Lacer Afterschool Programs
- Assets
- $2.1m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 128
- Location
- Los Angeles, CA
- Founding
- 04/1984
- Data as of
- 12/2023
- 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 12/2023, Lacer Afterschool Programs employed 128 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 12/2023, Lacer Afterschool Programs generated $2.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
LACER (LITERACY, ARTS, CULTURE, EDUCATION AND RECREATION) AFTERSCHOOL PROGRAMS (THE ORGANIZATION) WAS FORMED TO PROVIDE FREE CLASSES IN THE ARTS, ATHLETICS, AND ACADEMICS EVERY DAY, AFTER SCHOOL, TO UNDERSERVED MIDDLE AND HIGH SCHOOL STUDENTS IN LOS ANGELES, GRADES 6TH -12TH. THE FOLLOWING IS A BRIEF DESCRIPTION OF THE ORGANIZATIONS PROGRAMS:MIDDLE SCHOOL - L.A.C.E.R. AFTERSCHOOL PROGRAMS OPERATES IN 5 LAUSD MIDDLE SCHOOLS (GRADES 6TH -8TH) EVERY DAY, AFTER SCHOOL.HIGH SCHOOL - L.A.C.E.R. AFTERSCHOOL PROGRAMS OPERATES IN 3 LAUSD HIGH SCHOOLS(GRADES 9TH -12TH) EVERY DAY, AFTER SCHOOL.
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 FIVE MIDDLE SCHOOLS AND THREE 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, ARTS PROGRAMMING, ATHLETICS, AND ACADEMIC SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Seymour Exec. Director | Officer | 40 | $166,666 |
Jezabel Michel Gentry Deputy Director | 40 | $128,125 | |
Nicole Carcel Member | Trustee | 1 | $0 |
Sharon Stricker Co-Founder | Trustee | 4 | $0 |
Luann Boylan President | OfficerTrustee | 4 | $0 |
Madonna Cacciatore Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,408 |
| Related organizations | $0 |
| Government grants | $1,539,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $686,185 |
| Noncash contributions included in lines 1a–1f | $172,966 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,236,593 |
| Total Program Service Revenue | $0 |
| Investment income | $8,719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $20,940 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,264,078 |
| 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. | $177,957 |
| Compensation of current officers, directors, key employees. | $14,988 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,438,405 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $88,243 |
| Payroll taxes | $131,639 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $89,721 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $79,240 |
| Advertising and promotion | $0 |
| Office expenses | $14,925 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $151,723 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $258 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,307 |
| Insurance | $19,328 |
| All other expenses | $0 |
| Total functional expenses | $2,543,391 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $539,840 |
| Savings and temporary cash investments | $259,806 |
| Pledges and grants receivable | $766,938 |
| Accounts receivable, net | $422,398 |
| 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 | $39,664 |
| Net Land, buildings, and equipment | $34,337 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,062,983 |
| Accounts payable and accrued expenses | $38,768 |
| 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 | $38,768 |
| Net assets without donor restrictions | $901,050 |
| Net assets with donor restrictions | $1,123,165 |
| 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 | $2,062,983 |