Los Angeles Police Reserve Foundation
- Assets
- $888.5k
- Revenue
- $402.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 02/1984
- Data as of
- 12/2022
- EIN
- 95-3900093
Organization Overview
Los Angeles Police Reserve Foundation is located in Los Angeles, CA. The organization was established in 1984. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Police Reserve 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 12/2022, Los Angeles Police Reserve Foundation generated $402.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $212.3k during the year ending 12/2022. While expenses have increased by 9.5% per year over the past 5 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
PROVIDE EQUIPMENT & TRAINING NOT PROVIDED BY LAPD TO RESERVE OFFICERS; RECRUIT ADDITIONAL LAPD RESERVE OFFICERS; PROVIDE SCHOLARSHIPS TO LAPD RESERVE OFFICERS AND OR THEIR IMMEDIATE FAMILY; HOST ANNUAL AWARDS DINNER TO RECOGNIZE OUTSTANDING LAPD RESERVE OFFICERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE THE ANNUAL LAPD RESERVE OFFICER AWARDS DINNER RECOGNIZING OUTSTANDING RESERVE OFFICERS FOR THEIR WORK AS DETERMINED BY COMMANDING OFFICERS IN THEIR RESPECTIVE DIVISIONS AND AREAS OF ASSIGNMENT. PRESENT SERVICE PINS TO RESERVE OFFICERS WHO HAVE ACHIEVED 25 30 35 40 ETC OF YEARS ON THE JOB.
PROVIDE FOR THE COST OF EQUIPMENT AND TRAINING NOT PROVIDED BY THE LAPD TO EXISTING RESERVE OFFICERS; ASSIST NEW RESERVE RECRUITS WITH THE COST OF EQUIPMENT REQUIRED FOR ENTERING THE ACADEMY IF THEY DEEM IT A FINANCIAL HARDSHIP; SUBSIDIZE THE COST OF A LEGAL PLAN SHOULD THE NEED FOR LEGAL SERVICES ARISE DURING THE PERFORMANCE OF THEIR DUTIES; PROVIDE FINANCIAL AID TO RESERVE OFFICERS EXPERIENCING FINANCIAL HARDSHIPS.
FUND RECRUITMENT ADVERTISING COST TO RECRUIT NEW RESERVE OFFICERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Favero Treasurer | Officer | 10 | $0 |
Karla Ahmanson Co-President | Officer | 15 | $0 |
Michael Sellars Co-President | Officer | 20 | $0 |
Ryan Cassidy Secretary | Officer | 1 | $0 |
Taylor Van Director | Trustee | 1 | $0 |
Mark Dietch Vice President | Officer | 1 | $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 | $396,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $396,270 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $5,927 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $402,197 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,000 |
| Grants and other assistance to domestic individuals. | $10,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $30,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $3,238 |
| All other expenses | $42,942 |
| Total functional expenses | $212,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $888,452 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $888,452 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $888,452 |
| 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 | $888,452 |