Los Angeles Turners
- Assets
- $3.7m
- Revenue
- $26.2k
- Investments
- $102.9k
- Employees
- 0
- Location
- Torrance, CA
- Founding
- 06/1994
- Data as of
- 09/2023
- EIN
- 95-6094124
Organization Overview
Los Angeles Turners is located in Torrance, CA. The organization was established in 1994. According to its NTEE Classification (O99) the organization is classified as: Youth Development N.E.C., under the broad grouping of Youth Development and related organizations. This organization is the central organization for a national or regional group of organizations. Los Angeles Turners 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 09/2023, Los Angeles Turners generated $26.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (28.1%) each year. All expenses for the organization totaled $134.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOS ANGELES TURNERS OFFER GERMAN LANGUAGE CLASSES.
THE LOS ANGELES TURNERS PROVIDE FINANCIAL ASSISTANCE TO ECONOMICALLY DISADVANTAGED INDIVIDUALS
THE LOS ANGELES TURNERS PROVIDE ART, DANCE, AND CULTURE EVENTS TO PROMOTE GERMAN HERITAGE AND CULTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harald Niehenki Treasurer | 10 | $0 | |
Rita Reiff Secretary | 10 | $0 | |
Alexander Hast President | 10 | $0 | |
Johan Hautekeete Board Member | 10 | $0 | |
Dennis F Fredricks Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $3,744 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,490 |
| Capital Gain Net Income | $22,490 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,245 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $134,518 |
| Total operating and administrative expenses | $134,518 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $134,518 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,118 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $102,949 |
| Net Land, buildings, and equipment | $3,591,100 |
| Other assets | $0 |
| Total assets | $3,711,167 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,079 |
| Total liabilities | $1,079 |