L A Chinatown Firecracker Run Committee Inc
- Assets
- $212.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/1997
- Data as of
- 05/2021
- EIN
- 95-4440752
Organization Overview
L A Chinatown Firecracker Run Committee Inc is located in Los Angeles, CA. The organization was established in 1997. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. L A Chinatown Firecracker Run Committee Inc 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 05/2021, L A Chinatown Firecracker Run Committee Inc generated $195.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $130.1k during the year ending 05/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
NEED2READ-BENEFIT INNER-CITY ELEMENTARY-ACE STUDENTS IN THEIR QUEST FOR BASIC LITERACY SKILLS. GRANTS WERE AWARDED TO LOCAL ELEMENTARY SCHOOLS AND COMMUNITY ORGANIZATIONS. VOLUNTEERS HAVE DONATED APPROXIMATELY 150 HOURS TO SUPPORT THE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Su President | 4 | $0 | |
Edmund Soohoo Secretary | 4 | $0 | |
Winston Young Director | 4 | $0 | |
Peter Chow Director | 4 | $0 | |
Jennifer Gee Director | 4 | $0 | |
Wilson Gee Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $188,139 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $7,805 |
| Total Revenue | $195,944 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $9,932 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $120,196 |
| Total expenses | $130,128 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $211,532 |
| Other assets | $0 |
| Total assets | $212,482 |
| Total liabilities | $0 |
| Net assets or fund balances | $212,482 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that L A Chinatown Firecracker Run Committee Inc has recieved totaling $280.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $280 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arizona Sports Foundation Scottsdale, AZ | $81,400,423 | $14,775,397 |
Honolulu Marathon Association Honolulu, HI | $702,356 | $7,732,346 |
Big West Conference Irvine, CA | $7,929,557 | $7,534,520 |
Reno Air Racings Association Inc Reno, NV | $901,025 | $5,151,361 |
Southern California Tennis Association Los Angeles, CA | $6,892,008 | $5,027,831 |
San Diego Bowl Game Association San Diego, CA | $2,382,848 | $1,680,512 |
Shoot The Puck Foundation Inc Fresno, CA | $1,640,190 | $2,525,508 |
Oregon Gymnastics Academy Beaverton, OR | $1,082,474 | $1,692,678 |
Td4tucson Tucson, AZ | $1,275,054 | $1,690,367 |
Club One Az Chandler, AZ | $817,190 | $1,726,904 |
Newark Soccer Club Inc Newark, CA | $0 | $1,380,907 |
Sun Devil Gymnastics Booster Club Chandler, AZ | $148,122 | $1,133,409 |