Los Angeles Police Revolver & Athletic Club Inc
- Assets
- $5.3m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 26
- Location
- Los Angeles, CA
- Founding
- 06/1951
- Data as of
- 06/2022
- EIN
- 95-1686994
Organization Overview
Los Angeles Police Revolver & Athletic Club Inc is located in Los Angeles, CA. The organization was established in 1951. According to its NTEE Classification (N61) the organization is classified as: Fishing & Hunting, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Los Angeles Police Revolver & Athletic Club Inc employed 26 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Police Revolver & Athletic Club Inc 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 06/2022, Los Angeles Police Revolver & Athletic Club Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 4.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LAPRAAC'S MISSION IS TO ENCOURAGE THE HIGHEST LEVEL OF PROFESSIONAL LAW ENFORCEMENT SKILLS PROVIDING ATHLETIC, EDUCATIONAL, MARKSMANSHIP, PHYSICAL FITNESS, FACILITIES, RECREATION & SOCIAL ACTIVITIES TO BENEFIT ALL MEMBERS OF THE LOS ANGELES POLICE DEPARTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPORTS ACTIVITIES - THESE ARE PRIMARILY INTRAMURAL LEAGUES TO PROMOTE PHYSICAL FITNESS FOR THE POLICE OFFICERS.
CLUB STORE WAS AVAILABLE TO OVER 9,000 LOS ANGELES POLICE OFFICERS. THEY WERE ABLE TO PURCHASE ALL NECESSARY EQUIPMENT NEEDED FOR THEIR WORK.
RACES & COMPETITIONS - THESE ARE COMPETITIONS BETWEEN POLICE OCCICERS TO PROMOTE PHYSICAL ACTIVITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruben Crane General Manager | 40 | $146,495 | |
See Statement Attached Director | Trustee | 0 | $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 | $11,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,700 |
| Total Program Service Revenue | $2,306,175 |
| Investment income | $120,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $218,365 |
| Net Gain/Loss on Asset Sales | -$78,613 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $631,858 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,338,298 |
| 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. | $146,495 |
| Compensation of current officers, directors, key employees. | $73,247 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $738,610 |
| Pension plan accruals and contributions | $21,477 |
| Other employee benefits | $8,611 |
| Payroll taxes | $72,304 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $77,965 |
| Fees for services: Accounting | $6,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,388 |
| Fees for services: Other | $281,399 |
| Advertising and promotion | $3,044 |
| Office expenses | $10,525 |
| Information technology | $29,440 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,175 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,923 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,286 |
| Insurance | $227,399 |
| All other expenses | $336,000 |
| Total functional expenses | $3,578,531 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $242,946 |
| Savings and temporary cash investments | $994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,877 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $817,189 |
| Prepaid expenses and deferred charges | $49,009 |
| Net Land, buildings, and equipment | $1,089,729 |
| Investments—publicly traded securities | $2,808,673 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $276,157 |
| Total assets | $5,307,574 |
| Accounts payable and accrued expenses | $183,752 |
| 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 | $65,367 |
| Total liabilities | $249,119 |
| 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 | $5,058,455 |
| Total liabilities and net assets/fund balances | $5,307,574 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Los Angeles Police Revolver & Athletic Club Inc has recieved totaling $9,900.
| Awarding Organization | Amount |
|---|---|
Riverside Sheriffs Association Riverside, CA PURPOSE: DONATION | $9,900 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles Police Revolver & Athletic Club Inc Los Angeles, CA | $5,307,574 | $3,338,298 |
California Rifle And Pistol Association Inc Fullerton, CA | $3,577,227 | $2,785,850 |
Rio Salado Sportsmans Club Inc Mesa, AZ | $2,754,582 | $2,112,978 |
Richmond Rod & Gun Club Richmond, CA | $2,143,566 | $1,709,734 |
Folsom Shooting Club Sloughhouse, CA | $2,721,075 | $862,721 |
United Sportsman Inc Concord, CA | $3,584,385 | $711,298 |
Martinez Gun Club Martinez, CA | $763,515 | $964,217 |
Livermore-Pleasanton Rod & Gun Club Livermore, CA | $1,528,659 | $905,980 |
Sportfishing Association Of California San Diego, CA | $1,340,451 | $818,816 |
Desert Sportsmans Rifle And Pistol Club Inc Las Vegas, NV | $1,248,277 | $789,572 |
Oregon Hunters Association Medford, OR | $1,217,860 | $691,468 |
San Luis Obispo Sportsmens Association San Luis Obispo, CA | $565,455 | $763,265 |