Los Angeles Breakfast Club
- Assets
- $153.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 07/1935
- Data as of
- 12/2021
- EIN
- 95-0947510
Organization Overview
Los Angeles Breakfast Club is located in Los Angeles, CA. The organization was established in 1935. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, 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. Los Angeles Breakfast Club is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Los Angeles Breakfast Club generated $126.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 51.8% each year . All expenses for the organization totaled $64.2k during the year ending 12/2021. While expenses have increased by 3.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
WEEKLY BREAKFASTS AND EVENTS WITH GUEST SPEAKERS AND EDUCATIONAL PROGRAMS SERVING MEMBERS AND GUESTS; APPROXIMATELY 50-60 MEMBERS AND GUESTS WEEKLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Reich Chairman | 2 | $0 | |
Mickey Corcoran Vice President | 3 | $0 | |
Christopher Hanson Director | 3 | $0 | |
Kevin Segall Treasurer | 2.5 | $0 | |
Bill Siefke Director | 1 | $0 | |
Rex Link Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,328 |
| Total Program Service Revenue | $21,220 |
| Membership dues | $13,991 |
| Investment income | $1,903 |
| Gain or Loss | $62,833 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $126,275 |
| 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 | $18,791 |
| Occupancy, rent, utilities, and maintenance | $680 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44,740 |
| Total expenses | $64,211 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,186 |
| Other assets | $0 |
| Total assets | $153,186 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,186 |
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