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826LA Form 990 (Fiscal Year 2023)

Page 1

Form

990

Department of the Treasury Internal Revenue Service

** PUBLIC DISCLOSURE COPY **

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) Do not enter social security numbers on this form as it may be made public. Go to www.irs.gov/Form990 for instructions and the latest information.

A For the 2022 calendar year, or tax year beginning B

JUL 1, 2022

and ending

C Name of organization

Check if applicable: Address change Name change Initial return Final return/ terminated Amended return Application pending

JUN 30, 2023

OMB No. 1545-0047

2022

Open to Public Inspection

D Employer identification number

826LA Doing business as Number and street (or P.O. box if mail is not delivered to street address)

1714 W. SUNSET BOULEVARD

38-3722092 Room/suite E Telephone number

City or town, state or province, country, and ZIP or foreign postal code

G

Expenses

Revenue

Activities & Governance

90026 H(a) Is this a group return JAIME BALBOA F Name and address of principal officer: for subordinates? ~~ Yes X No SAME AS C ABOVE H(b) Are all subordinates included? Yes No ) 501(c) ( (insert no.) 4947(a)(1) or 527 I Tax-exempt status: X 501(c)(3) If "No," attach a list. See instructions WWW.826LA.ORG H(c) Group exemption number J Website: X Corporation Trust Association Other Form of organization: Year of formation: 2005 M State of legal domicile: CA K L Part I Summary 1 Briefly describe the organization's mission or most significant activities: 826LA PROVIDES FREE TUTORING, WRITING, AND OTHER EDUCATIONAL PROGRAMS FOR CHILDREN.

Net Assets or Fund Balances

LOS ANGELES, CA

(213) 413-3388 2,364,452.

Gross receipts $

2 Check this box if the organization discontinued its operations or disposed of more than 25% of its net assets. 14 3 Number of voting members of the governing body (Part VI, line 1a) ~~~~~~~~~~~~~~~~~~~~ 3 14 4 Number of independent voting members of the governing body (Part VI, line 1b) ~~~~~~~~~~~~~~ 4 35 5 Total number of individuals employed in calendar year 2022 (Part V, line 2a) ~~~~~~~~~~~~~~~~ 5 604 6 Total number of volunteers (estimate if necessary) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 6 47,256. 7 a Total unrelated business revenue from Part VIII, column (C), line 12 ~~~~~~~~~~~~~~~~~~~~ 7a 0. b Net unrelated business taxable income from Form 990-T, Part I, line 11 •••••••••••••••••• 7b Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) ~~~~~~~~~~~~~~~~~~~~~ 9 Program service revenue (Part VIII, line 2g) ~~~~~~~~~~~~~~~~~~~~~ 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d) ~~~~~~~~~~~~~ 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) ~~~~~~~~ 12 Total revenue - add lines 8 through 11 (must equal Part VIII, column (A), line 12) ••• 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) ~~~~~~~~~~~ 14 Benefits paid to or for members (Part IX, column (A), line 4) ~~~~~~~~~~~~~ 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) ~~~ 16a Professional fundraising fees (Part IX, column (A), line 11e)~~~~~~~~~~~~~~

440,250. b Total fundraising expenses (Part IX, column (D), line 25) 17 Other expenses (Part IX, column (A), lines 11a-11d, 11f-24e) ~~~~~~~~~~~~~ 18 Total expenses. Add lines 13-17 (must equal Part IX, column (A), line 25) ~~~~~~~ 19 Revenue less expenses. Subtract line 18 from line 12 •••••••••••••••• 20 Total assets (Part X, line 16) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 21 Total liabilities (Part X, line 26) ~~~~~~~~~~~~~~~~~~~~~~~~~~~ 22 Net assets or fund balances. Subtract line 21 from line 20 ••••••••••••••

Part II

2,341,144. 58,499. 1,673. 53,358. 2,454,674. 0. 0. 1,607,672. 0.

1,997,394. 40,251. 42,739. 47,256. 2,127,640. 0. 0. 1,815,247. 0.

706,789. 2,314,461. 140,213.

643,289. 2,458,536. -330,896.

Beginning of Current Year

3,866,135. 169,844. 3,696,291.

End of Year

3,636,830. 171,595. 3,465,235.

Signature Block

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge. Sign Here

Signature of officer Type or print name and title Print/Type preparer's name

Paid Preparer Use Only

Date

JAIME BALBOA, EXECUTIVE DIRECTOR Preparer's signature

ARMEN GRIGORIAN QUIGLEY & MIRON Firm's name Firm's address 3550 WILSHIRE BLVD., #1660 LOS ANGELES, CA 90010

Date

Check if self-employed

PTIN

P01582463 Firm's EIN 32-0530003 Phone no.(213)

May the IRS discuss this return with the preparer shown above? See instructions ••••••••••••••••••••• 232001 12-13-22 LHA For Paperwork Reduction Act Notice, see the separate instructions.

639-3550 Yes No Form 990 (2022)


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