The Los Angeles United Methodist Urban Foundation
- Assets
- $2.1m
- Revenue
- $511.4k
- Investments
- $2.0m
- Employees
- 17
- Location
- Los Angeles, CA
- Founding
- 03/1984
- Data as of
- 12/2021
- EIN
- 95-3888111
Organization Overview
The Los Angeles United Methodist Urban Foundation is located in Los Angeles, CA. The organization was established in 1984. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Los Angeles United Methodist Urban Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles United Methodist Urban Foundation 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 12/2021, Los Angeles United Methodist Urban Foundation generated $511.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $357.5k during the year ending 12/2021. While expenses have increased by 4.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS COMMITTED TO "INITIATING AND SUPPORTING SIGNS OF HOPE FOR THE CITY OF LOS ANGELES" BY EMPOWERING PEOPLE, ACHIEVING SOCIAL JUSTICE AND ECONOMIC DEVELOPMENT AND PROMOTING THE WELL BEING OF COMMUNITIES AS ENVISIONED BY CHRISTIAN FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILDING YOUTH LEADERSHIP - KID CITY IS A YEAR-ROUND, YOUTH LEADERSHIP AND DEVELOPMENT, COLLEGE ACCESS AND SUCCESS PROGRAM ESTABLISHED IN THE FALL OF 2008. PROGRAM PRIORITIES ARE COLLEGE ACCESS AND SUCCESS, JOB AND COLLEGE READINESS, AND CAMPUS AND COMMUNITY LEADERSHIP. IN 2021, KID CITY HAD OVER 400 STUDENTS IN COLLEGE, ABOUT 60 HIGH SCHOOL STUDENTS, AND IN ADDITION, SERVED SIBLINGS AND FAMILY MEMBERS OF PARTICIPATING STUDENTS. COLLEGE SUPPORT, MENTORING FOR COLLEGE ADMISSIONS, TUTORING, AND MUSIC LESSONS ARE OFFERED AFTER-SCHOOL. SUMMER AND WINTER BREAK PROGRAMS INCLUDE LEADERSHIP, MUSIC, DANCE, BAND, JOB TRAINING, ETC. KID CITY ENGAGES PARENTS AND FAMILIES TO SUPPORT FIRST GENERATION, COLLEGE-GOING YOUTH FROM LOW INCOME FAMILIES, IN NEIGHBORHOODS IN CENTRAL AND SOUTH LOS ANGELES.
CLAREMONT SCHOOL OF THEOLOGY - HALF OF THE INITIAL GIFT WITH WHICH THE URBAN FOUNDATION WAS FOUNDED IS A PERMANENTLY RESTRICTED FUND TO SUPPORT THE PROGRAMS AND PROFESSOR OF URBAN MINISTRY AT THE CLAREMONT SCHOOL OF THEOLOGY. THE SCHOOL OF THEOLOGY HAS ELECTED NOT TO WITHDRAW FUNDS THIS YEAR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Hawthorne Pres & Exec Dir | Officer | 32 | $60,000 |
Stewart Kwoh ESQ Chairman | OfficerTrustee | 1 | $0 |
Marcus Tanimoto Secretary | OfficerTrustee | 1 | $0 |
Val Toh VP And CFO | OfficerTrustee | 1 | $0 |
Rev Mandy Mcdow Director | OfficerTrustee | 1 | $0 |
Kevin Corbett Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,895 |
| All other contributions, gifts, grants, and similar amounts not included above | $264,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,702 |
| Total Program Service Revenue | $34,086 |
| Investment income | $33,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $112,288 |
| Net Income from Fundraising Events | $40,832 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $511,438 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $150,180 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,671 |
| Payroll taxes | $18,957 |
| Fees for services: Management | $0 |
| 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 | $0 |
| Office expenses | $15,522 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,825 |
| Travel | $424 |
| 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 | $15,675 |
| Total functional expenses | $357,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148,825 |
| 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 | $1,969,716 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,887 |
| Total assets | $2,146,428 |
| Accounts payable and accrued expenses | $17,140 |
| 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 | $17,140 |
| Net assets without donor restrictions | $952,222 |
| Net assets with donor restrictions | $1,177,066 |
| 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 | $2,146,428 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that The Los Angeles United Methodist Urban Foundation has recieved totaling $39,100.
| Awarding Organization | Amount |
|---|---|
Ross Stores Foundation Dublin, CA PURPOSE: YOUTH PROGRAM | $20,000 |
Education Trust Inc Washington, DC PURPOSE: Support | $8,000 |
The Annenberg Foundation Conshohocken, PA PURPOSE: KID CITY | $6,000 |
The@byron And Deanne Hayes Family Foundation Toluca Lake, CA PURPOSE: SUPPORT AN EDUCATIONAL PROGRAM FOR INNER CITY YOUTHS | $2,400 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,100 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Endowment Analysis
| Beg. Balance | $1,000,000 |
| Other Expense | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
W M Keck Foundation Los Angeles, CA | $1,878,594,082 | $132,529,748 |
Conrad Prebys Foundation San Diego, CA | $0 | $206,775,032 |
Jay And Rose Phillips Family Foundation Of California San Francisco, CA | $0 | $58,236 |
Jay And Rose Phillips Family Foundation Of Colorado Redwood City, CA | $0 | -$205,157 |
Henry J Kaiser Family Foundation San Francisco, CA | $1,103,580,994 | $111,004,070 |
The Ahmanson Foundation Beverly Hills, CA | $0 | $54,356,398 |
Charles Huang Foundation Pasadena, CA | $65,868,960 | $116,144,816 |
Weingart Foundation Los Angeles, CA | $0 | $30,569,267 |
Engelstad Fam Foundation Las Vegas, NV | $835,390,513 | $95,367,626 |
Price Philanthropies Foundation La Jolla, CA | $497,968,777 | $37,892,208 |
Kavli Foundation Los Angeles, CA | $672,190,947 | $63,900,227 |
Oprah Winfrey Charitable Foundation Los Angeles, CA | $244,908,730 | $15,499,605 |