Lacer Afterschool Programs
- Assets
- $1.6m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 111
- Location
- Los Angeles, CA
- Founding
- 04/1984
- Data as of
- 12/2021
- EIN
- 95-3890819
Organization Overview
Lacer Afterschool Programs is located in Los Angeles, CA. The organization was established in 1984. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Lacer Afterschool Programs employed 111 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lacer Afterschool Programs 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, Lacer Afterschool Programs generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 3.1% 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
PROVIDES UNDERSERVED BOYS AND GIRLS WITH ARTS AND LITERACY-BASED AFTER-SCHOOL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LACER AFTERSCHOOL PROGRAMS SERVED OVER 4,000 UNDERPRIVILEGED YOUTH, AGES 10-18 YEARS OLD,THROUGH ITS AFTERSCHOOL PROGRAMS AT FOUR MIDDLE SCHOOLS AND FOUR HIGH SCHOOLS IN THE CENTRAL CITY OF LOS ANGELES. PROGRAMS ARE OFFERED TO THESE PUBLIC SCHOOL YOUTH EVERY DAY FROM SCHOOL'S END UNTIL 6PM DURING THE SCHOOL YEAR. FIELD TRIPS AND SPECIAL WEEKEND ACTIVITIES ARE ALSO AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Seymour Executive Dir. | OfficerTrustee | 40 | $125,000 |
Nicole Carcel Secretary | OfficerTrustee | 4 | $0 |
Luann Boylan President | OfficerTrustee | 4 | $0 |
Sharon Stricker Treasurer | OfficerTrustee | 4 | $0 |
Elizabeth Weinberg Vice President | OfficerTrustee | 4 | $0 |
Andrea Byrd Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,966,235 |
| All other contributions, gifts, grants, and similar amounts not included above | $732,321 |
| Noncash contributions included in lines 1a–1f | $560,250 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,698,556 |
| Total Program Service Revenue | $0 |
| Investment income | $56 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,217 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,678,395 |
| 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. | $125,000 |
| Compensation of current officers, directors, key employees. | $39,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,243,685 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $46,971 |
| Payroll taxes | $158,523 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $54,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $102,299 |
| Advertising and promotion | $0 |
| Office expenses | $22,480 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $89,243 |
| Travel | $242 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,761 |
| Insurance | $15,321 |
| All other expenses | $704 |
| Total functional expenses | $1,999,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,433 |
| Savings and temporary cash investments | $356,696 |
| Pledges and grants receivable | $767,833 |
| 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 | $10,384 |
| Net Land, buildings, and equipment | $22,081 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $150,563 |
| Total assets | $1,556,990 |
| Accounts payable and accrued expenses | $4,771 |
| 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 | $26,259 |
| Total liabilities | $31,030 |
| Net assets without donor restrictions | $1,390,574 |
| Net assets with donor restrictions | $135,386 |
| 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 | $1,556,990 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Lacer Afterschool Programs has recieved totaling $78,639.
| Awarding Organization | Amount |
|---|---|
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF AFTER-SCHOOL PROGRAMMING FOR MIDDLE AND HIGH SCHOOL STUDENTS | $40,000 |
Foundation For Global Sports Development Los Angeles, CA PURPOSE: TO SUPPORT SPORTSTARS AFTERSCHOOL PROGRAM, OFFERING A VARIETY OF FREE ORGANIZED SPORTS ACTIVITIES.IN ADDITION TO DEVELOPING SPORTS SKILLS, STUDENTS LEARN THE IMPORTANCE OF TEAMWORK, GOOD SPORTSMANSHIP, FAIR PLAY, AND A HEALTHY LIFESTYLE. | $10,000 |
Adams-Mastrovich Family Foundation U A 15690 Las Vegas, NV PURPOSE: GENERAL SUPPORT | $10,000 |
Great Public Schools Now Los Angeles, CA PURPOSE: 2021 GRANT - AFTER SCHOOL STAFFING | $7,400 |
Womens Sports Foundation New York, NY PURPOSE: Sports 4 Life Program | $7,000 |
The Barbara And Brian Rosenstein Family Foundation Beverly Hills, CA PURPOSE: PROGRAM SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |
Davidson Institute For Talent Development Incline Village, NV | $2,040,449 | $8,109,259 |
Pueblo Nuevo Education And Development Group Los Angeles, CA | $12,032,883 | $8,677,303 |
Silicon Schools Fund Inc Oakland, CA | $28,590,142 | $9,890,035 |
Alliance College-Ready Public Schools Foundation Los Angeles, CA | $1,948,564 | $6,883,984 |
Stem Next Opportunity Fund San Diego, CA | $10,305,213 | $10,913,896 |