Los Angeles Chargers Charities
- Assets
- $1.4m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Costa Mesa, CA
- Founding
- 09/1995
- Data as of
- 12/2021
- EIN
- 33-0670086
Organization Overview
Los Angeles Chargers Charities, operating under the name Los Angeles Chargers Impact Fu, is located in Costa Mesa, CA. The organization was established in 1995. According to its NTEE Classification (S21) the organization is classified as: Community Coalitions, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Los Angeles Chargers Impact Fu 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 12/2021, Los Angeles Chargers Impact Fu generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.5% each year . All expenses for the organization totaled $923.1k during the year ending 12/2021. While expenses have increased by 19.5% per year over the past 7 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.
Since 2019, Los Angeles Chargers Impact Fu has awarded 40 individual grants totaling $1,499,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHARGERS IMPACT FUND IS COMMITTED TO HELPING FAMILIES THRIVE IN AND AROUND SOUTHERN CALIFORNIA. WE FOCUS OUR EFFORTS THROUGH OUR FOUR IMPORTANT FOUNDATIONAL PILLARS: YOUTH EMPOWERMENT, SUPPORTING FAMILIES, ANIMAL WELFARE AND EMERGENCY RESPONSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARGERS IMPACT FUND HAS BEEN PROVIDING FUNDS TO EDUCATIONAL INSTITUTIONS FOR MORE THAN TWO DECADES. PROGRAMS SUCH AS CHARGERS CHAMPIONS HAVE ASSISTED SCHOOLS WITH GRANTS OR IMPROVEMENTS TO IMPROVE THE HEALTH AND WELL-BEING OF THE REGIONS CHILDREN. IN ADDITION, FIRST DOWNS FOR FIRST BOOKS PROGRAM DONATES BOOKS TO KIDS, SCHOOLS, AND NONPROFITS THROUGHOUT THE LA REGION. THROUGH THE ALLIANCE, THE ORGANIZATION HAS BECOME PART OF A COLLABORATION OF 12 PROFESSIONAL SPORTS ORGANIZATIONS TO ADDRESS RACIAL INJUSTICE, DEVELOP EDUCATIONAL OPPORTUNITIES, AND SUPPORT OTHER IMPORTANT ISSUES FACING COMMUNITIES OF COLOR, PARTICULARLY BLACK COMMUNITIES. THIS COMMITMENT INCLUDES SUPPORTING THE PLAY EQUITY FUNDS SOCIAL JUSTICE MOVEMENT IN LOS ANGELES, AND IN ORANGE COUNTY AMPLIFYING THE WORK OF ACCELERATE CHANGE TOGETHER (ACT) ANAHEIM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Hernandez Secretary | OfficerTrustee | 1 | $0 |
Tim Romer Treasurer | OfficerTrustee | 1 | $0 |
Alex G Spanos President | OfficerTrustee | 1 | $0 |
John Spanos Board Member | Trustee | 1 | $0 |
Janice Brown Board Member | Trustee | 1 | $0 |
Curtis Conway Board Member | Trustee | 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 | $1,322,537 |
| Noncash contributions included in lines 1a–1f | $122,307 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,322,537 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $475,045 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,797,728 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $893,575 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,927 |
| Office expenses | $23,890 |
| 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 | $874 |
| All other expenses | $1,055 |
| Total functional expenses | $923,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,355,633 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $50,000 |
| 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 | $1,405,633 |
| Accounts payable and accrued expenses | $147,907 |
| 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 | $147,907 |
| Net assets without donor restrictions | $1,257,726 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $1,405,633 |
Grants Awarded
Over the last fiscal year, Los Angeles Chargers Charities has awarded $698,877 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
Los Angeles, CA | | $100,000 |
VALHALLA HIGH SCHOOL | | | $70,000 |
SAN DIEGO HIGH SCHOOL | | | $70,000 |
CENTRAL UNION HIGH SCHOOL | | | $65,000 |
MOUNT MIGUEL HIGH SCHOOL | | | $65,000 |
Los Angeles, CA | | $57,100 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Los Angeles Chargers Charities has recieved totaling $329,500.
| Awarding Organization | Amount |
|---|---|
National Football League Foundation New York, NY PURPOSE: MEMBER CLUB MATCHING YOUTH/ HIGH SCHOOL FOOTBALL GRANTS | $70,000 |
Saban Charitable Support Fund Los Angeles, CA PURPOSE: GENERAL SUPPORT | $50,000 |
National Football League Foundation New York, NY PURPOSE: CLUB COMMUNITY GRANTS SOCIAL JUSTICE | $31,000 |
National Football League Foundation New York, NY PURPOSE: MEMBER CLUB MATCHING YOUTH/ HIGH SCHOOL FOOTBALL GRANTS | $25,000 |
National Football League Foundation New York, NY PURPOSE: MEMBER CLUB MATCHING YOUTH/ HIGH SCHOOL FOOTBALL GRANTS | $25,000 |
National Football League Foundation New York, NY PURPOSE: MEMBER CLUB MATCHING YOUTH/ HIGH SCHOOL FOOTBALL GRANTS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Policylink Oakland, CA | $113,528,942 | $83,393,172 |
Brawley Community Foundation Brawley, CA | $92,585,443 | $40,693,477 |
Faith In Action Network Oakland, CA | $57,402,769 | $31,612,901 |
Los Angeles Tourism Marketing District Corporation Los Angeles, CA | $15,743,609 | $14,651,626 |
Contract Services Administration Training Trust Fund Burbank, CA | $47,747,066 | $22,467,369 |
Community Coalition For Substance Abuse Prevention & Treatment Los Angeles, CA | $21,333,754 | $12,023,124 |
Tempe Community Action Agency Inc Tempe, AZ | $2,621,216 | $4,725,859 |
South Yuba River Citizens League Nevada City, CA | $2,701,919 | $4,085,213 |
Hyde Street Community Services Inc San Francisco, CA | $1,265,583 | $3,555,973 |
Civic Center Community Benefit District Inc San Francisco, CA | $6,725,973 | $3,947,040 |
Sustainable Northwest Portland, OR | $5,425,924 | $2,924,728 |
California Association Of Community Managers Inc Laguna Hills, CA | $3,532,616 | $3,354,520 |