2026-09-09T07:59:16-05:00 2025-12-31 423603499 EIDE BAILLY ADVISORY LLC 14010 FNB PKWY STE 600 OMAHA NE 681545206 990 2025-01-01 956207819 LOS ANGELES CITY COLLEGE FOUNDATION LOSA 3239534011 855 N VERMONT AVE LOS ANGELES CA 90029 MARTHA C ESPARZA EXECUTIVE DIRECTOR 3239534011 2026-09-08 1 MEGAN L KOZIOL P01544037 4023302660 2026-09-08 2025 MARTHA C ESPARZA 855 N VERMONT AVE LOS ANGELES CA 90029 77517766 0 X HTTPS://LACCFOUNDATION.ORG/ X 1968 CA TO DEVELOP PHILANTHROPIC SUPPORT FOR THE STUDENTS OF LOS ANGELES CITY COLLEGE (LACC). 23 23 14 30 0 0 2464385 2343028 0 0 1857463 25006808 32735 944 4354583 27350780 1658100 1889846 0 0 979117 1029961 0 0 0 1779618 1249563 4416835 4169370 -62252 23181410 54832898 57864371 220142 223115 54612756 57641256 X WE ARE COMMITTED TO BREAKING THE CYCLE OF POVERTY AND CREATING PROGRAMS THAT DRIVE CHANGE. BY ADDRESSING STUDENTS' BASIC NEEDS, INCLUDING FOOD, HOUSING, UTILITIES, TRANSPORTATION, AND HEALTHCARE, WE ENABLE LOW-INCOME STUDENTS TO ENROLL, PERSIST, AND SUCCEED IN THEIR EDUCATION AT LOS ANGELES CITY COLLEGE. 0 0 2471377 1183681 THE ORGANIZATION PROVIDED FUNDING FOR ACADEMIC DEPARTMENTS AT LACC AND STUDENT ENGAGMENT ON CAMPUS, INCLUDING SUPPORT FOR THE LACC FOOD PANTRY & FOOD HUB, AS WELL AS SUPPLIES FOR USE IN VARIOUS COLLEGE DEPARTMENTS. 706165 706165 SCHOLARSHIPS- THE ORGANIZATION PROVIDED SCHOLARSHIPS TO QUALIFIED LACC STUDENTS. 3177542 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 119 0 1 14 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 CA X HELEN KHACHATRYAN 3239534011 855 N VERMONT AVE LOS ANGELES CA 90029 ROBERT SCHWARTZ CHAIRMAN 6.00 X X 0 0 0 MARVIN HOFFMAN IMMEDIATE PAST CHAIRMAN 1.00 X X 0 0 0 C EDWARD DILKES VICE CHAIRMAN 1.00 X X 0 0 0 ROBERT WINTERS TREASURER 1.00 X X 0 0 0 DANNY CHAN ASSISTANT TREASURER 1.00 X X 0 0 0 JULIE C STROMBERG SECRETARY 1.00 X X 0 0 0 JEFF ZARRINNAM MEMBER-AT-LARGE 1.00 X 0 0 0 JOAN DANGERFIELD BOARD MEMBER 1.00 X 0 0 0 MICHAEL G MORGAN BOARD MEMBER 1.00 X 0 0 0 FARIBA KALANTARI BOARD MEMBER 1.00 X 0 0 0 DEAN HANSELL BOARD MEMBER 1.00 X 0 0 0 DJ MOORE BOARD MEMBER 1.00 X 0 0 0 MIKE HARRIEL BOARD MEMBER 1.00 X 0 0 0 DAVID RYU BOARD MEMBER 1.00 X 0 0 0 MARGARET MARTIN BOARD MEMBER 1.00 X 0 0 0 ROBERT REEVES BOARD MEMBER 1.00 X 0 0 0 ALEX SWART BOARD MEMBER 1.00 X 0 0 0 JERROD MCCLUNG BOARD MEMBER 1.00 X 0 0 0 BERJ TASHJIAN BOARD MEMBER 1.00 X 0 0 0 MARY GALLAGHER BOARD MEMBER 1.00 X 0 0 0 GREGORY GOECKNER BOARD MEMBER 1.00 X 0 0 0 RENEE MARTINEZ BOARD MEMBER 1.00 X 0 0 0 GERARD TAMPARONG BOARD MEMBER 1.00 X 0 0 0 THEO KINGMA BOARD MEMBER (THRU 3/2025) 1.00 X 0 0 0 JESSICA I SHAHAM BOARD MEMBER (THRU 1/2025) 1.00 X 0 0 0 LISA NASHUA EXECUTIVE DIRECTOR (THROUGH 6/25) 40.00 X 137737 0 4131 MARTHA ESPARZA EXECUTIVE DIRECTOR (FROM 7/25) 40.00 X 80104 0 4558 DAREN LYNNE DIR. OF STRAT. INITIATIVES 40.00 X 139200 0 8991 HELEN KHACHATRYAN SENIOR ACCOUNTANT 40.00 X 109246 0 4869 SILVIA MARTINEZ OFFICE MANAGER & SCHOLARSHIP COORD. 40.00 X 111108 0 25586 577395 0 48135 4 0 1 0 0 9350 408799 1924879 609592 2343028 1397924 1397924 73772303 50163419 23608884 23608884 23608884 3567 -3567 -3567 MISCELLANEOUS 611710 3503 3503 REFUNDS/ REBATES 611710 1008 1008 4511 27350780 4511 0 25003241 1183681 1183681 706165 706165 226808 113404 113404 653917 405417 248500 7591 4851 2740 71342 42527 28815 70303 41479 28824 90856 90856 36100 36100 235185 235185 71752 39852 31900 5825 5825 65717 40680 25037 53994 53994 1899 1749 150 34727 25258 9469 67539 48146 19393 8504 8504 34344 34344 STIPENDS AND TUITION 334076 333116 960 PROGRAM SUPPLIES 188773 185352 3421 DUES AND SUBSCRIPTIONS 17831 5865 11966 GOOD & WELFARE 1216 1216 1225 1225 4169370 3177542 991828 0 3484078 3675702 35224 92669 86651 16011 133316 108857 30455 24459 50967542 53811732 228948 243798 54832898 57864371 73490 68484 146652 0 0 154631 220142 223115 X 2905369 2607624 51707387 55033632 54612756 57641256 54832898 57864371 X 23181410 -20187385 34475 X X 0 1 X 1 0 X 3324709 4032686 4964001 2464385 2343028 17128809 239556 239556 3324709 4032686 4964001 2464385 2582584 17368365 1300097 16068268 577050 668239 776303 1026438 1397924 4445954 31861 31861 20807 24560 21349 874 4511 72101 21918281 0.73310 0.75300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 20,807. 2022 AMOUNT: $ 24,560. 2023 AMOUNT: $ 21,349. 2024 AMOUNT: $ 874. 2025 AMOUNT: $ 4,511. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 49639406 202749 4611884 1657679 52796360 45106613 98346 6084237 1649790 49639406 36715503 351335 9263631 1223856 45106613 46463295 295786 -8698207 1345371 36715503 37539719 1351746 8918975 1347145 46463295 0.00284 0.50850 0.48866 1 0 133316 108857 24459 24459 REFUNDABLE ADVANCES 154631 154631 X 7205808 -20187385 239556 38042 -19909787 27115595 235185 235185 27350780 4177308 239556 3567 243123 3934185 235185 235185 4169370 PART V, LINE 4: THE OBJECTIVE OF THE ENDOWMENT FUND IS TO RETAIN A FUND OF PERPETUAL DURATION. ALL THE EXPENDITURES ARE SUBJECT TO BOARD APPROVAL. THE FOUNDATION'S ENDOWMENT (THE ENDOWMENT) CONSISTS OF APPROXIMATELY 160 INDIVIDUAL FUNDS ESTABLISHED BY DONORS TO PROVIDE ANNUAL FUNDING FOR SPECIFIC ACTIVITIES AND GENERAL OPERATIONS. THE ENDOWMENT ALSO INCLUDES CERTAIN NET ASSETS WITHOUT DONOR RESTRICTIONS THAT HAVE BEEN DESIGNATED FOR ENDOWMENT BY THE BOARD OF DIRECTORS. PART X, LINE 2: THE FOUNDATION HAS ADOPTED FASB ASC TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. THE FOUNDATION WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE 3,567. CHANGE IN VALUE OF BENEFICIAL INTEREST 34,475. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS DIRECT EXPENSE 3,567. 1 LOS ANGELES CITY COLLEGE 855 N VERMONT AVE LOS ANGELES CA 90029 952587353 GOVERNMENTAL 574089 609592 FAIR MARKET VALUE FOOD, MISC. SUPPLIES SUPPORT THE EDUCATIONAL PROGRAMS OF LOS ANGELES CITY COLLEGE 1 0 SCHOLARSHIPS 1421 706165 PART I, LINE 2: THE QUALIFICATIONS TO RECEIVE THE SCHOLARSHIP BY THE QUALIFIED STUDENTS ARE BASED ON THEIR MATCH WITH CRITERIA. STUDENTS ARE REQUIRED TO SUBMIT AN APPLICATION AND THEIR STUDENT REPORTS FOR EVALUATION. THE ORGANIZATION ALSO PROVIDES GRANTS TO LOS ANGELES CITY COLLEGE, A RELATED ENTITY, FOR EDUCATIONAL PROGRAM SUPPORT. FUNDS ARE MONITORED THROUGH THE CLOSE RELATIONSHIP WITH LACC. X X 0 0 0 0 0 0 0 0 0 DAREN LYNNE DIR. OF STRAT. INITIATIVES 139200 0 0 0 0 0 0 0 12081 0 151281 0 0 0 X 2000 FAIR MARKET VALUE X 5 595158 FAIR MARKET VALUE X MEDICAL IMAGING EQUIPMENT 1 6700 FAIR MARKET VALUE X PHOTOGRAPHIC FILM 1 2500 FAIR MARKET VALUE X EVENT TICKETS 1 2199 FAIR MARKET VALUE X COSTUMING SUPPLIES 1 1035 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE FOUNDATION SHALL HAVE AN EXECUTIVE COMMITTEE, WHICH WILL BE COMPOSED OF THE OFFICERS OF THE BOARD. SUBJECT TO SUCH LIMITATIONS AS MAY BE IMPOSED BY THE BOARD, THE EXECUTIVE COMMITTEE SHALL BE POSSESSED OF ALL THE POWERS OF THE BOARD OF DIRECTORS, EXCEPT THOSE WHICH THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW, OR OTHER APPLICABLE LAW, SPECIFICALLY RESERVE TO THE FULL BOARD. THE POWERS RESERVED SPECIFICALLY BY LAW TO THE FULL BOARD ARE: A)THE FILING OF VACANCIES ON THE BOARD OR ANY COMMITTEE; B)THE AMENDMENT OR REPEAL OF BYLAWS OR THE ADOPTION OF NEW BYLAWS; C)THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEALABLE; D)THE APPOINTMENT OF OTHER COMMITTEES OF THE BOARD OF DIRECTORS THEREOF; AND E)THE APPROVAL OF ANY SELF-DEALING TRANSACTION, EXCEPT AS SPECIFICALLY PROVIDED BY SECTION 5233(A) OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE 990 PRIOR TO BEING FILED. THE EXECUTIVE COMMITTEE REVIEWS THE FILING AFTER THE RETURN HAS BEEN FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE CONFLICT OF INTEREST DISCLOSURE STATEMENTS ANNUALLY. THE STATEMENTS ARE MONITORED BY THE EXECUTIVE DIRECTOR. IF A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO EXCUSE HIMSELF OR HERSELF FROM ALL DISCUSSIONS OR VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY A COMPARISON TO THE FORM 990 OF OTHER SIMILAR ORGANIZATIONS, AND INCLUDES A REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS WITH CONTEMPORANEOUS SUBSTANTIATION OF THE DECISION. FORM 990, PART VI, SECTION C, LINE 19 LACCF MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST EITHER IN PERSON OR IN WRITING. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD FOR CA COMMUNITY COLLEGES 34,475. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. LOS ANGELES CITY COLLEGE 855 N VERMONT AVE LOS ANGELES CA 90029 952587353 PUBLIC COLLEGE CA GOVERNMENTAL N/A 0 0 1 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0