLUTIONS TO INEQUITIES AND INJUSTICES. WE ARE ALSO PASSIONATE ABOUT BOLSTERING INCLUSION AND CIVIC EMPOWERMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raul Claros Co Founder | Trustee | $0 | |
Charleta Johnson CEO | OfficerTrustee | $0 | |
Kathy Madriz Board Member | Trustee | $0 | |
Ayesha Rucker Board Member | Trustee | $0 | |
Rashad Rucker-Tarpp Co Founder | Trustee | $0 | |
Amber Strange Secretary | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $53,303 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $153,303 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $153,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,873 |
| 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 | $52,155 |
| 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 | $10,938 |
| Office expenses | $2,818 |
| Information technology | $2,925 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $665 |
| 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 | $180 |
| Total functional expenses | $127,016 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,429 |
| 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 | $28,429 |
| 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 | $28,429 |
| 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 | $28,429 |
Grants Awarded
Over the last fiscal year, Reimagine La Foundation has awarded $38,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HOMIES UNIDOS | | | $12,000 |
KOREATOWN YOUTH & COMMUNITY CENTER | | | $5,500 |
LATINO COALITION OF LOS ANGELES | | | $5,500 |
TRUST SOUTH LA | | | $10,000 |
UNIVERSITY LITTLE LEAGUE | | | $5,500 |